China’s benchmark Shanghai Composite Index lost 1.83% on Wednesday, while the Shenzhen Component Index fell 1.64%. Shanghai’s tech-heavy STAR 50 Index lost 0.61% for the day, ... ( read original story ...)
Evergrande to sell $1.55 billion bank stake to state company
Chinese real estate giant Evergrande on Wednesday announced it would sell a 19.93 percent stake in commercial Shengjing Bank to a state-owned conglomerate for 9.99 billion yuan ($1.55 billion). After ... ( read original story ...)
Shanghai builds basic framework for global innovation center
Shanghai's efforts to build itself into a science and technology innovation center with global influence have contributed to achievements with preset goals during the 13th Five-Year Plan achieved, ... ( read original story ...)
Shanghai launches its first China-Europe freight train
China economic hub of Shanghai launched a freight-train service to Hamburg Germany on Tuesday marking the first cross-border r ... ( read original story ...)
Shanghai, Hong Kong stocks fall on overnight Wall Street losses, China power crunch
Shanghai and Hong Kong shares dropped on Wednesday, tracking overnight Wall Street losses and hit by China's worsening power crunch, as investors exited Chinese stocks vulnerable to factory shutdowns ... ( read original story ...)
Shanghai stainless steel extends losses as power curbs hit demand
Chinese stainless steel futures dropped more than 3% on Wednesday, declining for a fourth straight session, as demand for the metal was dampened by slowing manufacturing activities amid a power crunch ... ( read original story ...)
The initial rise and fall of metal trading shows that Shanghai and tin are up more than 1%. Black is more than floating red [SMM Review]
SMM September 29th: the dollar showed a strong trend in early trading today. Powell said yesterday that economic growth "continues to strengthen", but the rise in inflation is likely to last longer ... ( read original story ...)