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 ...)
Canadian winery owners arrested, put on trial in China for customs valuation dispute
Amy Chang is in Ottawa this week pleading with federal politicians for help in getting her parents released from custody in Shanghai, where the two were arrested in March 2016 while visiting their business suppliers and agents. John Chang and Lan-Fed ... ( read original story ...)
Shanghai tightens grip of online lenders as scams increase
The Shanghai government has ordered online lending platforms to deposit their money with local banks within six months after they are registered with the local financial authorities, as China strives to root out risks stemming from the burgeoning sector. ( read original story ...)
RPT-SPECIAL REPORT-‘Ghost collateral’ haunts loans across China’s banking system
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 ...)
Winery owners’ arrest a warning for Canadians doing business in China: Daughter
Amy Chang is in Ottawa this week pleading with federal politicians for help in getting her parents released from custody in Shanghai, where the two were arrested in March 2016 while visiting their business suppliers and agents. John Chang and Lan-Fed ... ( read original story ...)
Shanghai SIPG, Urawa into Asian quarters
Shanghai SIPG and Urawa Red Diamonds advanced to the quarter-finals of the Asian Champions League on Wednesday. In a match which ended with a pitch confrontation between players at the end of extra time, Urawa, the 2007 ACL champions, beat South Korea's ... ( read original story ...)
Vertical farms grow amid skyscrapers in a plan to help feed China’s largest city
Construction of the Shanghai project is expected to start in late 2017 as part of a new development — the Sunqiao Urban Agricultural District. The district will also feature markets, a culinary academy, interactive greenhouses and an education centre for ... ( read original story ...)