Indonesian tycoon Sukanto Tanoto has acquired Wanda Reign on the Bund Hotel in Shangai for an undisclosed value. ( read original story ...)
Chinese Financial Terminal Wind Is Partly Back Up After Network Failure
(Yicai) Jan. 8 -- Wind, one of China’s most widely used financial terminals, has been partially restored following a network failure earlier today. “Failed to connect to the server. Please try again ... ( read original story ...)
Boeing 787 Makes Emergency Landing at LAX After Being Diverted From Shanghai
An American Airlines flight from Dallas on its way to Shanghai landed safely, and LAX officials told The Messenger there were no injuries ... ( read original story ...)
Tesla Shanghai recalls 1.6m cars, produces 947,000 in 2023
But, over the full year, BYD sold 1.62m BEVs plus 1.4m hybrids. Tesla’s global strategy relies heavily on China where its Shanghai plant increased production 33% to 947,000 Model 3s and Ys last year ... ( read original story ...)
Outage at financial data provider Wind tests fragile sentiment in China’s onshore markets
Wind’s services – available via desktop terminals and its mobile phone app – remained inaccessible throughout the trading period for mainland Chinese markets, its subscribers told the Post. ( read original story ...)
Chinese stocks’ darkest days may be over as earnings rebound, property recovery seen lifting gloom in 2024 – UBS
Swiss bank UBS is predicting the worst may be over for Chinese stocks after three straight years of losses that wiped out US$1.4 trillion, as it bets on a corporate earnings recovery and government ... ( read original story ...)
Police detain executive at China Evergrande’s EV unit. Property sector shows fresh signs of distress
A top executive of China Evergrande's electric vehicle company has been detained by police in the latest sign of trouble for the world's most heavily indebted property developer. China Evergrande New ... ( read original story ...)