Shanghai overtook Tokyo to enter into the top 5 of the 24th edition of the Global Financial Centres Index, while Beijing, Zurich and Frankfurt moved into the top 10, replacing Toronto, Boston and San ... ( read original story ...)
Tech links bike firm, Shanghai subway
Two-year-old bike-sharing startup Hellobike, now rebranded as HelloChuxing, has forged a collaboration with Shanghai Shentong Metro Group Co Ltd to develop a smart technology to improve subway-to-bicy... ( read original story ...)
China shares tumble, central bank’s move to aid economy shrugged off
SHANGHAI (Reuters) - China stocks tumbled on ... On Sunday, the People’s Bank of China (PBOC) announced a 100-basis-point cut to banks’ reserve requirement ratio (RRR), stepping up efforts ... ( read original story ...)
China’s Latest Banking Move Shows How Nervous It Is About Its Economy
China’s mainland markets tumbled on their first trading day following the central bank’s decision to cut ... but the Shenzhen and Shanghai composites fell 3.8% and 3.7%, respectively. ( read original story ...)
Angry Mobs Show All’s Not Well in China’s Toppy Property Market
The unrest is a further sign that China’s toppy property market is beginning to cool ... citing company policy. In Shanghai, the price cuts are only for projects in poorer areas, she said by phone Mon... ( read original story ...)
China shares lower at close of trade; Shanghai Composite down 3.72%
Declining stocks outnumbered rising ones by 1369 to 75 and 11 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite ... ( read original story ...)
China stocks stumble despite central bank liquidity support
SHANGHAI (Reuters) - Shares in Asia staggered on Monday as China’s markets stumbled despite its central bank moving to pump more liquidity into the broader economy, as worries grow of a sharp ... ( read original story ...)