Chinese government-backed China Resources Land announced to the Hong Kong Exchange on Friday that it has teamed up with Shanghai Land and China Life Insurance to launch an RMB 15 billion ($2.7 billion ... ( read original story ...)
Tesla secures land for Shanghai factory, first outside US
Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S ... ( read original story ...)
China’s finest developers head to 2018 PropertyGuru Asia Property Awards finale
Shanghai Real Estate Chamber of Commerce; and Tian Ming – Chairman, Landsea Green Group. The supervisors from BDO China are: Tom Lin – Senior Partner; Jimmy Zhang – Executive Director, Partner; with D... ( read original story ...)
China’s regulators rush to rally market confidence, boosting shares
Friday’s announcements were largely aimed at putting a floor under the tumbling stock market. Beyond putting a floor, the moves fueled a rally. The Shanghai index .SSEC jumped 2.6 percent. Even with t... ( read original story ...)
China’s stock market is getting pummeled and history shows that is bad news for US markets
Over the past 10 years, when Shanghai stocks fell 10 percent or more in a 30-day period, the U.S. stock market was up only about 30 percent of the time, and the U.S. indexes all averaged significant d... ( read original story ...)
GLOBAL MARKETS-Asia shares erase losses as China’s market support helps Shanghai surge
China shares see-sawed but were up firmly in early afternoon trade following statements of government support for the market. The Shanghai index .SSEC, which in the morning fell to its weakest level i... ( read original story ...)
Implosion of Stock Market Double-Bubble in China Hits New Lows, Authorities Busy Elsewhere Keeping China Miracle from Unraveling
Bigger issues than propping up the stock market beckon. Today, the Shanghai Composite Index dropped another 2.9% to 2,486.42. In the bigger picture, that’s quite an accomplishment: Lowest since Novemb... ( read original story ...)