Industrial And Commercial Bank Of China

99 Wuxian, (ASX:NNW) ("99 Wuxian" or "the Company") the market-leading Chinese mobile commerce company, is pleased to provide a business update for the month of June 2015.

Leading Chinese m-commerce company, 99 Wuxian Ltd (ASX:NNW) provides business update.

Australian media mogul Kerry Stokes' Seven Group Holdings (ASX:SVW) confirmed it has applied for shares in Agricultural Bank of China's (AgBank) massive initial public offering (IPO) and expects a decision shortly. The maximum value applied for is US$250 million.

Wall Street Thursday closed with little change after the market trimmed its early gains. US stocks rose for most of the session, but in the afternoon the market declined as falls in crude oil future hit the energy shares. Higher metal price could help the Asian markets Friday to offset some negative sentiment that cut gains on Wall Street. Asian bourses ended mixed Thursday while fiscal concerns in euro zone persist. Hong Kong and Shanghai markets lost more than 1 per cent each. However, Japan's Nikkei 225 Average added 0.1 per cent, South Korea's Kospi rose 0.4% and Taiwan's Taiex finished 0.2% higher.

Asian markets are expected to rise today as Wall Street rallied overnight on improved data of manufacturing employment in the US and a takeover of American International Group's Asian arm by British insurer Prudential. Resources shares in Asia were up on Monday as the massive earthquake in Chile raised concerns on copper supplies. Asian markets closed mostly higher yesterday. Japan's Nikkei rose 0.5 per cent, lifted by a rise in non-ferrous metal shares. Hong Kong's Hang Seng Index gained 2.2 per cent and China's Shanghai Composite added 1.2 per cent on expectations Beijing may retain an appropriately loose monetary policy at the upcoming meeting of the National People's Congress.

U.S. stocks closed slightly lower on Tuesday, giving up early gains boosted by consumer confidence data and strong earnings from Apple. Investors remained cautious as there were continued concerns over bank regulation plans.

Asian markets Friday opened mixed. Japan's Nikkei traded lower in the morning, but the Japanese financial stocks surged after the rise on Wall Street overnight. Hong Kong opened flat as investors were cautious ahead of the earnings reports.

Most Asian markets opened firmer Thursday following Wall Street's rebound overnight lifted by better-than-expected economic figures.

All major indices in Asia opened significantly higher as the US government's plan on bad debts fires up investors' sentiment. Some markets rose 3% or more on Monday and extended their strong rising streak today with financial stocks react the most.

Most Asian markets ended lower Thursday, giving up gains from the previous session. Japan's Nikkei 225 finished down 2.4% as exporters were hit by the stronger yen. Other major indexes including China's Shanghai Composite, Hong Kong's Hang Seng Index and South Korea's Kospi ended with rather small changes as investors were not confident to the economic outlook and waiting for a clear picture.