Organizers have begun soliciting global design schemes for a new 480-meter-tall building planned on the North Bund in Shanghai. According to the announcement on Friday, nine candidates will be ... ( read original story ...)
Why China Could Be Serious About a Property Tax Now
Private home ownership in China only began in 1998, yet prices have skyrocketed so much that a place to call their own is becoming increasing unaffordable for many people. The government has tried for ... ( read original story ...)
Milk-Tea Couple Drops Out Of Billionaire Ranks Just Two Months After IPO
Peng Xin and Zhao Lin, the married couple behind Chinese bubble tea chain Nayuki, took their company public in Hong Kong in June amid much fanfare. ( read original story ...)
China-US drugmaker JOINN Biologics raises $150m in Series B led by CPE
The Series B round followed the completion of the firm's Series A round at $60 million in the second half of 2019. ( read original story ...)
China Telecom sets price for record Shanghai IPO
The telecommunications company set the price for its Shanghai IPO at Rmb4.53, after a two day preliminary price consultation process with institutional investors, the company said on Friday morning. ( read original story ...)
China Telecom, Exiled From U.S., Prices $7 Billion-Plus Shanghai Offering
The stock offering by China Telecom would be the world’s biggest new listing in more than a year, Dealogic data shows—highlighting the huge sums that Chinese corporate champions can access by tapping ... ( read original story ...)
Cargo Ship Crashes Into Bank of Shanghai’s Huangpu River
In scenes reminiscent of the recent Suez Canal debacle, a cargo ship crashed into the bank of the Huangpu river on Thursday, reports Shine. The ship, sailing from Zhangzhou in southeastern Fujian ... ( read original story ...)