Snapping its four-day rising streak, equity benchmark Sensex surrendered all early gains to plunge 561 points on Wednesday, tracking a sell-off in financial stocks and weak cues from global markets. ( read original story ...)
BRICS New Development Bank issues bonds to fight COVID-19
SHANGHAI, June 24 (Xinhua) -- BRICS New Development Bank (NDB) has issued bonds in international capital markets for the first time to raise money to fight COVID-19, and is expected to issue bonds in ... ( read original story ...)
Silicon Valley’s next IPO is a Chinese software company that could raise over $500M on Friday
Chinese software company Agora Inc., whose U.S. headquarters is in Santa Clara, set price targets Monday for a Friday IPO in which it hopes to raise up to $362 million. The company has a pair of side ... ( read original story ...)
Lufax Holding’s Subsidiary LUI HK Obtains Three Financial Business Licenses in Hong Kong
PM HONG KONG and SHANGHAI, June 23, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) is pleased to announce that Hong Kong ... ( read original story ...)
China’s top stock index is being overhauled — which hasn’t happened in three decades
The Shanghai Composite will expand the wait period for new entrants, welcome tech companies from the bourse’s STAR Market, and kick out at-risk firms. ( read original story ...)
BRIEF-Tinavi Medical Technologies’ Shanghai IPO 3,692.8 Times Oversubscribed
SAYS ITS SHANGHAI IPO 3,692.8 TIMES OVERSUBSCRIBED Source text in Chinese: bit.ly/37PH3sp (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
UnionPay International Pledges Support for Stronger Financial Cooperation Between Shanghai and Singapore
SHANGHAI, June 22, 2020 /PRNewswire/ -- Global payment network, UnionPay International (UPI), has pledged its support for stronger financial cooperation between Shanghai and Singapore at the 12 th ... ( read original story ...)