A recent report shows there are 76 'capital families' in the Shanghai and Shenzhen stock market, consisting of 179 firms and accounting for 4.8% of the total market cap of listed companies, the reported, citing research from an "authoritative institution." ( read original story ...)
Meliá Shanghai Parkside Hotel to Open Early 2018
Meliá Hotels International announced last week the signing of Meliá Shanghai Parkside, a brand new property located within the core area of Shanghai International Tourism and Resorts Zone. This marks the group's ninth property in China and second in ... ( read original story ...)
BRIEF-Cisen Pharmaceutical to raise 116.6 mln yuan for Shanghai IPO
* Says it plans to issue up to 10 million shares at 11.66 yuan ($1.78) a share for Shanghai IPO Source text in Chinese: bit.ly/2w30dak ($1 = 6.5500 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
Shanghai demolishes ‘nail house’ blocking road and traffic
These are external links and will open in a new window A famous Shanghai "nail house" that has been blocking traffic on a wide road for 14 years has been demolished. The residents had refused every offer since 2003 to move, saying the compensation was ... ( read original story ...)
Chinese brokerage shares climb after regulators ease rules on some derivatives trading
Industrial Securities led the rises with a 3 per cent gain in Shanghai. Chinese regulators are seeking to normalise the nation’s financial derivatives market, as the stock market has been stabilising since the sharp falls in the summer of 2015 that saw ... ( read original story ...)
Elegant 6BR Penthouse in front of the Bund
This 600-square-meter duplex penthouse, walking distance from the famous north BUND Riverside Promenade, is perfect for VIP or family seeking some peace and quiet, without giving up easy access to Shanghai’s best view. The whole place has a bright and ... ( read original story ...)
Shanghai’s mayor sees city’s future in being a global hi-tech hub
The future of Shanghai lies in turning it into a hi-tech hub with international influence, the Chinese city’s mayor told business leaders, citing recent measures including easier access to funds, eased tax burdens and lower office costs to try and tempt ... ( read original story ...)