The size of the text NIO EP9 Autonomous Electric Vehicle. Linta Zhang / Getty Images On Wednesday, the House of Representatives unanimously passed a bill that would set the stage for listing Chinese companies on U.S. exchanges, including electric vehicle manufacturers. Expang, And Li Auto Toe. NIO (Ticker: NIO) Other …
Read More »Wall Street futures rise slightly as Wall Street excitement awaits news about vaccines
US stock futures rose slightly on Wednesday evening as investors awaited news of stimulus talks and the vaccine approval process. The futures contract linked to the Dow Jones Industrial Average rose 30 points, or 0.1%. The S&P 500 and tech-heavy Nasdaq 100 gained 0.2% and 0.1%, respectively. The move comes …
Read More »Wants a valuation of up to 35 35 billion
According to a new filing submitted to the SEC on Tuesday, RBNB plans to valuate its IPO at to 3 billion to $ 20 billion per share. The company wants to raise about $ 3 billion in an IPO. Existing investors want to sell millions of dollars worth of stock …
Read More »Singapore and Hong Kong pushed back the travel bubble, this time out of 2020
Closed departure hall at Hong Kong International Airport Terminal. Miguel Candela | Sopa Images | Light Rocket by Getty Images SINGAPORE – Singapore and Hong Kong have again delayed the start of their bilateral “travel bubble” – officials from both cities said on Tuesday, postponing the plan to 2020. The …
Read More »Investment in Chinese stocks amid geopolitical tensions
A U.S. Adjusts the Chinese flag near the flag. Ng Han Guan | AFP | Getty Images SINGAPORE – Investors need to allocate more of their portfolios to China, as “geopolitical diversification” is becoming a more critical consideration in the coming years, according to an investment strategist. Paul Colwell, head …
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