Asian markets were trading lower, mirroring Wall Street. Hong Kong's Hang Seng Index traded lower by 1.13 per cent, Japan's Nikkei was down 0.62 per cent, South Korea's Kospi fell 0.26 percent, and ... ( read original story ...)
Coordination on financial risks serves common interests
That means the two sides have more means to avoid misunderstandings through timely exchanges in their joint response to common financial challenges. In the meeting, the two sides also communicated ... ( read original story ...)
Shanghai boosts chip fund by $1bn in drive for self-sufficiency
The latest funding boost into the SSIIF comes on the heels of Shanghai’s launch of a new $6.2 billion Integrated Circuit Industry Parent Fund in July 2024. This fund , part of the Made in China 2025 ... ( read original story ...)
Historic aircraft carrier Minsk engulfed in flames near Shanghai: Major damage and uncertain future
The Minsk, a former Soviet aircraft carrier, caught fire in a lagoon close to Shanghai over the weekend. The fire destroyed much of the ship over its roughly 24-hour duration. ( read original story ...)
Interfiliere Shanghai 2024 Show Opens New Chapter of Body Fashion Trends
Interfiliere Shanghai, the annual trade show for the global intimates fashion industry, will unveil Spring/Summer 2026 trends. ( read original story ...)
China’s First Homegrown Large Cruise Ship Will Still Operate From Shanghai Next Year, Owner Says
(Yicai) Aug. 19 -- China's first self-developed giant cruise ship Adora Magic City will continue to operate out of Shanghai next year and will sail more than 80 cruise routes which will last between ... ( read original story ...)
China Tourism Group picks Hong Kong for US$2.5 billion IPO as the world’s largest duty-free retailer raises capital to expand
it will help encourage more big IPOs.” The maximum offer price represents a 27.3 per cent discount to the company’s yuan-denominated shares in Shanghai, which fell 2.8 per cent to 195.66 yuan ... ( read original story ...)