The developer of an unfinished residential complex in downtown Shanghai facing a potential mortgage boycott has resumed construction amid pressure from local authorities. ( read original story ...)
Inside the downfall of embattled property developer China Evergrande
By Engen Tham, Julie Zhu, Clare Jim SHANGHAI/HONG KONG -In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay ... ( read original story ...)
How Evergrande’s collapse foreshadowed China’s property crisis
In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay lenders and finance the next real estate project. ( read original story ...)
Hozon nets CNY7bn in pre-IPO fundraising round
Chinese electric vehicle (EV) manufacturer Hozon New Energy Automobile Company this week said it has raised CNY7bn (US$960m) in a pre-initial public offering (IPO) financing round, the first inflow of ... ( read original story ...)
Pixelworks Shanghai Subsidiary Appoints Wallace Pai as Chief Operating Officer
Experienced Global Semiconductor Leader Strengthens Executive Team; Further Prepares Pixelworks Shanghai Subsidiary for Planned IPO on Shanghai ... ( read original story ...)
Stock market today: Asian markets lower after Japanese factory activity and China services weaken
Asian stock markets are mostly lower after Japanese factory activity and Chinese service industry growth weakened ... ( read original story ...)
Anti-smuggling Police Gather in Shanghai to strengthen Collaboration in Combating Wildlife Trafficking
Smuggling wild species contraband through Customs is just one of the many routes traffickers take to feed the demand for illegal products. TRAFFIC has been ... ( read original story ...)