Alcohol and spirits companies had a big day today, occupying two of the top three spots in the Shanghai Composite Winner’s Circle for Wednesday. The CITIC Guoan Wine Company led the Shanghai exchange today, uncorking a 9.86 percent gain today ... ( read original story ...)
China's shadow banking crusade risks bond market crash
SHANGHAI (Reuters) - China's campaign to cut high debt levels in its economy is aiming this year to shrink the $3 trillion shadow banking sector, which could drain a critical source of income for the country's banks and of funding for its fragile bond market. ( read original story ...)
China’s Great Rebalancing Has Gone Missing From Stock Market (1)
Yet the ChiNext market set up in 2009 is proving a dud, at least when measured against the old-economy heavy Shanghai Composite Index in recent ... enterprises -- all the more so given their higher stock valuations relative to earnings. ( read original story ...)
Finnair Launches Alipay on-Line Service on Shanghai Flights
Finnair says it will launch Alibaba's online payment platform as an official way of paying for goods and services on its flights connecting Helsinki and Shanghai. The Finnish national airline says the Alipay service will begin Jan. 27 and will also be ... ( read original story ...)
Shanghai Shenhua 'want Odion Ighalo'
Shanghai Shenhua are reportedly desperate to bring Watford striker Odion Ighalo to China this month. The Chinese Super League side, who are managed by former Chelsea midfielder Gus Poyet, made Carlos Tevez the highest-paid footballer in the world when they ... ( read original story ...)
AFL insists plans are on track for Power-Suns clash at Shanghai Stadium
The AFL maintains preparations for the Shanghai clash between Port Adelaide and the Gold Coast Suns are on track despite photographs showing there is much work to do. Photographs supplied by an AFL supporter in Shanghai show that while the surface is ... ( read original story ...)
Shanghai railway police seize over 50 ivory products
SHANGHAI, Jan. 25 (Xinhua) -- Shanghai railway police arrested two men illegally carrying more than 50 ivory products, bought in Zimbabwe, as they were about to board a train. A thin man, who appeared to have a disproportionally large stomach, raised the ... ( read original story ...)