* Says it plans to sell its Shanghai property unit for 630 million yuan ($91.55 million) Source text in Chinese: bit.ly/2gfyFqt Further company coverage: ($1 = 6.8818 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Next In Financials ( read original story ...)
Bank of China sharply limits forex sales to companies in Shanghai: sources
SHANGHAI Bank of China, one of the country's "Big Four" state banks, has begun to sharply limit corporate customers' ability to purchase foreign currency in Shanghai, in what sources said on Friday was a bid to help stem capital outflows and ease ... ( read original story ...)
Shenzhen-HK stock link lets foreigners access China's booming tech firms
The Shenzhen stock market trades at a price to earnings multiple of 35 times while the Hang Seng small cap index trades at a third of that. Daily flows under the existing Shanghai - Hong Kong stock connect scheme has diverged in recent weeks with the Hong ... ( read original story ...)
FS gov to grow business relations with Shanghai
Free State provincial government and Shanghai have agreed to send a high level business delegation into the province in December 2016, provincial spokesperson Setjhaba Maphalle said on Thursday. He said the aim of the dialogue is to further exploit ... ( read original story ...)
Stock Connect will be ‘unaffected’ by new PBOC caps on capital outflow
that link the Hong Kong stock market with their equivalents in Shanghai and Shenzhen, according to Hong Kong Exchanges and Clearing (HKEX), or stockbrokers, according to officials. With just days before the launch of the Shenzhen-Hong Kong Stock Connect on ... ( read original story ...)
Taras Grescoe's Shanghai Grand among four finalists for $40K B.C. nonfiction prize
The book tells the story of Shanghai in the 1930s through the eyes of three polarizing ... The book is an exploration of the right-to-die movement and Canada's new physician-assisted death laws. Robert Moor is a finalist for his first book, On Trails ... ( read original story ...)
Shanghai removes sculptures after UK artist's plagiarism claim
Taylor said in an email to the Shanghai Daily that she was delighted by the "wonderful news" of the sculpture's removal, and she hoped it "had really been destroyed and not just been put somewhere else". AFP was unable to obtain comment from Shanghai ... ( read original story ...)