Asian shares are mixed after Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market Asian shares were ... Seng jumped 0.7% to 19,512.54 and the Shanghai Composite index surged 0.8% to ... ( read original story ...)
Stock market to be more efficiently regulated
As an important activity of the financial market, program trading can help stimulate market activity and improve liquidity. But it may also undermine market fairness and aggravate market volatility if lacking adequate supervision, said Chen Li, chief economist of Chuancai Securities. ( read original story ...)
Intchains Group Limited Reports First Quarter 2024 Unaudited Financial Results
Basic and diluted net loss per ordinary share were RMB0.12 (US$0.02) for the first quarter of 2024, compared to basic and diluted net earnings per ordinary share of RMB0.04 for the same period of 2023 ... ( read original story ...)
Swap old for new: China’s latest property market plan off to a poor start
A campaign by Chinese authorities to encourage people to replace their old apartments with new ones is attracting interest, but faces one major hurdle: the participants in the scheme are struggling to ... ( read original story ...)
Hong Kong’s Financial Empire Faces Critical Turning Point as Chinese Power Increases
Hong Kong, once a financial beacon, now faces challenges with a slipping global ranking and stringent Chinese controls on cross-border money flows. ( read original story ...)
Dada Announces Unaudited First Quarter 2024 Financial Results
Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China’s leading local on-demand retail and delivery platform, today announced its unaudited financial results for the first quarter ... ( read original story ...)
Stock market today: Wall Street rallies to records after inflation slows
That could threaten one of the main hopes that's rallied the U.S. stock market toward its records: The Federal Reserve can pull off the balancing act of slowing the economy enough through high ... ( read original story ...)