China’s consumer prices grew slower than expected in June, while wholesale inflation accelerated, as elevated energy costs continued to sap domestic demand.
Consumer prices rose 1% in June from a year ago, missing economists’ estimates of 1.1% growth in a Reuters poll, and
Nagi Hamiyeh, president of Temasek Global Investments, said crypto investment is “still off the table” for the company as it strives to move past a substantial loss in crypto exchange FTX.
“We don’t have directly any, any investment in crypto,” Hamiyeh told CNBC’s Sri Jegarajah
Shares of Luxshare Precision Industry fell more than 5% in their Hong Kong trading debut Thursday, after the Apple supplier's multi-billion-dollar initial public offering — the largest this year in Hong Kong.
The company, which is already listed in Shenzhen, had priced shares in