Alibaba Group stunned investors when it announced that it would suspend the listing plan of its cloud computing unit, while also revealing that cofounder Jack Ma intends to sell some of his shares. ( read original story ...)
Shanghai’s New Home Sales Cool; Some Developers Extend Downpayment Period to Spur Interest
(Yicai) Nov. 17 -- Sales of newly built residential properties in Shanghai are slowing, less than two months after the megacity eased curbs on housing loans, and a number of developers are rolling out ... ( read original story ...)
Stock market today: Asian stocks pulled lower by profit warnings and signs the US economy is slowing
Asian stocks were mostly lower Friday after Wall Street drifted to a mixed finish as momentum slowed following a strong rally in the first half of November. U.S. futures and oil prices edged higher. ( read original story ...)
Alibaba’s U-turn on cloud unit spin-off lops $20 billion off its market value
Alibaba Group's Hong Kong shares slumped 10% on Friday after it scrapped plans to spin off its cloud business, citing uncertainties fuelled by U.S. curbs on exports to China of semiconductors used in ... ( read original story ...)
Exclusivity the name of the game as luxury firms target China’s wealthiest for growth
The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang. Shanghai-based Wang, an investor who also owns a ... ( read original story ...)
Xinhua Silk Road: Scientific technology fair held in E. China’s Shanghai highlights sci-tech achievement application
BEIJING, Nov. 16, 2023 /PRNewswire/ -- The 6th Scientific Technology Fair for Yangtze River Delta Region kicked off on Wednesday in Jiading District of east China'sShanghai and will run until Friday, ... ( read original story ...)
5 Exciting Careers You Could Launch After An MBA In Shanghai
As one of the top three MBA programs in China, according to the Financial Times, companies that recruit from the Fudan IMBA include the likes of investment banking and asset management firm, Caitong ... ( read original story ...)