Investors are “extremely cautious” ahead of November figures which include commodities-sensitive data on industrial production and fixed-asset investment, drawing the price nearer to monthly lows as rebar for May on Shanghai Futures Exchange closes -1 ... ( read original story ...)
Trading Day: live markets coverage; ASX investors hear ‘Santa’ bells; plus analysis and opinion
It also announced today it had completed the sale of its 20 per cent stake in Shanghai Rural Commercial Bank ... s unquestionably strong capital requirements,” said ANZ chief financial officer Michelle Jablko. ANZ said the on-market share buyback ... ( read original story ...)
Minibus falls into sea near Shanghai, killing 7 people
A Chinese state news agency says seven people were killed when a minibus fell into the sea in a city north of Shanghai. The Xinhua News Agency says 10 people were aboard the minivan when it crashed in Qidong early Monday. Xinhua said one survivor was being ... ( read original story ...)
Technology stocks hog the limelight and outperform the old economy in Hong Kong and mainland China
They have good reason to do so. The best performing stocks on the main indices of Hong Kong, Shanghai and Shenzhen in 2017 were all related one way or another to technology, or at least have a business strategy that taps into the new economy. ( read original story ...)
Suning Financial Services Secures ¥5.34 Billion to Further Advance Fintech Products
Suning Financial Services Shanghai Co. announced on Tuesday it has issued new shares to raise ¥5.34 billion ($813 million) as it looks to invest further into its fintech products. The company reported around14 investors took part in the investment round ... ( read original story ...)
You Should Try These Different Ways To See Shanghai
It’s expected, when you’re in Shanghai, to perch on a terrace on the Bund gazing at the multicolored skyscrapers across the Huangpu River in Pudong. (And you should; it’s a spectacular sight.) One of the most stylish women I know in town, designer ... ( read original story ...)
Shanghai Experiments With “Sponge City” Technology
Like many world cities, Shanghai is a port city located on the edge of the ocean. It it vulnerable to flooding from the sea as well as rain from above. Following serious flooding in Beijing in 2012, the Chinese government made water resiliency a priority ... ( read original story ...)