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PERSHING SQUARE USA SHARES OPEN AT $42 IN NYSE DEBUT VS $50 IPO PRICE

2026-04-30

PERSHING SQUARE USA SHARES OPEN AT $42 IN NYSE DEBUT VS $50 IPO PRICE

Other News
2026-04-29

Cambricon reported Q1 revenue more than doubled to 2.88 billion yuan ($421 million) from 1.11 billion yuan, while net income rose to 1.01 billion yuan from 356 million yuan. Growth is driven by demand for domestic chips as self-sufficiency efforts in

Cambricon reported Q1 revenue more than doubled to 2.88 billion yuan ($421 million) from 1.11 billion yuan, while net income rose to 1.01 billion yuan from 356 million yuan. Growth is driven by demand for domestic chips as self-sufficiency efforts intensify. Cambricon is competing with Huawei Technologies Co. to replace products from Nvidia Corp. and Advanced Micro Devices Inc. amid US export curbs. Despite entity list restrictions and weaker performance versus US peers, demand remains strong, with output expected to surges and shares doubling over the past year.
2026-04-30

[RMB Central Parity Rate in the Interbank Foreign Exchange Market on April 30, 2026] USD/CNY: 6.8628, up 20 points (RMB depreciation); EUR/CNY: 8.0057, down 169 points; HKD/CNY: 0.87581, up 1.8 points; GBP/CNY: 9.2416, down 187 points; AUD/CNY: 4.

[RMB Central Parity Rate in the Interbank Foreign Exchange Market on April 30, 2026] USD/CNY: 6.8628, up 20 points (RMB depreciation); EUR/CNY: 8.0057, down 169 points; HKD/CNY: 0.87581, up 1.8 points; GBP/CNY: 9.2416, down 187 points; AUD/CNY: 4.8824, down 367 points; CAD/CNY: 5.0085, up 47 points; JPY/CNY: 4.2812, down 132 points; CNY/RUB: 10.9367, down 590 points; NZD/CNY: 4.0000, down 312 points; CNY/MYR: 0.57715, up 4.9 points; CHF/CNY: 8.6659, down 147 points; The Singapore dollar/Chinese yuan exchange rate was 5.3518, down 142 points.
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