The cash-strapped Dalian Wanda Group sold its luxury hotel in Shanghai to Indonesian pulp and paper billionaire Sukanto Tanoto, at a reported price of between 1.44 billion and 1.66 billion yuan ... ( read original story ...)
Drone snaps epic 4K video of 100s of Tesla’s ready to be shipped to new owners
A drone has been sent over Tesla's Gigafactor in Shanghai revealing the EV manufacturing plant is ready to ship hundreds of Tesla's. The video was captured by Tesla watcher Wu Wa, who sent a drone ... ( read original story ...)
Stock market today: Asian markets track Wall Street’s decline, eroding last year’s gains
Asian shares dropped Wednesday after Wall Street started 2024 with a slump, giving back some of its powerful gains from last year. U.S. futures were lower and oil prices were little changed. Prices of ... ( read original story ...)
Indonesian Billionaire Sukanto Tanoto’s Pacific Eagle Buys Wanda’s Shanghai Luxury Hotel
Pacific Eagle Real Estate has bought a Shanghai luxury hotel from cash-strapped Chinese developer Dalian Wanda Group as the Singapore-based family office expands its property investments. ( read original story ...)
Shanghai govt official visits China’s Stemirna amid financing woes
A senior Shanghai government official has visited Chinese COVID-19 vaccine developer Stemirna Therapeutics, the company said in a social media post on Wednesday, as it grapples with tight funding. ( read original story ...)
Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses
A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans. ( read original story ...)
‘Shanghai Beach’ singer Frances Yip returns to Malaysia for concert on May 12
Hong Kong's vocal powerhouse Frances Yip will be returning to perform here in May in conjunction with Mother's Day. The 76-year-old ... ( read original story ...)