China is roping in financial blue-chips in a renewed push to achieve technological self-sufficiency. Six of the country's biggest lenders have invested in Beijing's third and largest semiconductor ... ( read original story ...)
Economic Watch: Shanghai’s innovation ecosystem turns ideas into reality
Transforming business ideas into commercially viable applications has never been more achievable than it is today in Shanghai thanks to large-scale s ... ( read original story ...)
China Market Update: “Big Fund 3” Launches As Shanghai Relaxes Home Purchase Policies
Mainland financial media noted Friday’s post-close State Council ... Meanwhile, WuXi Biologics, Tencent, and ICBC were small net sells. Shanghai, Shenzhen, and the STAR Board gained +1.14%, +0.75%, ... ( read original story ...)
China Market Update: Guangzhou Follows Shanghai Real Estate Policy
Asian equities were lower on light volumes as Indonesia outperformed and Pakistan was closed for a market holiday. ( read original story ...)
Stock market today: US markets mixed in quiet post-holiday trading
As part of the agreement, T-Mobile will get U.S. Cellular’s wireless operations and about 30% of spectrum ... affirmed Beijing’s determination to contain financial risks. The Shanghai Composite index ... ( read original story ...)
Shanghai Takes Yet More Steps to Revive Housing Market
To jumpstart recovery, China’s largest city is moving to slash mortgage rates and housing purchase restrictions. ( read original story ...)
Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US$731 million to boost liquidity
Fosun International, one of China's largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutcj bank ... ( read original story ...)