It's usually a red flag whenever China's bean counters "optimise" already questionable market indicators. However, the recent tweak to how the country calculates what the financial sector contributes ... ( read original story ...)
Securities refinancing halted to maintain stock market stability
With the benchmark Shanghai Composite Index dropping below ... that securities refinancing activity has put pressure on market performance. The commission also said that it has approved stock ... ( read original story ...)
MegazoneCloud confident in IPO after picking big name lead managers
MegazoneCloud has expressed confidence in its initial public offering (IPO), which could value the Korean cloud management company up to $7 billion, by selecting several big-name brokerages as lead ... ( read original story ...)
Stock market today: Asian shares are mixed after Fed chair’s comments give scant clues on rate cuts
In Hong Kong, the Hang Seng index gained 0.4% to 17,587.16, while the Shanghai Composite index gave up 0.3% to ... warning either scenario could end up weaking the economy and job market. Powell is ... ( read original story ...)
Chinese start-up Hozon eyes new overseas markets for Neta EVs after Hong Kong IPO
We look to grow bigger and stronger by localising our best technologies, products and services in markets worldwide,' co-founder Fang Yunzhou says Hozon New Energy Automobile, the Chinese start-up ... ( read original story ...)
Stock market today: Asian shares trade mostly higher after S&P 500, Nasdaq reach more records
Asian shares were mostly higher Tuesday after Wall Street benchmarks reached more milestones. Japan's benchmark Nikkei 225 jumped 1.5% in morning trading to 41,386.80. Australia's S&P/ASX 200 gained 0 ... ( read original story ...)
Stock market today: Japan’s Nikkei 225 index logs record close, as markets track rally on Wall St
while the Shanghai Composite surged 1.3% to 2,959.74. “Risk-taking will still likely be more measured ahead of the Federal Reserve Chair’s testimony and the key U.S. inflation release this week,” Yeap ... ( read original story ...)