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Month: June 2023

Posted on 07/06/2023

Hong Kong stocks approach 2-week high as JPMorgan, Deutsche Bank, Daiwa chime in on China policy stimulus bets as exports slump

Stocks are headed for the highest level in two weeks as foreign firms chime in on China stimulus bets. Tech leaders and Macau casino operators lead winners as traders rotate from property developers. ( read original story ...)

Posted on 07/06/2023

Shanghai court freezes $278 million worth of shares in Wanda Commercial

A Shanghai court has ordered the freezing of 1.98 billion yuan ($278.18 million) worth of shares in a unit of Dalian Wanda Group, China's largest commercial property developer. The shares frozen were ... ( read original story ...)

Posted on 07/06/2023

Chinese vice premier stresses revving up efforts to achieve breakthroughs in core technologies in key areas in research trip to Shanghai

Chinese Vice Premier Zhang Guoqing has stressed the need to speed up efforts to achieve breakthroughs in core technologies in key areas and transform manufacturing into a high-end, smart, and green ... ( read original story ...)

Posted on 07/06/2023

Shanghai court freezes $278 mln worth of shares in Wanda Commercial

A Shanghai court has ordered the freezing of 1.98 billion yuan ($278.18 million) worth of shares in a unit of Dalian Wanda Group, China's largest commercial property developer. ( read original story ...)

Posted on 07/06/2023

China’s first home-grown cruise ship undocked in Shanghai

SHANGHAI: China's first domestically-built large cruise ship completed its undocking in Shanghai on Tuesday, marking its complete transition into the dock mooring debugging stage. ( read original story ...)

Posted on 07/06/2023

Action plan to boost imports in Shanghai

Photo/VCG] Shanghai's Huaihai Xintiandi will facilitate more imports as part of a latest action plan, local government officials and comp ... ( read original story ...)

Posted on 07/06/2023

World Bank warns of a sharp slowdown for a wobbly global economy

Two Federal Reserve decisions next week will shape a global economy whose growth the World Bank predicts will slump this year and remain “frail” through 2024. ( read original story ...)

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