China's Bank of Communications Co Ltd (BoCom) reported a 5.17% fall in second-quarter net profit on Wednesday, while warning of more bad debt from developers. Chinese banks have been facing a squeeze ... ( read original story ...)
China’s Nvidia wannabe, Tencent-backed AI chip start-up EnFlame, flags IPO intention
The Shanghai-based unicorn has begun the so-called tutoring process, compulsory for IPO applicants in China Tencent Holdings-backed Chinese artificial intelligence chip start-up Enflame has kicked off ... ( read original story ...)
Chinese banks buoyant amid market tumult as stock investors hunt for dividend yields
Led by ICBC, CCB, ABC and BOC, 42 mainland-listed banks have gained 19 per cent on average this year, trouncing a 4.2 per cent decline in the benchmark CSI 300 Index. ( read original story ...)
Stock market update: Markets turn flat amid profit-taking, weak trends in Asian peers
Stock market indices turned flat after beginning trade on positive note amid profit-taking in line with weak trends in Asian peers ... ( read original story ...)
Shanghai Suochen Information Technology Co. Ltd. A
Market Capitalization Reflects the total market value of a company. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. For companies with multiple common ... ( read original story ...)
Jiayin Group Inc. Reports Second Quarter 2024 Unaudited Financial Results
476.3 million -- SHANGHAI, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced its unaudited financial ... ( read original story ...)
Shanghai’s Bund forum to highlight ‘technology for a sustainable future’
Shanghai's flagship global fintech event, INCLUSION·Conference on the Bund, will be held next week, featuring the city's latest advancements and blueprint in financial technology. The keynote forum ... ( read original story ...)