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Tag: stock market

Posted on 31/12/2024

Chinese toy maker Bloks Group files for up to $188 million Hong Kong IPO

Bloks Group is looking to raise as much as HK$1.46 billion ($188.01 million) in a Hong Kong initial public offering, as the Chinese toy maker aims to ramp up product development and output while ... ( read original story ...)

Posted on 31/12/2024

China’s top stock of 2024 eyes uplift from nation’s AI self-reliance

SHANGHAI: China’s top-performing stock of 2024 is expected to see additional tailwinds into next year from the nation’s drive for greater self-sufficiency in artificial intelligence (AI). ( read original story ...)

Posted on 31/12/2024

Hesai Group’s (HSAI) LiDAR Delivery Numbers Highlight China’s Autonomy Ambitions

Hesai Group’s (NASDAQ:HSAI) stock was down 50% for the year. Surprisingly, it is poised to end the year up well over 50%. In the last month alone, the stock has tripled, turning the tables on what was ... ( read original story ...)

Posted on 31/12/2024

China seeks to boost economic relief ahead of major holidays

China’s economy has struggled to gather steam this year, mainly due to a protracted property crisis and weak domestic demand ... ( read original story ...)

Posted on 30/12/2024

Chinese Stocks Mixed as Investors Await Economic Data

Chinese shares ended mixed, with the Shanghai Composite Index edging up 0.2% to 3407.33. The Shenzhen Composite Index shed 0.3% and ChiNext Price Index inched up 0.1%. Investors were anxiously ... ( read original story ...)

Posted on 30/12/2024

China stocks close up, led by energy and financials; HK shares down

SHANGHAI, - China stocks ended slightly higher on Monday, buoyed by gains in energy and financial shares, while smaller stocks weighed on overall performance. Hong Kong shares were down. ( read original story ...)

Posted on 30/12/2024

Stock market today: Asian shares are mixed after Wall Street slips, led by tech giants

Asian shares were mixed on Monday after stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. U.S. futures were lower while oil prices were little changed. ( read original story ...)

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