Kunshan Guoli Electronic Technology (688103) opened at RMB 62 on its first day trading on the Shanghai Stock Exchange's STAR Market, an increase of 415% from its IPO price of RMB 12.04. ( read original story ...)
China Stock Market May Spin Its Wheels On Friday
The China stock market rebounded on Thursday, one session after halting the two-day winning streak in which it had gathered almost 100 points or 0.8 percent. The Shanghai Composite Index now rests ... ( read original story ...)
China’s Shanghai Composite Rises, Surpassing February’s High
China’s Shanghai Composite Index surpassed a February peak with its ninth daily rise in 11 sessions, as real estate and conglomerate stocks drove the rally. The equities gauge jumped as much as 0.6% ... ( read original story ...)
FinVolution Group Forms Strategic Cooperation with Yillion Bank and Ocean Engine on Digitalization in Financial Services
FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that it has entered into strategic cooperation agreements with Ocean Engine, and ... ( read original story ...)
Kunshan Guoli Electronic Technology’s IPO to debut on SSE STAR Market
Kunshan Guoli Electronic Technology (688103) to start trading on the Shanghai Stock Exchange's STAR Market Sep 10, tomorrow. The firm has issued 23.89 mln shares priced at RMB 12.04 per share raising ... ( read original story ...)
New Development Bank expands membership and moves to new building
At the beginning of September, the New Development Bank announced to welcome the United Arab Emirates, Uruguay, and Bangladesh as new members. In late September, the bank will move to its new building ... ( read original story ...)
China blue chips fall on central bank’s monetary policy stance
China's central bank officials said liquidity supply and demand will remain balanced in the coming months, and China will maintain prudent monetary policy without resorting to flood-like stimulus. ( read original story ...)