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Home > Latest

Lates News

date
01/05/2025
Fitch: Strong operating performance of US property and casualty insurers drives improvement in leverage and debt-servicing ability.
Latest
6 m ago
Venezuelan President Maduro: will raise the minimum monthly wage from $130 to $160.
7 m ago
U.S. SEC: Texas "Bond Trading" Ponzi Scheme Raised $91 Million
9 m ago
Wu announced the details of the US-Ukraine mining agreement.
11 m ago
Chinese internet insurance brokerage platform Yuanbao was listed in the United States and closed up 6.4% on its first day of trading.
11 m ago
Chinese internet insurance brokerage platform Yuanbao Limited Company made its debut on the New York market, with its American Depositary Shares (ADS) soaring 93% above its initial public offering (IPO) price. Yuanbao, headquartered in Beijing, saw its ADS rise to $28.99 on Wednesday before narrowing its gains. The stock was briefly halted twice due to price fluctuations shortly after opening. Yuanbao closed at $15.96, a 6.4% increase from its IPO price. Yuanbao raised $30 million in its IPO at a price of $15, which was at the upper end of the recommended range. Despite concerns about a slowing economy and sticky inflation in the US stock market, Yuanbao managed to have a successful listing.
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