Category: BUSINESS

SHANGHAI - Shanghai has established a 50 billion yuan ($7.5 billion) investment fund to boost the development of its integrated circuit (IC) industry, a local official announced Wednesday. The initial round of fundraising was completed in September, said ... ( read original story ...)

SHANGHAI, Oct. 26, 2017 /PRNewswire/ -- Shanghai ChemPartner today announced their sponsorship of the Peptide Therapeutics Foundation (PFT), a not-for-profit organization established to promote the research and development of peptide therapeutics. "We are ... ( read original story ...)

SINGAPORE - Shanghai Turbo Enterprises said on Wednesday (Oct 25) that it had received a requisition letter for an extraordinary general meeting to remove the entire board last Friday. The letter, which had no sender's address, is purportedly from Mr Liu ... ( read original story ...)

"Shanghai is the most important financial centre in China but ... Australian firms identified benefits in more favourable pricing and the ability to accommodate their Chinese business partners. Chinese companies identified improved trade terms as one ... ( read original story ...)

Chinese companies whose names start with “Shanghai” are riding the recent buying frenzy among stock traders. In October, Shanghai party secretary Han Zheng said the city was drawing up a plan for a free-trade port, a term that was mentioned in ... ( read original story ...)

Elon Musk’s Tesla electric car company is reported to have struck a deal with Chinese authorities to build a factory in Shanghai, opening up the world’s largest automotive market to the fast-growing business. Tesla is reported to have agreed to set up ... ( read original story ...)

Tesla has reached an agreement with Shanghai authorities that would make it the first foreign automaker to build its own plant in China, putting it in the driver's seat in the world's biggest electric-vehicle market, the Wall Street Journal reported. ( read original story ...)