recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $3 million from his bank, China CITIC, had vanished from a warehouse on the outskirts of the city. Just several months earlier, in mid-2013, Wang and the ... ( read original story ...)
China struggling to end world-leading cigarette habit: study
Such numbers have prompted efforts to restrict the formerly ubiquitous practice. Major cities including Beijing and Shanghai having recently moved to ban public smoking, with Shanghai's prohibition going into effect in March. In 2015, the central ... ( read original story ...)
TOCOM dives to 6-week low, led by Shanghai plunge
TOKYO, May 31 (Reuters) - Benchmark Tokyo rubber futures hit 6-week lows on Wednesday, pressured by a nearly eight percent plunge in Shanghai futures to the lowest since November 2015, amid oversupply concerns. The Tokyo Commodity Exchange (TOCOM) rubber ... ( read original story ...)
China’s Zhong An aims to raise at least $1 billion in Hong Kong IPO – sources
The Shanghai-based insurer chose Credit Suisse, JPMorgan and UBS in October to lead the IPO, but later suspended the plan to explore a mainland listing. The following February, Reuters reported that the mainland securities regulator was considering ... ( read original story ...)
Two similar IPOs in China and Hong Kong, but with diverse fates
On their debut trading day, Ribo Fashion shot up a staggering 44 per cent on the Shanghai Exchange, while rival Speed Apparel tumbled below its listing price in Hong Kong. The opposing fates of the two similar companies and IPOs stemmed from what analysts ... ( read original story ...)
China’s Zhong An aims to raise at least $1 bln in Hong Kong IPO -sources
The Shanghai-based insurer chose Credit Suisse, JPMorgan and UBS in October to lead the IPO, but later suspended the plan to explore a mainland listing. The following February, Reuters reported that the mainland securities regulator was considering ... ( read original story ...)
12 new and upcoming hotels in Shanghai
The Intercontinental Shanghai NECC is located in Section D of the National ... While it is located about five minutes from the NECC, the hotel markets itself as more of a mixed business and leisure (or “bleisure”, to some) hotel than an entirely ... ( read original story ...)