The Bank of China’s covered bond issue in London forms part ... citing implementing the ‘One Belt One Road’ strategy and regional cooperation mechanisms such as the Shanghai Cooperation Organization, China-ASEAN Cooperation, and South-South ... ( read original story ...)
Asian Emerging Market Shares Drop, While Financial Stocks Rally
The Shanghai Composite Index entered a bull market and financial firms in Tokyo and Sydney rallied. The MSCI Asia Pacific Index lost 0.8 percent to 135.54 as of 4:01 p.m. in Hong Kong, erasing earlier gains of as much as 0.4 percent. The gauge is down 0.9 ... ( read original story ...)
Shanghai Disney draws 4m, to approach break-even in 2017
Walt Disney Co said its new $5.5 billion Shanghai theme park attracted four million visitors in its first four months and will be close to breaking even in its first full year of operation in 2017. About 50 percent of the park's guests are from outside the ... ( read original story ...)
Shanghai insurance exchange launches products to diversify insurance management channels
Shanghai insurance exchange said on Friday two insurance assets products have debuted on the bourse as the newly established exchange started a trial run of a platform that aims to improve and diversify insurance assets management channels. The issuance of ... ( read original story ...)
Tug of war tightens between China’s traditional travel firms and industry’s online upstarts
We have started to see not only a loss of business to OTA companies, but also a brain drain of capable staff, who jump ship to the new internet companies because hey offer higher pay and perks Annie Ren, manager with Shanghai Jinjiang International Travel ... ( read original story ...)
Fitbit just got a very fishy takeover offer
In fact, Fitbit told Business Insider it has not received "any communication from ABM Capital, or any other firm, regarding a reported offer." ABM, which says it is based in Shanghai, China, is proposing to purchase the company for $12.50 a share. ( read original story ...)
Metal markets swing on Trump euphoria
The Shanghai Futures Exchange on Thursday raised margin requirements for aluminum and other metals, after trading terms for iron ore, coal and other commodities were tightened by Chinese bourses. Shanghai nickel and copper were down. While the surge ... ( read original story ...)