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Posted on 31/10/2023

Shanghai turns industrial parks into innovation high-ground

As Shanghai is building itself into an innovation center with global influence, industrial parks are seeing more opportunities as an important sector to attract and hold industrial corporations, a ... ( read original story ...)

Posted on 31/10/2023

Shanghai attacks ‘wet waste’ with facility to turn kitchen garbage into useful materials, boost industrial development

The US$227 million plant will be able to handle 2,000 tonnes of kitchen garbage per day, turning it into compost or methane. ( read original story ...)

Posted on 31/10/2023

British bank expects BSP to maintain policy interest rate at 6.5% this year

Hongkong and Shanghai Banking Corp. said over the weekend it expects the Bangko Sentral ng Pilipinas to maintain the monetary policy settings in its last two meetings of the year as inflation would ... ( read original story ...)

Posted on 30/10/2023

China tech IPOs decline as regulators turn tough on start-ups

In a regulatory inquiry in July, the Shanghai Stock Exchange asked Yeestor Microelectronics, a Shenzhen-based manufacturer of flash memory control chips that filed for a Star IPO last year, whether a ... ( read original story ...)

Posted on 30/10/2023

China slams the brakes on Ant Group’s $37 billion listing

The Shanghai stock exchange announced that it had suspended the company’s initial public offering (IPO) on its STAR Market, prompting Ant to also freeze the Hong Kong leg of the dual listing ... ( read original story ...)

Posted on 30/10/2023

More Chinese firms buyback shares as Beijing seeks to stabilize market

More than 30 Chinese listed companies unveiled share buyback and purchase plans over the weekend while major mutual fund house E Fund Management Co said it would invest in its own product as Beijing ... ( read original story ...)

Posted on 30/10/2023

Stock market today: Asian shares mostly gain as corporate profits top forecasts and oil prices fall

Asian shares advanced Wednesday, tracking gains on Wall Street after Verizon and other big companies reported fatter profits for the summer than expected. Benchmarks rose in Hong Kong, Tokyo and ... ( read original story ...)

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