HONG KONG (Reuters) - Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices ... and winners take all," said Wang Qing, chairman at Shanghai Chongyang ... ( read original story ...)
Chinese GPU firm MetaX plans to lay off 200 employees ahead of IPO launch
Chinese GPU maker MetaX is initiating a pre-IPO layoff plan, affecting around 200 employees, or 20% of its 900-person workforce, local media outlet ... ( read original story ...)
Abu Dhabi and Shanghai partner to boost trade and investment
Abu Dhabi Investment Office and Shanghai Municipal Commission of Commerce sign agreement to strengthen economic ties ... ( read original story ...)
Painter gifts evolutionary works to Shanghai exhibition
Xu's ongoing exhibition Las Ruinas Circulares at Long Museum's West Bund venue in Shanghai marks his reunion with the metropolis after being away for some 17 years. The works on display were created ... ( read original story ...)
Frasers Property jointly secures Songjiang residential site for $152m
The site will be developed into 189 low-rise homes. Frasers Property Limited, Xiamen ITG Real Estate Group, and Gemdale Corporation announced their joint bid to acquire and develop a residential site ... ( read original story ...)
Stock market today: Asian shares slide after slight gains on Wall Street
Asian shares were mostly lower on Thursday after U.S. stock indexes drifted to a mixed finish, with the S&P 500 closing just an iota higher. In Tokyo, the Nikkei 225 edged 0.2% higher to 38,198.96. ( read original story ...)
Shanghai to create rules for intl commercial litigations
Shanghai is aiming to establish rules for international commercial litigations that meet global standards as it aims to improve the handling of foreign legal affairs, a top judicial official said on ... ( read original story ...)