Chinese grocery app Dingdong Maicai, backed by investors including Sequoia Capital and Tiger Global Management, aims to raise around $500 million in its U.S. IPO to compete in a crowded sector, three ... ( read original story ...)
U.S. investment ban only strengthens China’s financial centers: RT news
Tourists admire the skyline view of Lujiazui area at the Bund in Shanghai, east China, Jan. 6, 2020. (Xinhua/Wang Xiang) If Chinese companies need big capital inflows, they have two safe bets to ... ( read original story ...)
China to reform bank deposit rates pricing regime, set new ceilings
China plans to reform the way banks calculate deposit rates, setting new ceilings of up to 75 basis points above the benchmark rate for some lenders, sources said. ( read original story ...)
Stock Market Today: SGX Nifty edges 8 pts lower; Asian markets flat as investors await directional cues
Domestic stocks are likely to open on a flat note, in line with other Asian markets. The market appears to be indecisive near record levels and is losing momentum, as indicated by technical charts. ( read original story ...)
Taiwan Bank Fights Blame For Employee’s Failed £20M Deal
Shanghai Commercial & Savings Bank has argued that it should not have to compensate a health drinks producer for a failed £20 million ($28 million) investment arranged by one of the lender's former ... ( read original story ...)
Dada Announces Unaudited First Quarter 2021 Financial Results
China’s leading local on-demand delivery and retail platform, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Total net ... ( read original story ...)
China stocks end mixed on trade data; Shanghai Composite closes 0.2% higher
The blue-chip CSI300 index fell 0.1 per cent to 5,277.63, while the Shanghai Composite Index gained 0.2 per cent to 3,599.54. ( read original story ...)