The continually worsening Chinese economy, amid increased scrutiny toward companies listed on stock exchanges, has prompted the cancelation of an initial public offering (IPO) listing from Ocean ... ( read original story ...)
China’s Shanghai Eases Mortgage Rules for First-Time Home Buyers
BEIJING (Reuters) - China's financial hub of Shanghai on Friday announced it would allow first-home home buyers to enjoy preferential mortgage rates regardless of previous credit records. The eased ... ( read original story ...)
Shanghai gives more homebuyers first-time status to boost market
Shanghai lowered mortgage requirements for some homebuyers following central government guidance, loosening barriers for property ownership in one of the country’s most prized locations. The city will ... ( read original story ...)
Shanghai Disney Resort to open third themed hotel
Shanghai Disney Resort has announced the commencement of construction of its third themed hotel in Shanghai, China. This addition is expected to strengthen the resort's reputation as a multi-day ... ( read original story ...)
Shanghai’s Former Chief Prosecutor Pleads Guilty in $6.6 Million Bribery Case
What’s new: Shanghai’s former top prosecutor has pleaded guilty to taking more than 48 million yuan ($6.6 million) in bribes, as China’s anti-corruption crackdown on law enforcement and the judiciary ... ( read original story ...)
China’s IPO Market Was a World-Beater. Now It Is on Hold.
The Shanghai and Shenzhen exchanges haven’t accepted new applications ... The standstill takes the air out of what had been one of the world's most resilient IPO markets this year, with six of 2023's ... ( read original story ...)
Stock market today: Asian shares trade mixed ahead of a key US jobs report
Asian shares are trading mixed as investors looked toward a United States jobs report being released later in the day ... ( read original story ...)