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26/09/2023

China Reform Holdings was set up in 2021 and tasked with deepening SOE reforms. It managed nearly 860 billion yuan of assets at the end of 2022, according to the company's website

25/09/2023

China's state-owned enterprises (SOEs) have been ramping up investment in emerging and strategic industries such as artificial intelligence, new energy, new materials and biotech as part of Beijing's SOE reforms

24/09/2023

The fund has already received investment intentions from more than 20 central government-owned enterprises as well as local governments and private investors, and will start operating by the end of this year, the newspaper said.

24/09/2023

China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China Business News reported on Sunday.

23/09/2023

S&P Global said its flash U.S. Composite PMI index, which tracks the manufacturing and service sectors, dipped to a reading of 50.1 in September from a final reading for August of 50.2. September's result was barely above the 50 level that separates expansion and contraction.

23/09/2023

The U.S. dollar advanced against a basket of currencies on Friday as the latest batch of data on business activity from around the globe highlighted the superior position of the United States relative to other major economies.

22/09/2023

U.S. Treasury yields retreated, after surging to multi-year highs on Thursday, aiding a 0.5%-1.2% rebound in growth stocks, including Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA) and Tesla (NASDAQ:TSLA) in premarket trading.

22/09/2023

Wall Street index futures inched up on Friday after concerns over interest rates battered stocks in the prior session, while investors awaited data and comments from policymakers to assess the Federal Reserve's next steps.

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