The one-year loan prime rate was set at 3.8 per cent, the first reduction since April 2020. . Read more at straitstimes.com. ( read original story ...)
China Boosts Property Support With M&A Funding, Bank Rate Cut
China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown. Authorities are encouraging banks to fund acquisitions of ... ( read original story ...)
Shandong Taishan defeat Shanghai Port to close in on first Chinese Super League title in 11 years
Shandong Taishan’s 2-0 win over championship rivals Shanghai Port puts the team in a solid position for their first Chinese Super League title in more than a decade. ( read original story ...)
China to release rare earths mining rights in an ‘orderly’ way – Shanghai Securities News
China should release its exploration and mining rights for rare earths appropriately and in an orderly manner, according to an official from the industry ministry cited by the Shanghai Securities News ... ( read original story ...)
CSSC celebrates new Shanghai headquarters with $1.88bn worth of newbuilding deals
China State Shipbuilding Corp (CSSC) has marked the re-location of its headquarter from Beijing to Shanghai with a string of newbuildings and equipment contracts worth CNY 120bn ($1.88bn). The ... ( read original story ...)
Shanghai plans to lead in hydrogen
Shanghai is aiming to lead the development of the country's hydrogen industry with more refueling stations and fuel cell electric vehicles in the next three years, said officials and industrial ... ( read original story ...)
Soccer – Shandong down Shanghai to close on Chinese Super League title
Shandong Taishan took a huge stride towards a first Chinese Super League title in more than a decade as a 2-0 win over championship rivals Shanghai Port on Sunday gave Hao Wei's side an eight-point ... ( read original story ...)