We explain the benefits of obtaining a Chinese permanent residence ID card, application process, and key eligibility criteria, with a focus on Shanghai. ( read original story ...)
Shanghai Composite Index Rose 0.32% on Wednesday
China’s benchmark Shanghai Composite Index gained 0.32% on Wednesday, while the Shenzhen Component Index closed nearly flat. Shanghai’s tech-heavy STAR 50 Index gained 0.58% f ... ( read original story ...)
China property: tax authorities’ enhanced oversight of land-sale revenue seen as ‘mixed bag’, and runaway prices may drop
New method of collecting money from land sales is intended to help China’s tax authorities better trace the flow of funds and defuse local debt risks. ( read original story ...)
Hong Kong stocks end flat as energy losses offset property gains
Hong Kong stocks ended flat on Tuesday, with losses in energy and tech firms offset by gains for property companies, while Sino-U.S. tensions weighed on investor sentiment. ** At the close of trade, ... ( read original story ...)
Icon Shareholder Suit Claims IP Expropriation to China
A group of minority shareholders have filed a lawsuit against majority shareholders saying they are attempting to move Icon Aircraft IP to China. ( read original story ...)
China Launches Its First REITs, or Does It?
Ever since I moved to Asia in early 2001, China has been blathering about getting REITs off the ground. There's been a lot of talk, and precious little action. Several times, China claimed to have ... ( read original story ...)
China Evergrande says it is arranging payment for unpaid commercial paper
Indebted property developer China Evergrande Group said on Monday that it was arranging payment for some of its project companies' commercial ... ( read original story ...)