It’s also unloaded a commercial real estate firm and a retirement plan services unit in recent years. Shanghai Commercial Bank is part of a small remaining group of closely held local lenders in Hong ... ( read original story ...)
Asian Share witnesses loss; S.Korean and China’s Shanghai Composite index plunges 2.6 percent
Asian share markets today witnessed big losses. China’s Shanghai Composite index and South Korea’s KOSPI, both plunged 2.6 percent. Hong Kong’s Hang Seng tumbled 1.8 percent, Japan’s NIKKEI-225 fell 1 ... ( read original story ...)
China’s Shimao to Sell USD12.2 Billion in Property Assets to Cut Debts
Chinese real estate developer Shimao Group Holdings intends to sell 36 projects, including a 700-meter-high skyscraper in Shenzhen, in total worth more than CNY77.1 billion (USD12.2 billion) to reduce ... ( read original story ...)
STAR Market Daily: STAR 50 falls 2.35%, RMB 42 bln traded
Shanghai Stock Exchange STAR 50 closed at 1,277. on Tuesday. The STAR Market recorded a total trading volume of 0.8 bln shares with a turnover value of RMB 42 bln, up 1% from yesterday. ( read original story ...)
Shanghai Seeks to Adopt ‘Balanced’ Digital Economy Transformation
Experts say small and medium-sized companies weren’t keen on the technological leap due to high costs and lack of specialized human resources. ( read original story ...)
The call for Batman, in Shanghai
The Bat Signal, an iconic element in the Batman franchise, has made its way to Shanghai where it has lit up the skies above the Bund. Called Bat-Signal, the device which projects a bat-shaped pattern ... ( read original story ...)
Woman dies after incident at Shanghai metro
The elderly woman who was caught by a closing door on the metro platform on Saturday afternoon has died, the operator of the Shanghai metro announced on Tuesday. The incident took place at Qi'an Road ... ( read original story ...)