Tuhu plans to use the money raised from the IPO to help automate its distribution centers through the use of robots. ( read original story ...)
Ceremony for the 2021 Employer Branding Creativity Awards Just Took Place in Shanghai
Employer Branding Creativity Awards received over a six-month period with 1,482 creative entries from 549 domestic firms and foreign companies operating in China, including Mercedes-Benz, NIO, ... ( read original story ...)
Chinese state-owned property firms step in to rescue cash-strapped developers
The logo of property developer Shimao Group is seen on the facade of Shimao Tower in Shanghai, China January 13, 2022. REUTERS/Aly Song ... ( read original story ...)
Wells Fargo Said to Eye Sale of $1 Billion Hong Kong Bank Stake
It’s also unloaded a commercial real estate firm and a retirement plan services unit in recent years. Shanghai Commercial Bank is part of a small remaining group of closely held local lenders in Hong ... ( read original story ...)
Asian Share witnesses loss; S.Korean and China’s Shanghai Composite index plunges 2.6 percent
Asian share markets today witnessed big losses. China’s Shanghai Composite index and South Korea’s KOSPI, both plunged 2.6 percent. Hong Kong’s Hang Seng tumbled 1.8 percent, Japan’s NIKKEI-225 fell 1 ... ( read original story ...)
China’s Shimao to Sell USD12.2 Billion in Property Assets to Cut Debts
Chinese real estate developer Shimao Group Holdings intends to sell 36 projects, including a 700-meter-high skyscraper in Shenzhen, in total worth more than CNY77.1 billion (USD12.2 billion) to reduce ... ( read original story ...)
STAR Market Daily: STAR 50 falls 2.35%, RMB 42 bln traded
Shanghai Stock Exchange STAR 50 closed at 1,277. on Tuesday. The STAR Market recorded a total trading volume of 0.8 bln shares with a turnover value of RMB 42 bln, up 1% from yesterday. ( read original story ...)