AI can be widely applied in Hotel Robots, with LED Li-Fi and Laser Li-Fi as infrastructure guaranteeing ... that can be used to spot obstacles. As such, for years, Shanghai Liming has worked with Shanghai University and, under the guidance of well-known ... ( read original story ...)
China's banking regulator eases bad loan rules to help lenders: sources
SHANGHAI China's banking regulator on Wednesday relaxed the rules for the transfer of non-performing loans, allowing lenders to sell soured debt in bundles of three from the previous 10, three sources with direct knowledge told Reuters. The move is the ... ( read original story ...)
China Rapid Finance decreases proposed IPO deal size
China Rapid Finance, which operates an online marketplace in China for small peer-to-peer loans, lowered the proposed deal size for its upcoming IPO on Thursday. The Shanghai, China-based company now plans to raise $65 million by offering 10 million shares ... ( read original story ...)
BP sells stake in Shanghai chemicals business to Chinese partner for £1.3bn
BP has sold out of the Shanghai Secco Petrochemical Company by offloading its 50pc stake in the business to the subsidiary of project partner Sinopec for $1.68bn (£1.3bn). The Chinese state-backed oil giant already holds a 30pc stake in Secco and a ... ( read original story ...)
Best Heaven on Earth for Business Travelers: Suzhou, China
Are you traveling for business or attending a conference to Shanghai, China? If so, you just can’t miss spending some time exploring the surrounding regions. If we have to name one, consider this: Suzhou. The guys at Los Angeles-based Cheap Every Door ... ( read original story ...)
Hong Kong bourse joins regulators to fight to host world’s biggest IPO
The existing stock connects between HKEX and the two stock exchanges in Shanghai and Shenzhen only allow investors to do cross border trading in companies already listed. “It would be the perfect match to launch the IPO connect and the Saudi Aramco IPO ... ( read original story ...)
UniFi's related Chinese Internet-based Financial Information Services Provider, MaiziJinfu, Raises Series B Funding
SHANGHAI, April 26, 2017 /CNW/ -- UniFi's parent company Shanghai Wheat Asset Management Co., Ltd. ("MaiziJinfu", "Maizi" or "the Company"), a China-based Internet-based financial information service provider, today announced that it has received Series B ... ( read original story ...)