A total of 129 foreign investment projects worth over $23.9 billion had been signed in two separate ceremonies organized by the Shanghai government in January and March, respectively. As a financial ... ( read original story ...)
GuocoLand unit sells Shanghai-based hotel for $290.7m
The property developer is expected to record a net gain of $90.6m. GuocoLand's China unit will sell Guoman Hotel in Shanghai and 256 of its underground car park spaces for $290.7m to Shanghai Zhengjiu ... ( read original story ...)
Shanghai lead stocks drop to 16-month low on scrap bottleneck
Lead inventories monitored by the Shanghai Futures Exchange (ShFE) fell for a sixth straight week to a 16-month low as buyers sought stocks in exchange warehouses due to a lack of recycled metal in ... ( read original story ...)
China sets yuan midpoint set at weakest level since global financial crisis
China's central bank on Friday lowered its official yuan midpoint to the weakest level since the 2008 global financial crisis, reflecting broad dollar gains as investors sought safety amid the ... ( read original story ...)
FHC 2020 to be held at Shanghai New International Expo Centre from November 10-12
SHANGHAI, April 14, 2020 /PRNewswire/ -- The 24 th edition of FHC Shanghai Global ... It is expected to attract 3,800 industry-leading companies and more than 140,000 domestic and overseas visitors ... ( read original story ...)
Update on the latest in business:
FINANCIAL MARKETS Asian shares rise, China's March trade data show improvement TOKYO (AP) — Asian shares rose today although investors are braced for sobering news about how the coronavirus pandemic ... ( read original story ...)
Shanghai Jin Jiang Capital Company Limited Earnings Missed Analyst Estimates: Here’s What Analysts Are Forecasting Now
As you might know, Shanghai Jin Jiang Capital Company Limited recently reported its yearly numbers. Revenues were in line with forecasts, at CN¥21b, although statutory earnings p ... ( read original story ...)