Category: FINANCE

Alibaba, its affiliate Ant Financial Services Group and Shanghai Shentong Metro Group, the operator of the Shanghai Metro, said in a joint announcement on Tuesday that the Metro would install Alibaba-developed “far-field” voice recognition technology ... ( read original story ...)

This week, Starbucks (NASDAQ: SBUX) is opening its biggest cafe in the world in Shanghai as China is becoming crucial for Starbucks. The store in Shanghai is 30,000-square-foot, and it is the second Reserve Roastery of Starbucks. In 2014, the company’s ... ( read original story ...)

The Asset Management Association of China (AMAC) said recently that Shanghai Oriental Hongqiao Financial Holding Group Co., a private equity firm controlled by Kuailu, is among the 17 asset management firms with which the association has lost contact. ( read original story ...)

Hong Kong is on track to lose its much-coveted crown as the world’s top initial public offering (IPO) market as the year draws to a close, with latest figures showing total funds raised here have dropped 48 per cent compared with 12 months ago, leaving ... ( read original story ...)

SHANGHAI: Chinese smartphone maker Xiaomi Inc has asked banks ... Its float could be the world’s ”largest technology IPO” next year, according to one of the people. “It is huge,” said another source, adding that a valuation of US$100 billion ... ( read original story ...)

Shares of Bank of Shanghai (SHA:601229) last traded at 15.04, representing a move of -0.73%, or -0.11 per share, on volume of 9.96 million shares. After opening the trading day at 15.16, shares of Bank of Shanghai traded in a close range. Bank of Shanghai ... ( read original story ...)

(RTTNews.com) - The China stock market has moved lower in two straight sessions, giving away almost 15 points or 0.4 percent along the way. The Shanghai Composite Index now rests just beneath the 3,305-point plateau and it figures to extend its losses on ... ( read original story ...)