The People's Bank of China (PBOC) said it was keeping the rate on 125 billion yuan ($17.28 billion) in one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at ... ( read original story ...)
Hong Kong’s Financial Empire Faces Critical Turning Point as Chinese Power Begins to Fade
the financial powerhouse faces a new problem—China's heavy hand on private lives, clamping down on cross-border money flows. Billionaire investor Mark Mobius told IBT Reporters his struggle to ... ( read original story ...)
Apple Challenged in China by Huawei’s Shanghai Flagship Store
As iPhone sales decline in China, Apple's major competitor there is making an all-out push for market dominance. ( read original story ...)
Olympic Qualifier Series to boost Shanghai as a sports hub
Pierre Fratter-Bardy (left), the associate director of the International Olympic Committee's Olympic Games Strategy & Development team, speaks to the media during a press conference on Wednesday in ... ( read original story ...)
Update: China upgrades Shanghai synchrotron light source to support sci-tech development
China has upgraded the Shanghai Synchrotron Radiation Facility SSRF a key sci-tech infrastructure to reveal the mysteries of the microscopic world ... ( read original story ...)
Stock Market Today: Stocks mixed as inflation data looms, GameStop higher
Markets are braced for what could be a crucial April inflation report as the S&P 500 nears a fresh all-time high. ( read original story ...)
China Market Update: Real Estate Rockets While Baidu & JD.com Earnings Is On Deck
It was quiet overnight, with Hong Kong closed, resulting in light volumes as both Shanghai and Shenzhen fell to the bottom ... announced ($1.66 in 2 payments), the addition to Southbound Stock Connect ... ( read original story ...)