Didi was initially listed on the New York Stock Exchange but then it was compelled to delist due to regulatory issues in China.
Chinese ride-hailing giant, Didi Global Inc (NYSE: DIDI) is reportedly making strategic moves in preparation for...
This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the...
Evergrande has seen an impressive spike in shares even though both the HSI and the property sector in China are still struggling.
Chinese property developer Evergrande saw its shares jump 82% on Wednesday, outperforming other publicly listed companies on...
Market observers had also anticipated an adjustment in the five-year loan prime rate, influencing the country’s mortgage landscape.
Amidst mounting economic concerns, the People’s Bank of China (PBOC) recently implemented changes to its lending rates, signaling its response to...
The global rice market is experiencing a significant upheaval as prices soar to their highest levels in nearly 12 years.
The global rice market is currently on the brink of further strain as China, the world’s largest rice producer,...
As Evergrande grapples with its financial challenges, the company has been actively pursuing an offshore debt restructuring plan.
Evergrande Group, China’s largest indebted property developer, has finally unveiled its long-awaited earnings report, disclosing a staggering $81 billion combined loss...
Berkshire Hathaway purchased 225 million of the EV maker’s shares for $230 million in 2008.
American multinational conglomerate Berkshire Hathaway (NYSE: BRK.B) sold 2.52 million shares of Chinese EV maker BYD listed in Hong Kong on the 19th...
