Loongson Technology on Monday filed for an IPO on Shanghai's Nasdaq-style STAR Market, as the central processing unit designer looks to raise 3.5 billion yuan ($544 million) amid a government drive to ... ( read original story ...)
Nio Stock Extends Rally: What’s Going On?
Shares of Chinese electric vehicle maker Nio Inc. (NYSE: NIO) closed almost 2% higher in the regular session on Tuesday, extending its rally from the previous session. What Happened: Nio’s shares rose ... ( read original story ...)
AIA to Buy 25% Stake in China Post Life for USD1.9 Billion to Tap Into Its Bank Sales Channels
AIA will buy a nearly 25 percent stake in Beijing-based China Post Life Insurance, the Hong Kong-headquartered buyer said in a statement yesterday. A deal was expected. In April, China Post Life said ... ( read original story ...)
Shanghai Nonferrous Network visits China people’s holding Group to promote in-depth exchanges and cooperation
During this visit, the two sides conducted in-depth discussions and exchanges on business cooperation, the current development situation of the industry, and the current market situation. The people's ... ( read original story ...)
SoftBank-backed Dingdong raises US$95.7 million in downsized US IPO
Chinese grocery app Dingdong, backed by SoftBank Vision Fund 2, raised about US$95.69 million in its U.S. initial public offering on Tuesday after ... ( read original story ...)
Stock Market Today: SGX Nifty rises 30 points; Asian markets off to cautious start; Japan May factory output records biggest drop in a year
Nifty futures on Singapore Exchange traded 30.50 points, or 0.19 per cent, higher at 15,818.00, signaling that Dalal Street was headed for a positive start on Wednesday. Nifty50 on Tuesday formed a ... ( read original story ...)
Stock Futures Mixed as Bank Shares Bounce
Dow Jones Industrial Average (DJI) futures are eyeing an upbeat open this morning, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are struggling for direction. Though a resurgent tech ... ( read original story ...)