GILD stock was trading at around $62 in early June 2022, just before the Fed started increasing rates, and is still close to that level, compared to a substantial 37% ... ( read original story ...)
SP Group announces large deal with CMB Financial Leasing
SP Group, an energy solution provider headquartered in Singapore, announced on Wednesday an 8 billion yuan ($1.1 billion) deal with China's CMB Financial Leasing Co Ltd via SP's wholly-owned ... ( read original story ...)
Asian Shares Mixed; Shanghai And Hong Kong Gain On Trade Data
Asian stocks ended mostly lower on Thursday, even as Chinese and Hong Kong markets advanced on the back of strong trade data. A ( read original story ...)
China Stock Market Expected To Open Under Pressure On Thursday
BEIJING (dpa-AFX) - The China stock market on Wednesday snapped the two-day winning streak in which it had collected more than 40 points or 1.3 percent. The Shanghai Composite Index now sits just beneath the 3,130-point plateau and it may take further ... ( read original story ...)
ZhongAn May Be Betting On Property Rebound With Shanghai Office Buys
ZhongAn has agreed to buy two office buildings in Shanghai from a joint venture majority-owned by the Rockefeller Group China’s property market has been in a prolonged slump, but the commercial segmen ( read original story ...)
China dials up scrutiny of IPO hopefuls with on-site inspections, leaving investment bankers anguished
The Shanghai and Shenzhen stock exchanges, the country's largest bourses, have accepted zero IPO applications since the start of the year As deals slump, many bankers have been idled at home for ... ( read original story ...)
With Onsite Inspections, China Dials up Scrutiny of Local Market IPO Hopefuls
SHANGHAI/HONG KONG (Reuters ... Retail investors get burnt in China's stock market where "many business people - not aspiring entrepreneurs - seek IPOs as a way to cash out," said Yang Tingwu, vice general manager of asset manager Tongheng Investment. ( read original story ...)