Prada’s subsidiary in Shanghai has won a legal dispute to freeze Secoo’s assets. But this is only the tip in the iceberg for the beleaguered retailer. ( read original story ...)
SMM Evening Comments (Aug 5): Shanghai Nonferrous Metals Closed All with Gains amid Warming Market Sentiment
Shanghai nonferrous metals closed all with gains after overnight US dollar index dropped ahead of the release of US non-farm payrolls, despite hawkish voices from the US Fed earlier. SHANGHAI, Aug 5 ... ( read original story ...)
China’s Central Banks Unveils Second-Half Plan to Boost Shanghai’s Economic Recovery
The People’s Bank of China’s Shanghai branch held a second-half working conference in which it unveiled a plan to support the accelerated economic recovery of the eastern Chinese city. The PBOC shall ... ( read original story ...)
Shanghai issues alert for extreme heat
The Central Meteorological Observatory issued an orange alert for extreme heat on Friday morning, stating that temperatures are likely to exceed 37 C in most areas in the city. According to the ... ( read original story ...)
Shanghai wants to dim light pollution
Shanghai has become the first city in China to legislate against light pollution, and with the newly revised municipal environmental protection regulation taking effect on Monday, offenders will face ... ( read original story ...)
Alibaba-backed AI Speech moves forward with Star Market listing plan, aiming to raise US$1.5 billion in Shanghai IPO
AI Speech, a speech recognition and AI chip company, enters into the Q&A portion of the Shanghai bourse listing application it filed in July The company is in the early stage of a vetting process that ... ( read original story ...)
Lufax Reports Second Quarter 2022 Financial Results
Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced its unaudited financial results for the second ... ( read original story ...)