Chinese EV startup NIO hires banks for $2 billion U.S. stock IPO

At the top end of the potential offering size, the IPO would become the biggest Chinese listing in the United States since the $25 billion public float of e-commerce giant Alibaba Group Holding Ltd in 2014. Shanghai-based NIO has tapped banks including ... ( read original story ...)

Shanghai shares see worst month since early 2016

The price-to-earnings ratio of the Shanghai index was 15.05 as of the last full trading day while the dividend yield was 1.9 per cent. So far this week, the market capitalisation of the Shanghai stock index has risen by 1.17 per cent to 29.50 trillion yuan. ( read original story ...)

China Stock Market In Line For Further Damage

The China stock market on Tuesday halted the six-day winning streak in which it had soared more than 200 points or 6.5 percent. The Shanghai Composite Index now rests just above the 3,290-point plateau and it's called lower again on Wednesday. The global ... ( read original story ...)

Asian stock markets gain after Wall Street rally

KEEPING SCORE: The Shanghai Composite Index rose 0.7 per cent to ... WALL STREET: Wall Street capped several days of choppy trading with a rally that gave the stock market a modest gain for the week. Technology companies, banks and health care stocks ... ( read original story ...)