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Posted on 29/08/2023

China hedge fund founder buys US$39 million Shanghai villa at discount in online Taobao auction

The founder of a top quantitative hedge fund in China bought a villa in Shanghai for 285.5 million yuan (US$39 million) in an online auction, scooping up one of the city’s most expensive homes for ... ( read original story ...)

Posted on 29/08/2023

China Quant Founder Buys $39 Million Shanghai Villa in Auction

The founder of a top quantitative hedge fund in China bought a villa in Shanghai for 285.5 million yuan ($39 million) in an online auction, scooping up one of the city’s most expensive homes for less ... ( read original story ...)

Posted on 29/08/2023

Shanghai copper gains, Fed rate hike worries cap gains

The most-traded October copper contract on the Shanghai Futures Exchange ended day-time trade 0.1% higher at 68,900 yuan ($9,446.77) per metric ton, after a 1.1% climb in the previous week. Fed Chair ... ( read original story ...)

Posted on 29/08/2023

BRICS: A China-Led Group Looking for Relevance

Everything that is being proposed at the BRICS summit is already being done – often more effectively – at the bilateral level by China. ( read original story ...)

Posted on 29/08/2023

Xuhui district of Shanghai extends deals with Japanese partners

Currently, more than 300 Japanese companies have established themselves in Xuhui district, a core urban district of Shanghai, and they continue to grow and expand. Xuhui district mayor, Zhong Xiaoyong ... ( read original story ...)

Posted on 29/08/2023

Will China’s Recent Financial Policy Patchwork Mend Alibaba And Tencent?

China's Ministry of Finance reduced its "stamp duty" on securities transactions to 0.05% over the weekend — an effort to spur market activity and boost sentiment. ( read original story ...)

Posted on 28/08/2023

METALS-Shanghai copper extends gains, Fed rate hike worries cap gains

Shanghai copper prices climbed slightly on Monday, supported by Beijing's latest measures to boost its stock market, though concerns about more interest rate hikes by the U.S. Federal Reserve capped ... ( read original story ...)

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