Chinese stock exchanges have reportedly asked investment funds to refrain from being net sellers of equities as the domestic stock market reels under a selling wave. What Happened: The Shanghai and Shenzhen stock exchanges issued "window guidance" to several large mutual fund houses to avoid selling more domestic shares for a day, ( read original ...
A key Chinese shadow bank has missed payments on dozens of investments, and it shows just how bad things are in the world’s second-largest economy
This is just days after Country Garden, China's biggest private-sector developer by sales, missed interest payments on two dollar-denominated bonds. ( read original story ...)
Shanghai Ranking 2023: France needs to think outside the box when it comes to higher education
EDITORIAL. French policymakers have taken the Shanghai Ranking as a key measurement for higher education for the past 20 years, but the goal of international competitiveness is no substitute for well ... ( read original story ...)
Shanghai’s imports, exports grow
In the first seven months, Shanghai had 52,000 foreign trade enterprises with import and export business, an increase of 6.1 percent year-on-year. Among them, foreign-invested enterprises contributed ... ( read original story ...)
China Scuttles a $5.4 Billion Microchip Deal Led by U.S. Giant Intel
Intel calls off its planned acquisition of Tower Semiconductor, an Israeli chip maker, after waiting in vain for 18 months for a review by Chinese regulators. ( read original story ...)
Shanghai expands scope of virtual asset trading to become a ‘data industry innovation highland’ worth US$69 billion by 2025
Some 5,000 data products are expected to be listed on the Shanghai Data Exchange by 2025 These products are focused on major industries that include finance, logistics, technology and manufacturing ... ( read original story ...)
International Youth Day 2023: Shanghai Electric Takes Onboard Over 700 Graduates from the World’s Leading Universities in the Latest Hiring Drive
SHANGHAI, Aug. 15, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) ("the Company") announced that over 700 employees, who recently graduated from top-notch universities around the world ... ( read original story ...)