Estimated read time 4 min read

Evergrande’s stock experiences another sharp decline, while the company’s chairman is placed under police scrutiny, further exacerbating the risk of liquidation

Hui Ka Yan, the founder and chairman of China Evergrande Group, has reportedly been placed under police surveillance, casting further uncertainty on the troubled company’s [more…]

Estimated read time 2 min read

SEC investigation gathers trove of messages from Wall Street’s private messaging apps

The SEC is said to be examining a vast number of private messages obtained from messaging platforms like WhatsApp and Signal as part of its [more…]

Estimated read time 2 min read

Despite China’s enormous population of 1.4 billion people, there are still numerous vacant homes that remain unfilled

China’s real estate market is grappling with significant challenges, including a surplus of vacant properties and regulatory changes. A former official recently remarked that even [more…]

Estimated read time 3 min read

Instacart set the price for its IPO at $30 per share, which fell at the upper limit of the anticipated range of $28 to $30

On Monday, Instacart, the grocery-delivery company that experienced significant growth during the pandemic, finally announced the pricing of its long-anticipated initial public offering (IPO) at [more…]

Estimated read time 1 min read

4Paradigm, a Chinese artificial intelligence startup, spearheads a surge in Hong Kong’s IPO market

Three Chinese companies, led by the AI software firm Beijing Fourth Paradigm, have initiated Hong Kong’s initial public offerings (IPOs) on Monday, with the objective [more…]