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CHINESE MARKET

FPIs withdraw Rs 85,790 crore from Indian equities in October on attractive Chinese market valuations

FPIs withdraw Rs 85,790 crore from Indian equities in October on attractive Chinese market valuations

Sun, Oct 27, 2024

Foreign investors have continued selling in the Indian market, pulling out a massive Rs 85,790 crore (around USD 10.2 billion) from equities this month due to Chinese stimulus measures, attractive stock valuations, and the elevated pricing of domestic equities.

Chinese AI company SenseTime delays IPO after US blacklist

Chinese AI company SenseTime delays IPO after US blacklist

Mon, Dec 13, 2021

The Chinese artificial intelligence startup announced Monday that it would delay its widely anticipated initial public offering in Hong Kong, where it had planned to raise up to $767 million. It was set to start trading as soon as this week.

China's Sensetime to withdraw $767 million Hong Kong IPO: Sources

China's Sensetime to withdraw $767 million Hong Kong IPO: Sources

Mon, Dec 13, 2021

Chinese artificial intelligence start-up SenseTime Group will withdraw its $767 million Hong Kong initial public offering (IPO) on Monday and update its prospectus after being placed on a U.S. investment blacklist, two sources told Reuters.

TRENDING NOW

Volkswagen brand car sales hit record 6.23 million in 2017

Mon, Jan 15, 2018

Deliveries rose 4.2% in 2017 to 6.23 million Volkswagen (VW) brand cars, the automaker said on Sunday at the Detroit auto show, helped by an expanding line-up of sport-utility vehicles including the all-new Atlas and Teramont models.

Gold, silver log out of 2016 on muted note, post annual gains

Gold, silver log out of 2016 on muted note, post annual gains

Sat, Dec 31, 2016

Halting its four-day upmove, gold on Saturday plunged Rs 200 to Rs 28,300 per 10 grams on the last trading day of 2016, in keeping with a subdued trend overseas amid fall in demand from jewellers.

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