The UAE’s largest bank, First Abu Dhabi Bank (FAB) has received a financial license from the China Banking and Insurance Regulatory Commission Shanghai Office to open a branch in Shanghai. The ... ( read original story ...)
Shanghai imposes cap on rents for affordable housing as costs rise
China's financial capital, Shanghai, will cap rental increases for low-cost housing at 5per cent per year, to officially limit how fast rents can climb in one of the most expensive cities to live in ... ( read original story ...)
METALS-Shanghai zinc gains as Glencore plant maintenance plan fuels supply fears
Shanghai zinc prices jumped 4.6% on Tuesday to their highest in nearly three weeks amid global supply concerns after miner and commodity trader Glencore GLEN.L floated plans to put its zinc sulphide ... ( read original story ...)
Shanghai Hotel News Roundup: November 2021
Shanghai Tavern Launches Chess Afternoon Tea. Shanghai Tavern at The Shanghai EDITION and Baileys Irish Cream have jointly launched an interactive afternoon tea inspired by chess ... ( read original story ...)
Shanghai-Zhoushan delivered low sulfur marine gasoil spread hits all-time low
Fishing trawlers' consumption of LSMGO, especially during fishing season, constitutes a significant portion of overall demand at Zhoushan, which also help pushed bunker price above levels at the port ... ( read original story ...)
China Tourism, SenseTime test appetite for IPOs
China Tourism Group Duty Free Corp has kicked off pre-deal investor education for its Hong Kong IPO, which is expected to raise up to $5bn, according to a source familiar with the matter. The ... ( read original story ...)
Shanghai stocks end higher on prospect of further economic support
Shanghai stocks closed up on Tuesday as risk appetite got a lift on the prospect that China will lower corporate funding costs and aid small firms, while real-estate shares recouped losses after banks ... ( read original story ...)