Stock Market

Why Chinese IPOs skyrocketed in first half as global markets declined?

Chinese financial markets are decoupling from the U.S. So far this year, semiconductor-related companies have raised more than $6.6 billion on the STAR Market.

JD extends partnership with Tencent after issuing shares $220 million worth of shares

Aron Chen · June 30, 2022, China’s second largest e-commerce company, has extended its partnership with Tencent Holdings for three more years, enabling both companies maintain competitive advantages in the respective fields.

EV maker NIO refutes short-seller Grizzly Research, calling their allegations has no merit

Zijing Fu · June 30, 2022

JP Morgan has released a note saying the company "remains positive on NIO," and projects Nio to deliver approximately 70-80% QoQ sales growth in Q3 2022 and another ~30% in Q4 2022″.

Tencent to explore metaverse with extended reality unit

Aron Chen · June 29, 2022

Tencent Holdings, which runs the world's largest video gaming business by revenue and China's largest messaging app WeChat, has formed an extended reality (XR) unit to explore software and hardware products for future metaverse solutions

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