Tencent-backed Kuaishou Technology (1024 Hong Kong) will list at the top of its listing range at HK$115 apiece, raising US $5.42B and valuing the company at US $60.9B according to Reuters. Amazingly, ... ( read original story ...)
UPDATE 1-Shanghai authorities order inspections on property loans
Financial authorities in China's Shanghai have tightened regulations on banks issuing individual housing loans, in an effort to ward off property bubbles as the market heats up. ( read original story ...)
January 29: ON THIS DAY in 1932, Shanghai burns during massacre
IN 1851, the Brooklyn Daily Eagle reported, “John James Audubon, the distinguished ornithologist, died at his residence, on the banks of the Hudson, on Monday morning last. The deceased was in the ... ( read original story ...)
China’s state-led economy makes it clear for foreign firms: you’re either OK with regulatory requirements, or you’re out
Toeing the party line, censorship, and strict controls on capital flows are among the challenges facing foreign firms that wish to gain entry into China’s massive yet restrictive state-led economy. ( read original story ...)
Tesla Gigafactory Shanghai’s 2021 Model 3 and Model Y production estimates are likely conservative
FY 2020 Update Letter, Tesla listed Gigafactory Shanghai’s annual vehicle production capacity at 450,000 Model 3 and Model Y, up from 250,000 in Q3 2020. This number is undoubtedly impressive, but if ... ( read original story ...)
Shanghai Fashion Week Postponed
Participants, including designers and those involved in trade fair events concurrent with Shanghai Fashion Week, have been advised that the date is changing, but Shanghai Fashion Week has yet to make ... ( read original story ...)
Shanghai mayor expresses confidence in maintaining success of CIIE
"We have confidence that we can continue to make the CIIE a safe and successful expo in the years to come," Gong said at a news conference after the conclusion of the annual session of the municipal ... ( read original story ...)