SHANGHAI (Bloomberg): Shanghai’s iconic skyscrapers dimmed their exteriors Monday (Aug 22) as part of a two-day suspension, as the financial hub feels the spillover effects of an acute power shortage ... ( read original story ...)
China Stock Market Tipped To Head South Again On Tuesday
(RTTNews) - The China stock market on Monday wrote a finish to the two-day slide in which it had given up almost 35 points or 1.1 percent. The Shanghai Composite Index new sits just above the ... ( read original story ...)
Dada Announces Unaudited Second Quarter 2022 Financial Results
Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, today announced its unaudited financial results for the second quarter ended ... ( read original story ...)
Drought Hurts China’s Economy as Central Bank Cuts Rates
Sichuan’s many dams cannot generate enough electricity even for its own needs, forcing factories there to close for up to a week at a time. ( read original story ...)
United Imaging Shares Soar 75% in Shanghai Debut, China’s 3rd-Biggest IPO in 2022
A gong is pictured before the listing ceremony of the first batch of companies on STAR Market, China's new Nasdaq-style tech board, at Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 2019. ( read original story ...)
United Imaging Healthcare Jumps in Shanghai After $1.6B IPO
Shares of Shanghai United Imaging Healthcare Co. jumped in its market ... as 75% on Monday morning and was last trading 66% higher at CNY182.52, compared with its IPO price of CNY109.88 a share. That ... ( read original story ...)
Pharma firm Shanghai United Imaging jumps 75 percent in its debut IPO
(File) A pharmaceutical company, Shanghai United Imaging Healthcare ... Although high inflation and rising interest rates decrease prospects for equities sales, big IPOs remain active in China, in ... ( read original story ...)