Beijing is now home to half of China-developed large language models (LLMs) – representing the technology used to train intelligent chatbots like ChatGPT – as more companies in the country’s ... ( read original story ...)
Food, beverage retailers drive up Shanghai’s commercial property demand
New brand launches and restaurant openings have boosted the retail environment, accounting for 45 percent of retail property lease demands in the first half. Demand from food and beverage retailers ... ( read original story ...)
Shanghai Bailian plans shopping mall REIT IPO in China
The company plans to seed the trust with its Shanghai Festival Walk shopping centre project, located in Shanghai’s Yangpu District. “Through the issuance of publicly-offered REIT products, in response ... ( read original story ...)
Shanghai Futures Exchange targets commodity storage outside China – sources
The Shanghai Futures Exchange (ShFE) is looking to expand its commodities warehousing network outside China, and is examining systems and regulations in the sector overseas, three sources with direct ... ( read original story ...)
Shanghai Consumer Confidence Climbs Again in Second Quarter, Index Shows
Consumer confidence in Shanghai further improved by almost 18 points in the second quarter from a year ago as sub-indexes for expectations and home-buying hit historic highs despite the middle-income ... ( read original story ...)
Here’s why Shanghai index, Hang Seng rose after weak China data
The Shanghai Index and the Hang Seng drifted upwards on Thursday as investors ignored the weak economic data from China. Hong Kong’s Hang Seng index jumped by 2.60% while the Shanghai rose by 0.86%. ( read original story ...)
Stock market today: Asian shares jump on Wall Street’s return to its highest level in over a year
Asian shares have opened higher, boosted by Wall Street’s return to its highest level in more than a year after a report showed U.S. consumer inflation cooled a bit more ... ( read original story ...)