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Iran is discussing ending the war, not the nuclear issue.
2026-05-06
Iran is discussing ending the war, not the nuclear issue.
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2026-05-06
Sany Heavy Industry Co. is considering a Hong Kong IPO for its electric truck unit Hunan Xingbida Network Technology Co., which could raise about $500 million, according to people familiar with the matter. Deliberations are ongoing. The move follows
Sany Heavy Industry Co. is considering a Hong Kong IPO for its electric truck unit Hunan Xingbida Network Technology Co., which could raise about $500 million, according to people familiar with the matter. Deliberations are ongoing. The move follows rival Xuzhou XCMG Automobile Manufacturing Co. also exploring a similar ~$500 million listing. Sany Heavy raised about HK$13.5 billion ($1.7 billion) in a Hong Kong share sale in October, though its stock is now only about 3% above debut levels. Hong Kong IPOs have raised nearly $20 billion this year.
2026-05-06
The People's Bank of China (PBOC) announced today that it conducted 26 billion yuan of 7-day reverse repurchase operations, with both the bid and winning bids amounting to 26 billion yuan. The operating rate was 1.40%, unchanged from the previous rat
The People's Bank of China (PBOC) announced today that it conducted 26 billion yuan of 7-day reverse repurchase operations, with both the bid and winning bids amounting to 26 billion yuan. The operating rate was 1.40%, unchanged from the previous rate.
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