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Dada Announces Certain Management Changes

SHANGHAI, China, Dec. 19, 2023 Dada Nexus Limited , China’s leading local on-demand delivery and retail platform, today announced that Mr. Lijun Xin will step down as the Chairman of the Board.

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Hong Kong home price seen falling by 5 per cent after 7 major lenders including HSBC, Standard Chartered set to increase mortgage rates

Hong Kong home prices are expected to fall by up to 5 per cent by the end of this year, analysts say, after seven major lenders said they will raise their mortgage rates as early as Monday. HSBC, Standard Chartered and Bank of China are among lenders who said borrowers will have to pay more for home loans.

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Trade setup for Monday: Top 15 things to know before the opening bell

Based on the OI percentage, 55 stocks were on the short-covering list. These included Balrampur Chini Mills, HDFC Bank, Tech Mahindra, Nestle India, and Coromandel International.

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