Shanghai recorded 7.18 million visits from tourists during the three-day New Year holiday, up 16.27 percent from the same period a year earlier, the city's cultural and tourism authorities revealed on ... ( read original story ...)
Shanghai launches new online portal for expat services
Shanghai Municipal People ' s Government launched the beta version of a new online portal (english.shanghai.gov.cn) for expat services on Jan 1. Called International Services Shanghai, the new website ... ( read original story ...)
Chinese fintech giant Ant Group gets approval for no-controller status, ending Jack Ma’s reign before seeking IPO
The People’s Bank of China announced on Saturday that Alipay.com Co has no controller, paving the way for owner Ant Group’s IPO. ( read original story ...)
China Is Trying to Fix Its Property Market. The Outlook Isn’t Bright.
New home prices in China’s 70 big cities fell for a sixth month and values in the secondary market declined the most in nine years. Policy makers are trying out a wide range of measures to stabilize ... ( read original story ...)
China property: ordinary buyers eye foreclosed homes at heavy discounts as investors retreat from market
A growing number of ordinary homebuyers looking to occupy their house rather than invest are looking at properties that have been repossessed by banks as a supply surge brings prices even lower. ( read original story ...)
Grifols gains on plans to sell 20% of Shanghai RAAS stake to Haier
ADRs hit a 52-week high on Friday after the Spanish plasma therapeutics company announced an agreement to sell ~20% of its equity stake in Shanghai RAAS to Haier Group for about RMB 12.5B ($1.8B) in ... ( read original story ...)
HKbitEX and Shanghai Technology Exchange sign partnership as Pullix presale gains momentum
HKbitEX and the Shanghai Technology Exchange are set to revolutionize the digital economy. Their strategic collaboration focuses on asset tokenization solutions. ( read original story ...)