An overhaul of listing and trading rules has driven a 16-year-old board for start-ups on the Shenzhen Stock Exchange to an all-time high, and traders believe the listed companies’ above-average earnings growth and exposure to renewable energy will extend the record-setting run.
The ChiNext 50 Index of the board’s 50 biggest stocks and the ChiNext Composite Index both broke highs set in 2015 this week, outpacing other equity gauges of yuan-denominated stocks, which have yet to fully recoup their…
SpaceX IPO debut not only made Musk a trillionaire but turned 4,000 employees into overnight millionaires – Firstpost
The long-awaited debut of SpaceX on the Nasdaq has not only given the world its first trillionaire, with CEO Elon Musk’s wealth skyrocketing, but it has also made 4,000 former…