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Posted on 06/12/2023

Wealthy Chinese Firms Go Bargain Hunting in China’s Stagnant Property Market

An affiliate of liquor maker Jingpai paid CNY3.5 billion (USD490 million) for a sought-after land plot in Suzhou, eastern Jiangsu province, in October at a premium rate of 15 percent. The company has ... ( read original story ...)

Posted on 06/12/2023

Stock market today: Asian shares surge as weak US jobs data back hopes for an end to rate hikes

Asian shares advanced on Wednesday after most stocks slipped on Wall Street following a mixed set of reports on the U.S. economy. Hong Kong's Hang Seng gained 0.9% to 16,477.34, while the Shanghai ... ( read original story ...)

Posted on 06/12/2023

Xi urges Shanghai to accelerate the building of a socialist, modern and international metropolis

The Shanghai Futures Exchange should accelerate its development into a world-class exchange, making greater contribution to developing a futures regulatory system and business model with Chinese ... ( read original story ...)

Posted on 06/12/2023

Ceremony for the 2023 Employer Branding Creativity Awards Just Took Place in Shanghai

Winners of 17 Awards Have AnnouncedBEIJING, Dec. 5, 2023 /PRNewswire/ -- The grand event, 'Employer Branding Creativity Awards 2023,' was hosted ... ( read original story ...)

Posted on 06/12/2023

JD.com accuses wealth manager Noah of ensnaring it in years of ‘malicious lawsuits’ as fraud case moves to Shanghai court

JD.com says that suit brought against it by Noah’s asset management unit has misled investors and the public, while Gopher Asset says it will defend its ‘legitimate rights’. ( read original story ...)

Posted on 06/12/2023

5 of the best new restaurants in Shanghai, from a 2-Michelin-star Cantonese place to a branch of Tokyo’s Narisawa and more

The Covid-19 pandemic took its toll on Shanghai's dining scene but now things are looking up, with various openings since 2021 by some of the world's top chefs Whether it is branches of Michelin-star ... ( read original story ...)

Posted on 06/12/2023

Apple Stock Rallies To 4-Month High—Market Cap Tops $3 Trillion Again

Apple’s market capitalization crossed the elusive $3 trillion threshold again Tuesday as its stock rallied to a four-month high amid projections about a booming holiday quarter for the Silicon Valley ... ( read original story ...)

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