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Month: August 2022

Posted on 25/08/2022

Major achievements released at future networking conference in E China

A series of the latest scientific research achievements in fields including deterministic networking and 6G were released on Wednesday in Nanjing, capital of east China's Jiangsu Province. Purple ... ( read original story ...)

Posted on 25/08/2022

EXCLUSIVE Some Chinese financiers cold shoulder Beijing’s property rescue call-sources

Some of China's state-backed financial institutions are pushing back on Beijing's calls to support the embattled property sector due to concerns about the impact of such exposure on their balance ... ( read original story ...)

Posted on 25/08/2022

Shanghai Commercial & Savings Bank Adopts Temenos Platform for Retail and Corporate Banking

Shanghai Commercial & Savings Bank (SCSB), one of the listed banks in Taiwan, has selected Temenos and IBM to replace its legacy core systems with Temenos open platform for composable banking. Part of ... ( read original story ...)

Posted on 25/08/2022

Shanghai Aims To Revive With 32 New High-Tech Projects

Shanghai has announced it will spend 63.47 billion yuan (US$9.24 billion) on 32 new industrial projects in Pudong, a bid to revive the city's economy after a devastating citywide Covid lockdown ... ( read original story ...)

Posted on 25/08/2022

Business in 67 Shanghai-traded ETFs halted by Hong Kong typhoon delay

The Shanghai Stock Exchange said subscription and redemption in 67 exchange-traded funds (ETFs) would be halted on Thursday due to a trading suspension in Hong Kong triggered by a typhoon. The ... ( read original story ...)

Posted on 25/08/2022

Just as Shanghai’s economy was recovering from the Covid-19 lockdown, sizzling heat throws another spanner in the works

Shanghai authorities switched off lights for two days along The Bund waterfront and the Lujiazui finance zone to save power The two-month lockdown caused Shanghai's economy to contract by 13.7 per ... ( read original story ...)

Posted on 25/08/2022

Germany’s Covestro Breaks Ground in Shanghai on 25,000-Ton a Year Polycarbonate Recycling Line

German polymer giant Covestro has broken ground on its first dedicated line for the mechanical recycling of polycarbonate at its integrated site in Shanghai. It will be able to turn out over 25,000 ... ( read original story ...)

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