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Posted on 18/07/2023

China June property sales fall at fastest clip this year

Lights are seen reflected on a window as a man works on renovating an office building near residential buildings in Beijing, China August 12, 2019. Picture taken August 12, 2019 through a w ... ( read original story ...)

Posted on 18/07/2023

Property investment falls 7.9% in H1 as market shifts to steady growth

China's first-half property investment fell 7.9 percent year-on-year to 5.86 trillion yuan ($819.7 billion), according to data released by the National Bureau of Statistics (NBS) on Monday. "The real ... ( read original story ...)

Posted on 17/07/2023

Star fund manager Qiu Dongrong trims holdings in Chinese property developers, bets on aluminium smelter to navigate tough investment climate

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 ...)

Posted on 17/07/2023

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 ...)

Posted on 17/07/2023

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 ...)

Posted on 17/07/2023

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 ...)

Posted on 17/07/2023

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 ...)

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