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Posted on 29/12/2023

China ups the ante in bid to rival SpaceX’s Starlink as G60 megaconstellation satellite rolls off the production line in Shanghai

China’s second low-earth satellite megaconstellation to provide broadband internet services began production in Shanghai on Wednesday, amid a push to explore potential in the space technology industry ... ( read original story ...)

Posted on 28/12/2023

Former China central bank official jailed for 16 years for graft – Caixin

A former Chinese central bank official has been sentenced to 16 years and six months in prison for taking bribes, leaking state secrets and insider trading as the ruling Communist Party tightens its ... ( read original story ...)

Posted on 28/12/2023

Industrial Bank Becomes First Chinese Bank to Maintain MSCI’s Top ESG Rating for Five Consecutive Years

Industrial Bank (Shanghai:601166) ("the Bank") announced a significant upgrade, from A to AA, in the 2023 Environmental, Social, and Governance (ESG) rating by MSCI, a leading global index provider. ( read original story ...)

Posted on 28/12/2023

HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions

HKbitEX partners with Shanghai Technology Exchange to develop asset tokenization (RWA) solutions for tech companies. ( read original story ...)

Posted on 28/12/2023

Shanghai Composite, China A50 burn investors after $33B outflow

China burned investors again in 2023 as concerns about the second-biggest economy continued. The Shanghai Composite index underperformed its global peers like the S&P 500 and Nasdaq 100 index. It was ... ( read original story ...)

Posted on 28/12/2023

Holocaust survivor Anita Koch recalls her escape to Shanghai

During World War II, Shanghai, China saved an estimated 20,000 European Jewish lives by welcoming refugees fleeing the Nazis. Many countries refused to offer visas to Jews. Shanghai had no ... ( read original story ...)

Posted on 27/12/2023

EMERGING MARKETS-Stocks jump, led by heavyweight China shares; FX steady

Hong Kong shares gain on gaming companies rebound * Rouble little changed ahead of economic data * Stocks rise 1%, FX up 0.1% By Siddarth S Dec 27 (Reuters) - Emerging markets stocks rose to their ... ( read original story ...)

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