China's biggest homebuilder by sales, Country Garden, saw its bonds slump on Monday as the country's property crisis showed no sign of letting up. Last week was the worst on record for Country ... ( read original story ...)
Chinese Property Giant Country Garden Endures Sector’s Latest Selloff
The company’s bond due in 2026 has declined steeply in recent days, dropping by more than 20 cents on the dollar in three sessions. ( read original story ...)
Shanghai zinc once fell close to 2%: tired bank, light consumption, enterprises have early holiday expectations [SMM analysis]
Shanghai zinc once fell close to 2%: accumulation, light consumption, enterprises have early holiday expectations] generally speaking, the weakening of zinc prices today is mainly caused by ... ( read original story ...)
SMM Evening Comments (Jan 17): Shanghai Nonferrous Metals Closed Mixed as PBoC Signalled Interest Rate Cuts
Shanghai nonferrous metals closed mixed today. The People’s Bank of China lowered the one-year MLF and seven-day reverse repurchase rates by 10 basis points, sending a formal interest rate cut signal. ( read original story ...)
First phase of Heatherwick’s “1,000 Trees” shopping mall opens in Shanghai
UK architect Heatherwick Studio has announced that the first phase of its 1,000 Trees shopping mall has opened on a former factory site in Shanghai. The 300,000 sq m ... ( read original story ...)
Omicron variant invades China’s political, financial and tech hubs
Omicron has breached the political, financial and technology centers of China for the first time, putting pressure on the country’s response to the more transmissible variant as it awaits the Winter ... ( read original story ...)
No Animals or Explosives: Shanghai Issues Rules on ‘Blind Boxes’
Shanghai’s market regulator on Friday announced a first of its kind guideline in the country to oversee the emerging “blind box” business that has been blamed for issues ranging from food waste to ... ( read original story ...)