ChiNext, a Nasdaq-like board on the Shenzhen Stock Exchange, has debuted new rules that allow companies to participate in an IPO registration system similar to how public advertisements work in the United States. Eighteen Chinese companies – all small to medium-sized tech companies – took advantage of the new rules …
Read More »Pfizer, BioNTech of Germany releases new data on Covid-19 vaccine
Early clinical trials of a Covid-19 vaccine that is among those currently in late-stage testing have shown favorable responses among participants in terms of antibody and immune cell responses. Mainz, Germany-based BioNTech and New York-based Pfizer said late Thursday afternoon that among U.S. Phase I student participants who received the …
Read More »Blue chips get all the attention. But small supplies are also increasing
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up here directly. What’s happening: The Russell 2000 index has risen 57% since its low in mid-March. The S&P 500 is a 52% rally. Some spectacular artists lead the way. …
Read More »What is an exchange fund? What is value provision? What is the level of resistance?
Tropical Storm Marco calls for hurricane warnings to be issued in Louisiana
Marco is expected to hit the Louisiana Gulf Coast on Monday. Marco will be a strong tropical storm like a hurricane when it hits Louisiana. Hurricane and storm surge warnings have been issued for part of the northern Gulf Coast. Storm surge, localized flooding and strong winds are the expected …
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