People's Bank of China injected CNY 300 billion into banks on June 25 via a one-year lending facility to maintain liquidity. This operation, aimed at ensuring banking system liquidity, resulted in a ... ( read original story ...)
Ping An builds HK$180 billion stake in China banks on dividend bet
HONG KONG] Ping An Insurance Group, as well as other Chinese insurers, have ramped up investments in the nation’s biggest banks on a bet that the dividend yields will outweigh headwinds of narrower ... ( read original story ...)
Alibaba (BABA) Backed MiniMax Planning IPO
Alibaba Group Holding Limited (NYSE:BABA) is one of Goldman Sachs’ top Chinese stock picks. On June 18, reports emerged indicating that one of the artificial intelligence startups the tech giant backs ... ( read original story ...)
How the Stock Market Works
The stock market is the magic beans of retirement. It can take your $500 per month and turns it into a $1 million nest egg by retirement. While to the untrained observer, such financial growth ... ( read original story ...)
Hong Kong stocks edge down as investors eye funding conditions
Hong Kong shares were slightly down on Monday, as investors assessed the potential for tighter cash supplies and monitored tensions in the Middle East for a likely hit to sentiment. China stocks were ... ( read original story ...)
Chinese chip designer Montage Technology reportedly hires banks for $1 billion Hong Kong IPO
Chinese mainland's chip designer Montage Technology Co has reportedly hired banks for its planned listing in the Hong Kong Special Administrative Region that could raise about $1 billion. The Shanghai ... ( read original story ...)
ZC Rubber goes public on Shanghai Stock Exchange
Shanghai, China – ZC Rubber has officially gone public on the Shanghai Stock Exchange (SSE) under the stock code 603049. The company issued 87.45 million shares at an offering price of RMB 46.50 per ... ( read original story ...)