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China-U.S. IPO Train Creeps Ahead With First New Listing Application
China’s securities regulator said it has received an application from Majestic Ideal Holdings for a US listing. It could end a 2-year-old pause in new US listings by Chinese companies. ( read original story ...)
Ethereum’s Shanghai upgrade will dump huge sums of Ether into the market. Here’s everything you need to know – Fortune
That’s due to Ethereum’s latest upgrade, dubbed Shanghai, which unlocks close to 18 million so-called “staked ETH” from the blockchain—about 15% of all that’s in circulation. The giant token unlock ... ( read original story ...)
Wall Street Cues, Central Bank Outlooks, Beijing Stimulus Measures Lift Asian Stock Markets
Asian stock markets generally gained Monday on Wall Street cues, and possibilities for relative easing by major global central banks, including the US Federal Reserve and the European Central Bank. ( read original story ...)
BPI signs $300-M loan facility with banking consortium
MANILA -The Ayala Group’s Bank of the Islands (BPI) sealed a $300-million (P16.4 billion) debt deal with a consortium of 21 lenders as it further strengthens its balance sheet. In a ... ( read original story ...)
History leaves China stock bulls vulnerable in third quarter as Biden executive order, broken property market challenge optimism
Can China’s onshore stocks overcome the recent poor track record in the third quarter? There are enough reasons for investors to be disappointed, some analysts say. ( read original story ...)
Revitalized stock market reflects resilience of Chinese economy
The long-anticipated rally of Chinese stock markets has arrived, thanks to the country's top decision-making body's firm pledge to ratchet up economic stimulus in order to achieve the pre-set yearly ... ( read original story ...)