Shanghai launched its attempt at 5G applications in the marine sector earlier. The action plan rolled out in March 2022 to promote 5G applications in smart manufacturing, steel and ports is a good ... ( read original story ...)
Contagion fears spread as China property sector cash crunch intensifies
FILE PHOTO: The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo (Reuters) -Turmoil at ... ( read original story ...)
Experts see stock decline ending soon
Yang Delong, chief economist of First Seafront Fund, said that if local property market policies are relaxed at an appropriate time and with adequate strength as per a city's situation, investors' mood will pick up, leading to a market rally. ( read original story ...)
Jinxin Technology Begins U.S. IPO Rollout
Jinxin Technology Holding Company, a digital content provider for K-9 students in China, filed for $5M IPO. Click here for my take on the upcoming JTHC IPO. ( read original story ...)
Stock Market Today: Asia Follows Wall Street Lower After US Data Revive Fears About Rate Hike
Asian stock markets have tumbled after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again ... ( read original story ...)
China’s Shadow Banks Could Be Another Property Casualty
Missed payments from a well-connected trust firm come as China’s property market sinks again—and banks step back. ( read original story ...)
Shanghai Woman in Focus as Probe Shows Fear of Capital Flight
Chinese state-run media outlets are adding credence to speculation that an executive who helps wealthy families move their money to the US was among those detained last week for illegal currency ... ( read original story ...)