Latest Shanghai & Shenzhen Stock Market News
China’s special-purpose bonds – from the debt risks to the revenue rewards
China's local governments are increasingly using special-purpose bond revenue to boost their local economies, but debt-fuelled infrastructure spending comes at a price. Read More
Hong Kong’s financial services sector calls for restriction-free reopening
Hong Kong's financial services sector asserts that the government must remove all Covid-19 restrictions, so that the city can keep pace with other major [more]
SoftBank’s Son may talk to Samsung about ‘strategic alliance’ for Arm during Seoul visit
SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential “strategic alliance” between [more]
Byju’s said to have paid $234m to Blackstone to settle dues related to Aakash deal
India’s Byju’s has paid 19 billion rupees ($234 million) to Blackstone Inc, settling its dues owed to the private equity firm as part of a $950 [more]
General partner Gavin Lee said to be quitting Wavemaker after nearly 8 years
Wavemaker Partners’ general partner, Gavin Lee, is leaving after nearly eight years at the venture capital firm, according to sources aware of the matter. [more]
Chinese budget ice-cream, and tea franchise Mixue files for $918m Shenzhen IPO
Photo: Pixabay Chinese ice-cream and tea franchise Mixue Bingcheng Co. Ltd. has applied for an IPO on Shenzhen’s main board in which it aims [more]
U.S. chip alliance against China tests South Korea’s loyalty
SEOUL/WASHINGTON -- After years of walking a thin line between the U.S. and China, South Korea's government and chipmakers face pressure to pick a [more]
China’s Bilibili hit by record bearish bets even after shares tumble 90 per cent
The Shanghai-based live-streaming platform operator has become one of the most shorted US stocks among companies with a market value of US$2 billion or [more]
Investors dump risk assets in global market rout as fear gauge soars
A surge in the US dollar to a fresh record swept aside global currencies, causing the euro to slide to its weakest since 2002, [more]
‘The world is decoupling’: South Korea’s SK Group braces for a new era
SK Group chairman Chey Tae-won says the company has made plans for a number of scenarios as US-China rivalry intensifies, including a military clash [more]
Zombie apocalypse? Surging interest rates threaten indebted firms
A total of 462 Hong Kong-listed companies are not earning enough to pay the soaring interest on their loans. These 'zombie' companies must find [more]
Asahi Shuzo to build high-quality sake breweries in Japan, U.S.
YAMAGUCHI, Japan -- Asahi Shuzo, the brewer of the Dassai brand of sake, plans to expand its production capacity for high-quality sake in Japan [more]
To queue is human. Just ask those lining up to see Queen Elizabeth’s coffin
Post Content Read More
Shenzhen Unionlight shuts up shop in a sign of China’s economic pressure
Maker of LED packaging equipment has suffered from the impact of Covid-19 and a steep reversal of fortunes for China's housing market. Read More
Tesla-rival Fisker to sell electric SUVs in India next year, explores local production
US startup Fisker Inc will begin selling its Ocean electric sport-utility vehicle (SUV) in India next July and could begin manufacturing its cars locally within a [more]
Chinese internet firm LeTV exits Beijing HQ as founder pursues US boardroom war
Jia Yueting's boardroom battle for Faraday Future comes after his Chinese business empire has been mired in a debt crisis for several years after [more]
Blackstone to sell stake, ADIA to invest, in Indian REIT Embassy
Blackstone Inc will sell a stake worth up to $400 million in Embassy Office Parks REIT, India’s biggest real estate investment trust, via Indian stock [more]
Suzuki to double cars transported by rail in India, cutting emissions
HAMAMATSU, Japan/MUMBAI -- Suzuki Motor is building rail terminals inside two Indian assembly plants, looking to ship out more of its automobiles by train to reduce transport [more]
Wall Street tumbles as investors fret on rate hikes and recession
NEW YORK (Reuters) -- Wall Street's main indexes all tumbled to close well down on Friday as rattled investors continued to reposition themselves amid [more]
IvyCap leads $12.5m funding in Deep Rooted and India deals worth $89m
Deep Rooted, a farm-to-consumer firm, has raised $12.5 million in a funding round led by IvyCap Ventures. The financing round also saw participation from [more]
Indonesian culinary startup Mangkokku’s SG entity raises $2m from CEO’s firm
Co-Founder Mangkokku Indonesia, Chef Arnold, Randy J Kartadinata, Kaesang Pangarep (Photo courtesy of Mangkokku) The Singapore-based entity of Indonesian culinary startup Mangkokku has raised [more]
Renewable transition could be Europe’s silver lining amid energy crisis
Solar panels are seen above an apple tree plantation in Gelsdorf, Germany, on August 30. Long periods of sunshine took solar power generation in [more]
China Digest: Alibaba pledges $1b to support cloud services customers; Lithium battery maker Jiemeng bags $42m
Chinese e-commerce giant Alibaba’s cloud computing division has announced it will invest $1 billion. Separately, Jiemeng Intelligence, a lithium-ion battery coating machine maker, has snapped [more]
The new front in China’s food security war: soybeans in animal feed
Post Content Read More