Shares of Xiao-I (NASDAQ:AIXI) moved modestly lower in afternoon trading Thursday following the Chinese AI developer's downsized $39M US initial public offering. Load Error Xiao-I shares opened at $6 ... ( read original story ...)
6 companies that struck it big on China’s zero-COVID policies and came out on top after 3 years of lockdowns
A select few firms saw tremendous growth as cities locked down and China closed itself off to global travel. ( read original story ...)
Ethereum (ETH) Shanghai upgrade and RenQ Finance (RENQ) innovative DeFi Platform will ignite the bull run
In past market cycles, a surge in higher prices were often led by a strong wave initiated by one or two cryptocurrencies. As the next market bull run is anticipated soon, two cryptocurrencies, ... ( read original story ...)
Financial Regulator Reform Gives Foreign Investors Pause
Asian equities were mixed but mostly lower overnight as Hong Kong underperformed as foreign investors expressed concerns over a reshuffling of financial regulators in China. ( read original story ...)
Chinese industrial supplies platform ZKH Group files for $200M US IPO
ZKH Group (ZKH), which operates an industrial supplies procurement platform in China, has filed to raise $200M through a US initial public offering. The Shanghai-based company didn't specify in its ... ( read original story ...)
China must boost battered valuations of SOEs, says Shanghai Stock Exchange general manager in proposal to ‘two sessions’
China should use a variety of capital-market tools such as funding and restructuring to boost the valuations of publicly traded state-owned enterprises (SOEs), according to the general manager of the ... ( read original story ...)
‘Xi Jinping’s Guy’: Longtime Acolyte Li Set to Be China’s Next Premier
Longtime Acolyte Li Set to Be China's Next Premier By Yew Lun Tian, Laurie Chen and Joe Cash BEIJING (Reuters) - Four years before Li Qiang gained notoriety as the force behind the two-month COVID ... ( read original story ...)