BEIJING/SHANGHAI (Reuters) – Ten Chinese joint-stock banks raised objections to new central bank rules to tighten regulations on the asset management industry during a close-door meeting in Shanghai last week, three sources with knowledge of the matter ... ( read original story ...)
New Fuel Cell Engine Facility Commissioned in Shanghai
Shanghai Edrive, division of Broad-Ocean ... Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand. ( read original story ...)
Shanghai stock market sags on doubts over China’s ‘national team’
SHANGHAI -- China's benchmark stock index slipped to a low not seen in three and a half months amid signals that Beijing will rein in the share purchases by state-directed investors that have propped up the market. The Shanghai Composite Index fell 0.29% ... ( read original story ...)
In the World’s Strangest Bull Market, Most Stocks Are Falling
So what’s going on in Shanghai? In short, the market’s biggest companies are outperforming by an unusual degree -- propping up the benchmark gauge even as 724 of its 1,427 members post declines. The divergence has been driven partly by wagers that ... ( read original story ...)
Shenzhen-Hong Kong stock link sparks renewed appetite for mainland shares
The Shenzhen market's role was redefined in the 2000s to make it ... retail investors and basically closed to outsiders. If initiatives like the Shanghai and Shenzhen stock links and A-shares' inclusion in international indexes diversify the landscape ... ( read original story ...)
Shanghai subway to use Alibaba voice and facial recognition systems in AI push
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 ...)
Starbucks to Open Biggest Cafe in the World in Shanghai
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 ...)