BlackRock is seeking to sell an office complex in Shanghai at about a 30 per cent discount to its purchase price, people with knowledge of the matter said, reflecting the sluggish commercial property ... ( read original story ...)
Shanghai Electric Power extends deadline to acquire K-Electric by 90 days
Shanghai Electric Power Company Limited (SEP) has extended its deadline to acquire 18.3 million ordinary shares i.e. 66.40% of the total issued and paid-up capital of K-Electric Limited (KEL) by 90 ... ( read original story ...)
Exclusive-China Moves to Support Yuan as Stock Markets Tumble – Sources
SHANGHAI/BEIJING (Reuters) - China's major state-owned banks moved to tighten yuan liquidity in the offshore foreign exchange market on Monday, actively selling U.S. dollars onshore, four sources with ... ( read original story ...)
Stock market today: Asian shares follow Wall Street gains, Hong Kong stocks near 15-month low
Shares rose in most Asian markets Monday after Wall Street returned to record heights Friday, while Hong Kong’s benchmark dropped more than 2%, hovering near a 15-month low ... ( read original story ...)
Tencent, AIA pace Hong Kong stock slump, Hang Seng falls below 15,000 as China banks hold rates in snub to easing bets
Hong Kong stocks slumped towards a 15-month low to pile on losses from a three-week rout, after China kept lending rates tied to mortgages unchanged, disappointing investors betting on measures to ... ( read original story ...)
Holocaust refugees recall sheltering in Shanghai
Arriving with Lindenstraus were about 18,000 Jewish refugees who fled Nazi-occupied areas of Europe and settled in Shanghai from 1933 to 1941 to escape the Holocaust, as the Chinese city was among the ... ( read original story ...)
Shanghai reports foreign trade growth in 2023
This photo taken on Sept. 17, 2023 shows a view of the automated container terminal of Shanghai Yangshan Deep Water Port in east China's Shanghai. [Photo/Xinhua] Shanghai's imports and exports climbed ... ( read original story ...)