(RCI.B-T) rose on Thursday despite reporting third-quarter revenue on Thursday that missed analysts’ estimates as the pandemic continues to dampen growth at its ads and wireless businesses. Alexandra ... ( read original story ...)
China Evergrande secures bond extension as property sector turmoil deepens
China Evergrande Group has secured more time to pay a defaulted bond, financial provider REDD reported on Thursday, offering rare respite to the developer even as a debt crisis in the broader property ... ( read original story ...)
Chinese Millionaire Withdraws Huge Sum And Makes Bank Staff Count It Out
A Chinese millionaire has withdrawn five million Yuan from his bank and ordered the staff to count it out note by note after he got into a disagreement with them. He then said that he'd be back to ... ( read original story ...)
Chinese property firm Kaisa slumps after rival dumps bonds
Chinese property firm Kaisa Group saw its bonds slump heavily on Thursday as worries about its fate were fanned when a local rival dumped nearly $30 million worth of its bonds. Kaisa was the first ... ( read original story ...)
Sinocat Environmental Technology’s IPO to debut on SSE STAR Market
Sinocat Environmental Technology (688737) to start trading on the Shanghai Stock Exchange's STAR Market Oct 22, tomorrow. The firm has issued 21.51 mln shares priced at RMB 70.9 per share raising RMB ... ( read original story ...)
Millionaire withdraws entire savings in cash and orders bank to check notes after row
The man expressed his dismay at the service of the Bank of Shanghai, in China, although he did not specify from his side what happened. The bank said he became angry after being asked to wear a face m ... ( read original story ...)
W Shanghai Keeps the Summer Heat with Electric Carnival
From October 16-17, an Electric Carnival was staged at the poolside bar ofW Shanghai – The Bund. From the afternoon until the wee hours of the morning, the enthusiasm of Latin A ... ( read original story ...)