The listing could give Energy Monster, which is the biggest player in China’s power bank rental market with a 34.4 percent share last year, a valuation of up to USD3.4 billion, it said. Operator ... ( read original story ...)
Shanghai best destination for SMEs
China's financial center Shanghai provides the best business environment for small and medium-sized enterprises, Yicai reported on Tuesday. Following Shanghai were Shenzhen and Nanjing, which ... ( read original story ...)
Win Streak Expected To End For China Stock Market
The China stock market has tracked higher in consecutive trading days, gathering more than 70 points or 2 percent along the way. The Shanghai Composite Index now rests just above the 3,435-point ... ( read original story ...)
US stocks hover near records as bank losses hold back gains
U.S. stocks stabilized in afternoon trading and hovered near the ... ( read original story ...)
Stocks are off to a mixed start, bank losses weigh on market
Stocks are off to a mixed start on Wall Street as losses for banks are offset by gains in several Big Tech companies including Facebook. The S&P 500 was down 0.2% in the first few minutes ... ( read original story ...)
Property management company owned by China’s Wanda attracts pre-IPO investment
Wanda Group's revamped property management business has secured 3 billion yuan ($457.34 million) of strategic investment from the government of Zhuhai, a city in southern China, ahead of its planned ... ( read original story ...)
Asian financial markets mixed amid vaccine, stimulus optimism
Asian stock markets were mixed Monday after Wall Street hit a new high amid optimism about government stimulus and the rollout of coronavirus vaccines. Shanghai, Tokyo, Hong Kong and Seoul advanced. ( read original story ...)