Qiu Dongrong at Zhonggeng Fund Management increased his investments in China Hongqiao, one of the world’s biggest aluminium smelters, and short-video platform Kuaishou Technology in the second quarter ... ( read original story ...)
Shanghai’s New Home Sales by Area Were Highest So Far This Year in June
(Yicai Global) July 4 -- The sales area and supply of newly-built houses in Shanghai soared to the highest this year in June. ( read original story ...)
China central bank keeps rate, rolls over medium-term policy loans
SHANGHAI/SINGAPORE (Reuters) -- China's central bank rolled over maturing medium-term policy loans and kept the interest rate unchanged as expected on Monday, however markets expect authorities will ... ( read original story ...)
World Expo Museum in Shanghai extends opening hours from May 12 to Sept. 10
People take part in an interactive painting activity at the World Expo Museum in Shanghai, east China, July 16, 2023. The World Expo Museum in east China's Shanghai extends its opening hours on every ... ( read original story ...)
Alibaba-Backed AI Startup Megvii Revives Shanghai IPO Dreams
Ant Group and Taobao China Holding, two affiliates of e-commerce giant Alibaba Group Holding, hold a combined 29.4 percent stake in Megvii, according to the prospectus. But founders Yin Qi, Tang ... ( read original story ...)
Shanghai to foster new growth drivers with AI technology
Shanghai will consolidate its foundation of the AI industry, strengthen the development of multimodal and large models, enhance its competitiveness in new fields such as intelligent content creation ... ( read original story ...)
Stock market today: Asian shares mostly lower after China reports weaker than expected growth in 2Q
The Shanghai Composite index dropped 1.2% to 3,199.17 after China reported its economy grew at a 6.3% annual pace in April-June. That’s better than the 4.5% expansion in the January-March quarter but ... ( read original story ...)