They have good reason to do so. The best performing stocks on the main indices of Hong Kong, Shanghai and Shenzhen in 2017 were all related one way or another to technology, or at least have a business strategy that taps into the new economy. ( read original story ...)
Suning Financial Services Secures ¥5.34 Billion to Further Advance Fintech Products
Suning Financial Services Shanghai Co. announced on Tuesday it has issued new shares to raise ¥5.34 billion ($813 million) as it looks to invest further into its fintech products. The company reported around14 investors took part in the investment round ... ( read original story ...)
You Should Try These Different Ways To See Shanghai
It’s expected, when you’re in Shanghai, to perch on a terrace on the Bund gazing at the multicolored skyscrapers across the Huangpu River in Pudong. (And you should; it’s a spectacular sight.) One of the most stylish women I know in town, designer ... ( read original story ...)
Shanghai Experiments With “Sponge City” Technology
Like many world cities, Shanghai is a port city located on the edge of the ocean. It it vulnerable to flooding from the sea as well as rain from above. Following serious flooding in Beijing in 2012, the Chinese government made water resiliency a priority ... ( read original story ...)
Fairmont Peace Hotel
Fairmont Peace Hotel, situated in Shanghai, China, is a 'luxurious Art-Deco masterpiece’, brilliantly reinvented for the 21st century where old fashioned glamour sparkles with a new luster. Situated at the famous Bund promenade and the unrivaled ... ( read original story ...)
Debts lurking in China’s shadow banking system
SHANGHAI/BEIJING/HONG KONG: In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank had a special deal to ... ( read original story ...)
Shanghai cautions on products from scandal-hit Kobe Steel, tightens checks
SHANGHAI (Reuters) - Shanghai has issued a warning on the safety of metal products manufactured by scandal-hit Japanese firm Kobe Steel Ltd 5406.T and strengthened scrutiny measures, state-owned Xinhua News Agency reported, citing the city’s inspection ... ( read original story ...)