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08/05/2025

Li Yunze, director of the China Banking and Insurance Regulatory Commission, said at a press conference on May 7 that they support banks in setting up specialized technology and financial institutions.

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1 m ago

Arm Holdings reported a total revenue of $1.24 billion for the fourth quarter, slightly beating analysts' expectations of $1.23 billion. The company is expected to generate revenue between $1 billion and $1.1 billion in the first quarter, while analysts predict $1.1 billion.

2 m ago

Skyworks Solutions Inc. reported second quarter revenue of $953 million, slightly exceeding analysts' expectations of $950.3 million.

2 m ago

Sijia Information's second quarter revenue was $953 million, which was in line with analysts' expectations of $950.3 million.

4 m ago

Syria and Israel are holding indirect talks to discuss the current situation.

5 m ago

Nasdaq Golden Dragon China Index closed down 2.3% at the initial phase. Popular Chinese concept stocks Xiaomi fell 4.9%, Baidu fell 4.9%, Tencent, Bilibili, and Alibaba fell more than 3%, Xiaopeng, NetEase, and Nio fell more than 2%, while Xiaoma Zhixing and Li Xiang rose more than 2%.

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