The plan by the largest shareholder in (CNLP, B-/Stable) to sell its entire stake will not have any immediate rating impact on the warehouse developer, Fitch Ratings says. CNLP’s largest shareholder, ... ( read original story ...)
FinVolution Group Forms Strategic Cooperation with Yillion Bank and Ocean Engine on Digitalization in Financial Services
FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that it has entered into strategic cooperation agreements with Ocean Engine, and ... ( read original story ...)
Shanghai plans data exchange to help boost efficiency in manufacturing
China's business hub Shanghai city is planning to set up a data exchange to help boost efficiency in the manufacturing industry as the city seeks to promote the digitalisation of supply chains, vice ... ( read original story ...)
Evergrande liquidity crisis: why the property developer faces mounting default risk
Investors are confronting the growing possibility that Evergrande will default, a debacle that could cascade across global markets and has exposed the perilous state of China’s vast property sector. ( read original story ...)
Kunshan Guoli Electronic Technology’s IPO to debut on SSE STAR Market
Kunshan Guoli Electronic Technology (688103) to start trading on the Shanghai Stock Exchange's STAR Market Sep 10, tomorrow. The firm has issued 23.89 mln shares priced at RMB 12.04 per share raising ... ( read original story ...)
China’s office market ranks at global top for some cities
The office market in China's top-tier cities has reached the highest ranks worldwide, while a long-tail effect has been occurring in cities at the early development stage, a report from international ... ( read original story ...)
Chip Wars: Here’s how China’s SMIC plans to challenge Taiwan’s TSMC
SMIC is the best hope for China for gaining clout in advanced chips used in devices from smartphones to base stations. ( read original story ...)