Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market debut Tuesday, tumbling as much as 38% from their listing price. ( read original story ...)
A glimpse into Shanghai’s evolution through eyes of Lao visitors
The Lao delegation visits the newsroom of Jiefang Daily at Shanghai United Media Group on Monday. At SUMG, augmented reality technologies and AI-driven digital personas capable of hosting livestreams ... ( read original story ...)
Hong Kong’s biggest IPO of 2024 flops
Hong Kong’s stock exchange is ranked 10th on the LSEG’s global IPO stock exchange rankings in the first quarter, behind Mumbai and Shanghai, despite listings on the mainland also collapsing to record ... ( read original story ...)
Chinese bubble-tea maker Chabaidao sinks 27% on Hong Kong debut as investors offload shares in biggest IPO of the year
Chabaidao's shares closed the day at HK$12.80 after slumping as much as 38 per cent in intraday trading China's third-largest tea drinks chain raised about HK$2.6 billion (US$331.7 million) from the ... ( read original story ...)
Shanghai interbank offered rate rises modestly on Tuesday
On Tuesday, the Shanghai Interbank Offered Rate (Shibor), a key indicator reflecting the borrowing costs within China's interbank market, saw a modes ... ( read original story ...)
Young Chinese are trading Shanghai for small cities. Brands like KFC are following them with thousands of stores.
Economic troubles in metros like Beijing and Shanghai are pushing people to move to smaller cities, where they have more disposable income. ( read original story ...)
Shanghai Museum hosts Prado’s Mona Lisa
A History of Spain in the Museo del Prado, running in Shanghai's Museum of Art Pudong from Apr 23 to Sept 1, marks the largest presentation of the Prado Museum's collection in China. [Photo provided ... ( read original story ...)