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Tag: stock market

Posted on 28/02/2022

Yuan near 4-year high despite state bank dollar buying

China's yuan finished domestic trade at a near four-year high against the dollar on Monday, despite major state-owned banks buying the greenback to restrain the bullish Chinese currency. ( read original story ...)

Posted on 28/02/2022

Arm China CEO Allen Wu says IPO likely after 2025 – SCMP

British semiconductor and software design company Arm Ltd's embattled China joint venture Chief Executive Officer Allen Wu would like a Hong Kong or Shanghai market debut after 2025, the South China ... ( read original story ...)

Posted on 28/02/2022

Wealth management company AQUMON opens office in Shanghai

Hong Kong-based digital wealth management company AQUMON has opened a new office in Shanghai. The expansion is aimed at expanding its footprint in China. AQUMON said the new location is a strategic ... ( read original story ...)

Posted on 25/02/2022

Arm China CEO asserts semiconductor joint venture’s right to pursue an IPO independent from its SoftBank-owned British parent

Allen Wu, the chairman and chief executive of Arm China, told the South China Morning Post that the firm's Chinese shareholders, who control 51 per cent of the Shanghai-based joint venture, have the ... ( read original story ...)

Posted on 25/02/2022

Chongqing Hong Xi Technology’s IPO to debut on Beijing Stock Exchange

Chongqing Hong Xi Technology (871857) to start trading on the Beijing Stock Exchange Feb 28, next Monday. The firm has issued 18.40 mln shares priced at RMB 12 per share raising RMB 220.8 mln. Its ... ( read original story ...)

Posted on 25/02/2022

Stock market today: Wall Street points toward declines before opening bell as Russian troops advance

Wall Street pointed toward declines before Friday's opening bell and world shares mostly advanced as Russian troops pressed toward the capital of Ukraine. Future contracts for the benchmark S&P 500 ... ( read original story ...)

Posted on 25/02/2022

UBS stays upbeat on stocks in China’s bear market as policy easing measures gain momentum

A torrent of credit, easier financing for home purchases and fee cuts for smaller businesses are among signals officials are treating China’s slowest growth since mid-2020 with urgency, UBS strategist ... ( read original story ...)

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