China Property Bonds Seen Facing Highest Default Risk in ‘18

“The property sector faces huge bond repayment pressure in 2018,” said Qin Han, chief bond analyst at Guotai Junan Securities Co. in Shanghai. “That combined with restrictive refinancing channels could lead to tight liquidity at those firms and hence ... ( read original story ...)

Shanghai-London Stock Connect scheme to roll out this year

The delay in the launch was due to some technical problems such as time-zone difference and market maker arrangement, an insider close to London Stock Exchange told yicai.com. With eight-hour time difference, when London Stock Exchange opens, Shanghai ... ( read original story ...)

Old Shanghai neighbourhood shivers in winter

In Laoximen, not far from Shanghai's swanky riverfront Bund, locals and migrant workers bundle up in thick coats inside houses built decades ago. To save energy, the Chinese government decided in the 1950s that areas of the country south of the Qinling ... ( read original story ...)

Fairfield by Marriott Shanghai Jing’an Hotel Opens in China

Marriott International Inc. announced the opening of Fairfield by Marriott Shanghai Jing’an. Owned and managed by New Development Group Co, Ltd., the hotel is located in the Jing’an District of Shanghai, close to the commercial and business hub of the ... ( read original story ...)

Shanghai Port Sets World Box Volume Record

Container throughput at China’s Port of Shanghai surpassed 40 million TEUs in 2017, the country’s news agency Xinhua reported. With this number, the port is believed to have broken an existing annual world record. The Port of Shanghai has been the ... ( read original story ...)