SHANGHAI -- Disneyland theme parks have become favorite holiday destinations around the world. But the one in Shanghai isn't much of a vacation so far. Raucous vendors and line cutters -- everyday annoyances in China -- have infiltrated the place. One day ... ( read original story ...)
Shanghai Dwellings Vanish, and With Them, a Way of Life
My first introduction to shikumen came 10 years ago, when Peter Hibbard, the former president of the Shanghai chapter of the Royal Asiatic Society China, took me on a tour of an alleyway complex near the riverfront Bund. “Up until the ’90s, 80 percent ... ( read original story ...)
83 suspects detained in Shanghai for antiques scam
Shanghai police have detained 83 people, who illegally earned 6 million yuan (873,000 U.S. dollars), in connection with the fake auctioning and unlicensed authentication of antiques. A gang led by a man surnamed Xiao charged antique holders high ... ( read original story ...)
Three China IPOs suspended from trade after surging by maximum-permitted 44 pc in debut action
The Beijing-based broker raised 4.09 billion yuan through its IPO, which was priced at 6.81 yuan per share. The benchmark Shanghai Composite Index closed at 3,136.78 on Monday, up 0.4 per cent. Jilin JLU Communication and Guangdong Xiongsu Technology were ... ( read original story ...)
BRIEF-SHANGHAI NEW HUANG PU REAL ESTATE sees FY 2016 net profit outlook down 55 pct
Jan 23 SHANGHAI NEW HUANG PU REAL ESTATE CO.,LTD. : * Sees net profit for FY 2016 to decrease by 55 percent * Says the net profit of FY 2015 was 226.7 million yuan * Comments that decreased investment income is main reason for the forecast Source text in ... ( read original story ...)
China´s Fosun and Resolution Property purchase value add-asset in Frankfurt
The Chinese conglomerate Fosun is entering the German property market. The Shanghai-based company has acquired the office buliding Estrella I on Frankfurt's Theodor-Heuss-Alle 44 in the quarter of Bockenheim. The deal was made in cooperation with ... ( read original story ...)
Shanghai Shares at 2-Week High
The Shanghai Composite Index gained 0.4 percent to 3,136.77 points while the blue-chip CSI300 index rose 0.3 percent, to 3,364.08 points. The People's Bank of China said on Friday it would provide temporary liquidity support for 28 days to several major ... ( read original story ...)