JPMorgan will own 71% of its Chinese securities joint venture after completing the transaction to buy a 20% stake from one of its local partners, according to an exchange filing on Monday. The deal, ... ( read original story ...)
Huawei reportedly bets on Shanghai chip plant to overcome US trade ban
Financial Times sources claim Huawei is planning a dedicated chip factory in Shanghai that would make parts for its core telecom infrastructure business. It would be run by a partner, the city-backed ... ( read original story ...)
Ant Group IPO attracts $2.8 Trillion From Investors in Shanghai
Ant Group will list on the Hong Kong and Shanghai markets Retail investors have subscribed for Ant's shares in massive numbers Hong Kong banks will make $396 mn in windfall profits from IPO: Report ... ( read original story ...)
Shanghai rises on global financial stage
Douglas McWilliams, deputy chairman and founder of the Centre for Economics and Business Research, a consultancy based in London, said it had been obvious for a while that Shanghai would surpass ... ( read original story ...)
Shanghai Shimao earnings preview: what to expect
Shanghai Shimao will release earnings for the most recent quarter on October 30. Wall Street analysts are expecting earnings per share of CNY 0.120. Go here to watch Shanghai Shim ... ( read original story ...)
China Focus: Shanghai remains hot spot for foreign investment
Shanghai has always attached great importance to improving the business environment. Visits have been made and 15 government-enterprise meetings held this year to help foreign companies tide over the ... ( read original story ...)
Yum China: 3Q Earnings Snapshot
SHANGHAI (AP) _ Yum China Holdings Inc. (YUMC) on Wednesday reported third-quarter profit of $439 million. On a per-share basis, the Shanghai-based company said it had profit of $1.10. Earnings, ... ( read original story ...)