Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in more than four years ... ( read original story ...)
China Market Update: Tencent Crowned The Stock Repurchase King
Electric vehicle (EV) and internet stocks had strong sessions, except for Trip.com, which fell -1%. Hong Kong’s most heavily traded stocks by value were Tencent, up +0.58%, Midea, up +7.85%, Alibaba, ... ( read original story ...)
Stock market today: Wall Street hangs near records as it counts down to a rate cut
U.S. stocks are hanging near their records as Wall Street continues to expect bigger-than-usual relief for the economy to arrive Wednesday through a coming cut to interest rates ... ( read original story ...)
Asian Shares Mixed Amid Global Market Volatility
Asian stock markets exhibited mixed performances today as investors navigated through various economic data and global uncertainties. In Japan, the Nikkei 225 index saw a modest rise, buoyed by strong ... ( read original story ...)
Shanghai Pudong Development Bank Co., Ltd. (600000.SS)
Silicon Valley Bank's Chinese joint venture will become a wholly owned unit of Shanghai Pudong Development Bank, following approval to change its name to Shanghai Innovation Bank, a Chinese ... ( read original story ...)
China’s IPO and M&A Bankers Start to Regain Their Swagger
Hi it’s Ben Scent in London and Manuel Baigorri in Hong Kong, looking at the signs of deals revival in China. Also today, DSV is finally confirmed as the winner for Deutsche Bahn’s logistics unit and ... ( read original story ...)
Growth in the Chinese wealth market will drive affluent population growth in 2021
The Shanghai Stock Exchange Composite Index recovered from the losses incurred earlier in the year, with the stock market index registering a 13.9% growth in 2020, fuelling an appetite for riskier ... ( read original story ...)