People's Bank of China injected CNY 300 billion into banks on June 25 via a one-year lending facility to maintain liquidity. This operation, aimed at ensuring banking system liquidity, resulted in a ... ( read original story ...)
Ping An builds HK$180 billion stake in China banks on dividend bet
HONG KONG] Ping An Insurance Group, as well as other Chinese insurers, have ramped up investments in the nation’s biggest banks on a bet that the dividend yields will outweigh headwinds of narrower ... ( read original story ...)
Shanghai’s commercial property market in disarray post-lockdown – Marketplace
In Shanghai, vacant storefronts abound, but it’s still a struggle to find space. China’s housing bubble has popped, and the commercial property market is going through a rough patch. ( read original story ...)
Alibaba (BABA) Backed MiniMax Planning IPO
Alibaba Group Holding Limited (NYSE:BABA) is one of Goldman Sachs’ top Chinese stock picks. On June 18, reports emerged indicating that one of the artificial intelligence startups the tech giant backs ... ( read original story ...)
The regeneration of Shanghai’s Bund – BBC
But the Bund’s regeneration has taken a fair amount of time. Long-time resident Luise Schafer was one of the first foreigners to move to Shanghai after China re-established ties with the rest of ... ( read original story ...)
W Shanghai The Bund Electrifies Shanghai’s Luxury Hotel Scene – Forbes
“Shanghai is neon, bold, ambitious, and loud,” says Anthony Ingham, Global Brand Leader for W Hotels Worldwide, describing how the city’s vibrant spirit influenced the design of the hip ... ( read original story ...)
From Baghdad to the Bund: The Family That Built Shanghai – #SixthTone
Shanghai was forcibly opened to foreign trade by the Treaty of Nanjing in 1843. In 1845, ... In 1877, Elias paid 80,000 silver taels to purchase a plot of land on the best part of the Shanghai Bund, ... ( read original story ...)