"Everyone is a little bit crazy but it takes eccentricity to thrive [in Shanghai]" What is the one most important piece of advice you would give to someone starting a new business here? Take advantage of Shanghai’s entrepreneurial environment. You can ... ( read original story ...)
Temasek, Yunfeng lead $75 million funding into China genomics firm
SHANGHAI Jack Ma's private equity firm Yunfeng Capital and Singapore's Temasek have led a $75 million fund-raising round into genomics company WuXi NextCODE, the firm said in a statement on Tuesday, underlining a race for medical data in China. WuXi ... ( read original story ...)
China’s new market anomaly: Stocks won’t drop more than 1%
The Shanghai Composite Index, notorious for its wild swings over the past two years, has gone 85 trading days without a loss of more than 1% on a closing basis, the longest stretch since the market’s infancy in 1992. In a Chinese stock market where ... ( read original story ...)
China leverage rising at 'alarming pace': central bank official
SHANGHAI China's level of leverage is rising at an "alarming pace", particularly in the finance sector, a senior central bank official said in a commentary, amid growing concern by the country's senior leaders over financial security. The official Xinhua ... ( read original story ...)
BRIEF-Automotive products maker KTK Group issues prospectus for Shanghai IPO
Source text in Chinese: bit.ly/2pBTGTM (Reporting by Hong Kong newsroom) Our Standards: The Thomson Reuters Trust Principles Next In Auto & Truck Manufacturers MORE FROM REUTERS ( read original story ...)
Central bank official says China leverage rising at ‘alarming pace’
SHANGHAI: China’s level of leverage is rising at an “alarming pace”, particularly in the finance sector, a senior central bank official said in a commentary, amid growing concern by the country’s senior leaders over financial security. The official ... ( read original story ...)
Shanghai Port Congestion Could Last Weeks
Forwarders and shipping lines are warning their customers that severe congestion at the Port of Shanghai, the world’s busiest container port, could last for several weeks. The congestion has been attributed to unusual weather in the Shanghai area that ... ( read original story ...)