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 ...)
Chinese stock market sees declines across major indices on Wednesday
On Wednesday, the Chinese stock market exhibited a downward trend, characterized by declines across major indices. Both the benchmark Shanghai Compos ... ( read original story ...)
China’s Central Bank Leaves Key Policy Rate Unchanged
The People's Bank of China (PBOC) said it was keeping the rate on 125 billion yuan ($17.28 billion) in one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at ... ( read original story ...)
Hong Kong’s Financial Empire Faces Critical Turning Point as Chinese Power Begins to Fade
the financial powerhouse faces a new problem—China's heavy hand on private lives, clamping down on cross-border money flows. Billionaire investor Mark Mobius told IBT Reporters his struggle to ... ( read original story ...)
Stock Market Today: Stocks mixed as inflation data looms, GameStop higher
Markets are braced for what could be a crucial April inflation report as the S&P 500 nears a fresh all-time high. ( read original story ...)
China Market Update: Real Estate Rockets While Baidu & JD.com Earnings Is On Deck
It was quiet overnight, with Hong Kong closed, resulting in light volumes as both Shanghai and Shenzhen fell to the bottom ... announced ($1.66 in 2 payments), the addition to Southbound Stock Connect ... ( read original story ...)