The surge in bank demand for bankers’ acceptance bills (BABs) in December 2021 should prove temporary, and is not likely to presage weakness in more traditional lending activity over 2022, says Fitch ... ( read original story ...)
OneConnect Inks New Strategic Partnership Agreement with Chengfang Financial Technology’
OneConnect Financial Technology Co., Ltd. (NYSE: OCFT ) ('OneConnect'), a leading technology-as service platform for financial institutions has today announced it has entered into a strategic ... ( read original story ...)
Chinese developer Shimao puts all property projects on sale: Caixin
SHANGHAI: Shimao Group Holdings has put on sale all of its real estate projects, including both residential and commercial properties, as the cash-strapped Chinese property developer accelerates asset ... ( read original story ...)
Report: CATL’s New Battery Plant In Shanghai Already Supplies Tesla
The site is located just about 3 km from Tesla Giga Shanghai. CATL shows some extreme expansion pace, as its latest lithium-ion battery plant in Lingang, Shanghai, China reportedly started production. ( read original story ...)
Shandong Taishan beats Shanghai Port to win CFA Cup (updated)
Jadson long-distance goal helped Shandong Taishan beat Shanghai Port 1-0 to win the 2021 Chinese Football Association CFA C ... ( read original story ...)
12 Stunning Photos from Shanghai Instagram Account @xxiamandixx
That’s a tough one. There are so many great places in Shanghai, but if I had to name one, it’s the Bund at sunrise. Watching the sun rise from behind Lujiazui never gets old. And outside of Shanghai? ( read original story ...)
Shimao Group’s Shanghai unit defaults on US$101m project loan in latest blow to China’s embattled property market
The start of 2022 has been turbulent for Chinese developers as mountains of debt come to maturity, adding to their financial woes. ( read original story ...)