BMW and Alibaba officially opened their new, jointly-owned 'innovation' centre in Shanghai as the German automaker looks to step up its digitalisation strategy in China with the collaboration of tech ... ( read original story ...)
UCCA Edge: Shanghai outpost of Beijing museum opens to China’s ‘most engaged and active’ contemporary art audience
Beijing’s UCCA Center for Contemporary Art is launching its Shanghai branch UCCA Edge on 22 May with a show looking back at the formative events around the 2000 Shanghai Biennale. Titled City on the ... ( read original story ...)
Total Market Cap of China’s Stock Market Jumped by 33% YoY to $12.4T, the Highest Value in Country’s History
According to data presented by TradingPlatforms.com, the combined market cap of China’s stock market jumped by 33% year-over-year to 79.7 trillion yuan or $12.4trn in 2020, the highest value in the ... ( read original story ...)
Financial, consumer firms drag China shares lower; Shanghai Composite down 0.6% at close
At the close, the Shanghai Composite index was down 0.58 per cent at 3,486.56. The index fell 0.11 per cent for the week. The blue-chip CSI300 index was down 1.01 per cent, but delivered a weekly gain ... ( read original story ...)
Financial, consumer firms drag China shares lower
China's main share indexes ended lower on Friday, dragged down by financials and consumer staples, though the commodities sector rebounded from previous session's slump as investors processed ... ( read original story ...)
Genesis, Warburg-backed Chinese edtech firm Zhangmen files for US IPO
China’s Zhangmen Education, which is backed by Genesis Capital and Warburg Pincus, has filed for an initial public offering (IPO) to list on the New York Stock Exchange (NYSE) as Beijing tightens ... ( read original story ...)
China’s JD Logistics set to raise $3.2 billion in Hong Kong IPO
JD Logistics will issue 609.2 million shares at 40.36 Hong Kong dollars each for its Hong Kong IPO, a person with knowledge of the matter told CNBC. ( read original story ...)