Tag: stock market

China’s stocks remained steady but poised for their largest weekly increase in over seven months. A ceasefire between Israel and Iran improved market sentiment, leading financial shares and brokerage ... ( read original story ...)

Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local currency hit the weak end of its trading band. The city's currency is pegged in a ... ( read original story ...)

SINGAPORE] The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. Read more at The Business ... ( read original story ...)

Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollar against the Hong Kong dollar, which hit the weak end of its trading band. The city's currency is pegged in a narrow ... ( read original story ...)

Amid rising demand for AI hardware in China and U.S. sanctions, China's GPU industry is rapidly expanding, with companies like Biren, Moore Threads, MetaX, and Zhaoxin pursuing IPOs to secure funding ... ( read original story ...)

Investing.com -- Moody’s Ratings has upgraded Shanghai Electric Holdings Group Co., Ltd. (SEGC) and its key subsidiary, Shanghai Electric Group Company Limited (SHE) to Baa2 from Baa3, with the ... ( read original story ...)

As the global race for AI computing power heats up, Chinese GPU startups are rushing to go public. Companies such as Moore Threads, MetaX Integrated Circuits (Shanghai) Co., Shanghai Enflame ... ( read original story ...)