Mercurity Fintech Holding Inc. Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

SHENZHEN, China, June 24, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Mercurity Fintech Holding Inc. (the “Company” or “MFH”) (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced that it received written notice from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that the Company has regained compliance with the […]

Golden Sun Education Group Limited Announces Closing of US$20,240,000 Initial Public Offering and Full Exercise of Underwriter’s Over-Allotment Option

Shanghai, China, June 24, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Golden Sun Education Group Limited (the “Company” or “Golden Sun”) (Nasdaq: GSUN), a provider of tutorial services in China, today announced the closing of its initial public offering (the “Offering”) of 5,060,000 Class A ordinary shares at a public offering price of US$4.00 per Class […]

Fed’s Powell says commitment to curbing inflation is ‘unconditional’

WASHINGTON (REUTERS) – The Federal Reserve’s commitment to reining in 40-year-high inflation is “unconditional” but also comes with the risk of higher unemployment, United States central bank chief Jerome Powell said on Thursday (June 23). “It’s unconditional,” Powell told the US House of Representatives Financial Services Committee when asked about the Fed’s commitment to fight […]

China tech giants lost their swagger and may never get it back

HONG KONG (BLOOMBERG) – On trading floors in New York and Hong Kong, the brightening mood toward Chinese technology companies is unmistakable: With stocks like Alibaba Group Holding and Tencent Holdings surging from multi-year lows, talk of a new bull market is growing louder. Yet speak to executives, entrepreneurs and venture capital investors intimately involved […]

UN chief voices concern about Lithuania-Russia tension

Freight cars stand on the railroad tracks of the freight station in Kaliningrad, Russia on June 21, 2022. (PHOTO / AP) UNITED NATIONS/MOSCOW – UN Secretary-General Antonio Guterres on Tuesday expressed grave concern about the current tension between Lithuania and Russia over Kaliningrad, said his spokesman. "We are, obviously, following these developments very closely in […]

FangDD Regains Compliance with Nasdaq Minimum Bid Price Requirement

SHENZHEN, China, June 23, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Fangdd Network Group Ltd. (“FangDD” or the “Company”) (Nasdaq: DUO) today announced that the Company had received a notification letter (“Compliance Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), dated June 22, 2022, indicating that the Company has regained compliance with the minimum bid price […]

Why the Fed is risking a recession

NEW YORK (NYTIMES) – Recession fears are ramping up as the US Federal Reserve embarks upon an aggressive campaign to raise interest rates, and politicians and members of the public are increasingly questioning why central bankers are planning to cause the economy pain. The short answer is: This is the tool the Fed has to […]

US Fed chief Powell warns US recession ‘certainly a possibility’

WASHINGTON (BLOOMBERG) – Federal Reserve chair Jerome Powell gave his most explicit acknowledgement to date that steep interest rate hikes could tip the United States economy into recession, saying one is possible and calling a soft landing “very challenging”, “The other risk, though, is that we would not manage to restore price stability and that […]

Golden Sun Education Group Limited Announces Pricing of US$17,600,000 Initial Public Offering

Shanghai, China, June 21, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Golden Sun Education Group Limited (the “Company” or “Golden Sun”), a provider of tutorial services in China, today announced the pricing of its initial public offering (the “Offering”) of 4,400,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary […]

MOKWHEEL Unveils Basalt, An Epic Power Backup Ebike with the Most Innovative Features

New York City, NY, June 21, 2022 (SEAPRWire) – This month, Mokwheel has announced its highly anticipated Basalt Ebike line. The new electric bicycle line will be available in a step-over and step-through model, which are compatible with power inverters and batteries for the electric bike to use. The Basalt Ebike, in its entirety, holds […]

Genetron Health to Participate in the Goldman Sachs Healthcare Corporate Day

BEIJING, June 16, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Genetron Holdings Limited (“Genetron Health” or the “Company”, Nasdaq: GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, early cancer screening products and companion diagnostics development, today announced that management will be participating in the virtual Goldman Sachs Healthcare […]

Genetron Health to Participate in the Goldman Sachs Healthcare Corporate Day

BEIJING, June 16, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Genetron Holdings Limited (“Genetron Health” or the “Company”, Nasdaq: GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, early cancer screening products and companion diagnostics development, today announced that management will be participating in the virtual Goldman Sachs Healthcare […]