The People’s Bank of China announced on Saturday that Alipay.com Co has no controller, paving the way for owner Ant Group’s IPO. ( read original story ...)
China Is Trying to Fix Its Property Market. The Outlook Isn’t Bright.
New home prices in China’s 70 big cities fell for a sixth month and values in the secondary market declined the most in nine years. Policy makers are trying out a wide range of measures to stabilize ... ( read original story ...)
China property: ordinary buyers eye foreclosed homes at heavy discounts as investors retreat from market
A growing number of ordinary homebuyers looking to occupy their house rather than invest are looking at properties that have been repossessed by banks as a supply surge brings prices even lower. ( read original story ...)
Grifols gains on plans to sell 20% of Shanghai RAAS stake to Haier
ADRs hit a 52-week high on Friday after the Spanish plasma therapeutics company announced an agreement to sell ~20% of its equity stake in Shanghai RAAS to Haier Group for about RMB 12.5B ($1.8B) in ... ( read original story ...)
HKbitEX and Shanghai Technology Exchange sign partnership as Pullix presale gains momentum
HKbitEX and the Shanghai Technology Exchange are set to revolutionize the digital economy. Their strategic collaboration focuses on asset tokenization solutions. ( read original story ...)
Shanghai Expo to benefit common residents
China's successful bid to host the 2010 World Expo in Shanghai will bring great benefits to local residents, commentators predict. Dr. Chen Wei, researcher with the Economics Institute of Shanghai ... ( read original story ...)
Shanghai metro pilots express parcel delivery service
Metro services in Shanghai on Friday launched a pilot project to transport express parcels during off-peak hours to reduce road congestion and carbon ... ( read original story ...)