Giants of commerce have been honored by the CNBC Asia Business Leaders Awards year in and year out since the event was founded 16 years ago. This year's crop of winners lived up to the tradition. The soft-spoken chairman of an Indian conglomerate, an ... ( read original story ...)
Shanghai stocks post worst week in 3 months amid economic slowdown worries
SHANGHAI, Nov 3 (Reuters) - China's major indexes slid on ... The findings, together with other private and official business readings this week, are likely to reinforce views that the economy will slow down in the fourth quarter after racing ahead earlier ... ( read original story ...)
Anti-terrorism and fire drill held at Shanghai World Financial Center
A fire and anti-terrorism drill is held in Shanghai’s second tallest building in Pudong’s Lujiazui area on November 2, 2017 to train workers’ responses in an emergency. The drill at the Shanghai World Financial Center simulated an attempt of two ... ( read original story ...)
The Oil Company That Lost $800 Billion In Shareholder Value
Ten years later, almost to the date, PetroChina’s Shanghai-listed shares have dropped by a staggering 82 percent since the IPO, wiping out shareholder value of $800 billion, Bloomberg calculated. That’s more than the current market capitalization of ... ( read original story ...)
Shanghai stocks fall as economy, liquidity concerns resurface
Shanghai-based strategist at CIB Research. In the stock market, the impact of rising yields "is being gradually felt," he said. But a correction in China's A-shares could be seen as a bargain-hunting opportunity for some overseas investors. Foreign ... ( read original story ...)
Not until 2020 – comments by Musk on Tesla’s Shanghai factory hit suppliers’ and property stocks
Shares in Tesla suppliers and a Shanghai real estate developer plunged on Thursday, following comments by Tesla chief executive Elon Musk that the electric car maker would not open a widely anticipated factory and make cars in China until 2020. Musk said ... ( read original story ...)
Shanghai property developer Future Land eyes co-living opportunities in Hong Kong
Shanghai-based Future Land Development has set its sights on Hong Kong’s co-living spaces. The Chinese developer, which builds homes in 40 cities across the mainland, said on Wednesday it has invested around HK$500-HK$600 million this year in two ... ( read original story ...)