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According to the National Bureau of Statistics, the price of new commercial residential buildings in Shenzhen rose 0.4% month-on-month in May (up 0.1% in the previous month) and fell 4.5% year-on-year (down 5.3% in the previous month).

2026-06-16

According to the National Bureau of Statistics, the price of new commercial residential buildings in Shenzhen rose 0.4% month-on-month in May (up 0.1% in the previous month) and fell 4.5% year-on-year (down 5.3% in the previous month).

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2026-06-16

Xiaohongshu has hired investment banks including Goldman Sachs and China International Capital Co to advise on a potential Hong Kong IPO, though target proceeds and IPO valuation are unclear. Two people said private secondary trades at the end of las

Xiaohongshu has hired investment banks including Goldman Sachs and China International Capital Co to advise on a potential Hong Kong IPO, though target proceeds and IPO valuation are unclear. Two people said private secondary trades at the end of last year Xiaohongshu was valued at about $50 billion. Bloomberg reported the company is preparing to confidentially file a Hong Kong listing application by end-June. Monthly active users have exceeded 400 million since 2025, and sources said 2026 profit could reach roughly $3 billion.
2026-06-16

SpaceX (SPCX.O) continued to rise, with intraday gains widening to 15%.

SpaceX (SPCX.O) continued to rise, with intraday gains widening to 15%.
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