Category: Stock News

On Thursday, Porsche overtook its parent company Volkswagen as the most valuable automaker in Europe as its newly-listed shares soared. On Monday, the shares of the sports car manufacturer plummeted from its listing price of

On Monday’s closing bell, Twitter’s stock soared after billionaire Elon Musk proposed to proceed with his takeover of the social networking site for $54.20 per share. The blue bird app’s stock price skyrocketed by 22.00%

On Tuesday, the South Korean tech firm Naver Corporation purchased the US apparel resale platform Poshmark for $1.60 billion. This move is a strategic investment to enter the American eCommerce market. The acquisition is projected

Chinese tech giant Tencent Holdings Ltd. is reportedly changing its strategy on mergers and acquisitions (M&A) by taking an aggressive approach towards investing in overseas gaming companies, as it relies on global expansion to cope

China Petroleum & Chemical Corp. announced on Monday its plans to pull out its American Depository Shares (ADSs) from the London Stock Exchange (LSE), becoming the latest state-owned firm to cut back ADS activities amid

German sports carmaker Porsche AG had a shaky start after Volkswagen listed the company at a €75-billion ($72-billion) valuation in one of Europe’s largest initial public offerings (IPOs). Porsche AG’s stock ended its first session

Shares of Onewo Inc., China Vanke Co. Ltd.’s property services provider, had a lackluster debut in Hong Kong, as continued uncertainty in the property stock market urged investors to play it safe. Shares of the

Shares and bonds in the Chinese real estate sector slipped on Wednesday after reports that a company headed by CIFI Holdings (Group) Co. Ltd. missed a debt payment, raising concerns for default by the Shanghai-based