The ride towers above an amusement park built by Dalian Wanda, a Chinese property-and-entertainment conglomerate, which has aspired to outdo Disney's resort in Shanghai. But this month, the group said it was selling 13 such projects and 77 hotels to rival ... ( read original story ...)
Traders shift attention to Chinese brokerages as crackdown continues on financial industry
Chinese stock traders have turned their attentions to brokerages ... as the securities regulator intensified its clampdown on excessive speculation after the 2015 market crash. The Shanghai Composite has seesawed within a 700-point range so far this ... ( read original story ...)
China’s Newest Stock Connect Sees Foreigners Beating the Index
"The buying was a little bit irrational -- they are good stocks, but investors may have priced in too much earnings upside," said Zhang Gang, a Central China Securities Holdings strategist based in Shanghai ... they have become stock-market darlings ... ( read original story ...)
China sees growth in financial talent
While the majority of charter holders in China are concentrated in metropolises like Shanghai and Beijing, the landscape is quickly changing, with tier-two cities, including Hangzhou and Chengdu, seeing "exponential growth" in terms of financial talent ... ( read original story ...)
Shanghai land sale sets stage for new homes
Two parcels of land in Shanghai allocated for the city's residential leasing scheme were sold to two State-owned companies today. The land is expected to provide space for at least 1,897 residential rental units, signaling the city's first step in its ... ( read original story ...)
Flat Lead Called For China Stock Market
(RTTNews.com) - The China stock market moved higher again on Monday, one session after it had snapped the three-day winning streak in which it had gathered almost 70 points or 2.2 percent. The Shanghai Composite Index now rests just above the 3,250-point ... ( read original story ...)
China blue chips near 18-month highs, financial and consumer firms lend support
SHANGHAI, July 24 (Reuters ... up 0.1 percentage point from its April forecast. Financial and consumer shares led the gains, after second-quarter reports by mutual funds showed institutional investors continued to accumulate blue chips with stable ... ( read original story ...)