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Month: February 2024

Posted on 27/02/2024

China says local governments must prevent property market volatility

Local governments in China should help balance supply and demand in the real estate market, China's Ministry of Housing and Urban and Rural Development said on its website on Tuesday. All cities ... ( read original story ...)

Posted on 27/02/2024

Stock market today: Wall Street edges back from its record heights

Asian shares retreated on Tuesday after U.S. stocks edged back from their record heights. Most regional markets fell, while Shanghai advanced. U.S. futures and oil prices were little changed. Traders ... ( read original story ...)

Posted on 27/02/2024

Saudi’s Savvy Games and Esports Delegation Conducts High-level Visit to Shanghai, Beijing and Chengdu

HRH Prince Faisal bin Bandar bin Sultan Al Saud, Chairman of the Saudi Esports Federation and Vice Chairman of Savvy Games Group (Savvy), and Brian Ward, CEO of Savvy, have this month led a senior ... ( read original story ...)

Posted on 27/02/2024

Collective opening ceremony for three world-leading financial institutions held in Shanghai

Three world-leading international financial institutions' Shanghai operations, including AllianceBernstein Fund Management Co Ltd, Amundi Fintech (Shanghai) Company Limited, and KKR Investment ... ( read original story ...)

Posted on 27/02/2024

China stocks rise, led by AI firms; Hong Kong slips as investors await policy moves

SHANGHAI, Feb 27 (Reuters) - China stocks rose on Tuesday, with artificial intelligence (AI) firms leading the gains, helped by the AI boom in the United States. Hong Kong shares slipped as investors ... ( read original story ...)

Posted on 27/02/2024

Zhida, a Chinese maker of EV charging systems, is weighing US$128 million Hong Kong IPO this year, source says

Shanghai Zhida Technology Development, which makes electric-vehicle charging systems, is working with Shenwan Hongyuan on an IPO, source says. Its systems are used by 70 car brands in China. ( read original story ...)

Posted on 27/02/2024

AstraZeneca makes Shanghai its fifth global strategic hub

SHANGHAI, Feb. 27 (Xinhua) -- Shanghai has become the fifth global strategic hub for the British pharmaceutical company AstraZeneca, joining hubs in the United States, Sweden and UK, the company ... ( read original story ...)

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