Sunwoda, China’s sixth-largest EV battery maker and among the top 10 globally, has begun receiving pre-listing training from a brokerage, a moved that brings it a step closer to an initial public ... ( read original story ...)
Shanghai couple sentenced for extortion after planting glass in food
A couple in Shanghai have been sentenced to jailtime and fined for repeatedly extorting money from restaurant owners by planting glass fragments in their food. The two defendants, surnamed Chen and ... ( read original story ...)
Hong Kong, Beijing and Shanghai move up in world ranking of HNWI cities
The projected growth of the number of ultra-wealthy in Chinese cities will far outstrip the average global growth rate over the next decade. ( read original story ...)
Shanghai Issues Guide for Second Round of Building New Infrastructure to Promote Digital Transition
(Yicai) Oct. 19 -- Shanghai's government has issued a three-year action guide for a second round of constructing new infrastructure to expand investment and promote its digital transition. ( read original story ...)
Hong Kong’s Stock Market Is Withering. China’s the Issue.
As Hong Kong’s shriveling stock market continues to shed billions in liquidity and trading volumes fall, even the bears are wondering if things have hit bottom. Until recently, the city’s exchange had ... ( read original story ...)
Shanghai releases new action plan for infrastructure
Shanghai's municipal government has released its latest action plan to boost infrastructure construction between 2023 and 2026, with computing power and high-speed communication network among the key ... ( read original story ...)
Beijing, Shanghai stay as favoured markets while China’s new home prices struggle for broad recovery despite easing measures
New home prices in China struggled to recover in September, with consumers showing their confidence in top-tier cities like Beijing and Shanghai. The market will face an extended L-shaped outlook, S&P ... ( read original story ...)