Foreign companies including American electric car manufacturer Tesla and Porsche’s China sales arm are among the firms being sought for their input as Shanghai steps up implementation of a ... ( read original story ...)
Sensex, Nifty trading in green: Factors that led to a rally in equity market today
B enchmark indices were trading higher on Monday led by gains in banking, oil and gas and capital goods stocks. Sensex rose 550 points to 71,250 and Nifty gained 177 points to 21, ... ( read original story ...)
As China’s Economy Slows, Hong Kong Seeks To Redefine Its Future
Today, the SAR doesn’t feel quite as special. Most of China’s IPO action has migrated across the bay to Shenzhen and up to Shanghai, as China’s domestic A-share exchanges have ranked #1 for IPO ... ( read original story ...)
Shanghai businessman Richard Yan sought by New Zealand liquidators for US$60 million debt he owes to collapsed construction firm
Liquidators of collapsed Auckland-based construction company Mainzeal are pursuing Shanghai businessman Richard Yan, holding him liable for more than US$60 million owed to the company’s creditors, in ... ( read original story ...)
Stock market today: World shares mixed ahead of eventful week; China Evergrande to be liquidated
World shares are mixed at the start of an eventful week, including a decision by the U.S. Federal Reserve on interest rates. U.S. futures and oil prices declined. Monday's trading kicked off with a Hong Kong court’s decision to order China Evergrande, ( read original story ...)
Shanghai Suzhou Creek Half Marathon steps up
Photo taken in 2023 shows runners participating in the first Suzhou Creek Half Marathon which started in Putuo district, Shanghai. [Photo provided to chinadaily.com.cn] The 2024 Shanghai Suzhou Creek ... ( read original story ...)
Stock market today: Chinese stocks lead Asia’s gains, Evergrande faces liquidation
Asian markets opened the week on a positive note, with Chinese regulators announcing measures to support the country’s teetering stock markets while heavily indebted property developer China Evergrande was ordered to undergo liquidation. ( read original story ...)