Coupang, South Korea's biggest e-commerce company, has pulled off the largest US initial public offering so far this year. ( read original story ...)
China’s Ant publishes financial self-discipline rules amid tougher scrutiny
The publication of the rules, the first of their kind released by the group, comes some four months after China suspended the financial technology giant’s $37 billion plan for a share listing in both ... ( read original story ...)
UPDATE – Pinduoduo to Report Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results on …
SHANGHAI, China, March 11, 2021 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (“Pinduoduo”) (NASDAQ: PDD) today announced that it will report its unaudited financial results for the fourth quarter and fiscal ... ( read original story ...)
China Stock Market Has Solid Lead For Friday’s Trade
The China stock market on Thursday wrote a finish to the five-day slide in which it had retreated more than 210 points or 6.3 percent. The Shanghai Composite index now sits just beneath the ... ( read original story ...)
What is behind China’s US$1.4 trillion stock market rout, what are officials saying and can we expect a bailout?
Mainland Chinese stocks have gone from world beaters to a wreck in a space of two months. Lofty valuations and policy risks abound. Speculation on state intervention or bailout could follow, given ... ( read original story ...)
SMM Morning Comments (Mar 12): Shanghai base metals were mostly higher following US stocks climbing to record highs overnight
Shanghai base metals were mostly higher on Thursday morning. Meanwhile, their counterparts on the LME rose across the board as ECB vows to ramp up bond buying. SHANGHAI, Mar 12 (SMM) — Shanghai base ... ( read original story ...)
Cango Inc. Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced its unaudited financial results for the fourth quarter and full year of ... ( read original story ...)