Greenland posts flat profit as property clampdown deepens

Shanghai-based Greenland Holdings, the mainland’s fourth-largest developer by sales, reported flat earnings for the first half of this year as governments tightened their grip on the real estate sector. Net income in the six months to June was valued at ... ( read original story ...)

Hyatt Regency Shanghai Global Harbor Opens in East China

Hyatt Hotels Corporation (NYSE: H) announced the official opening of Hyatt Regency Shanghai Global Harbor in Shanghai’s Putuo District. Hyatt Regency Shanghai Global Harbor marks the seventh Hyatt-branded hotel in Shanghai, joining Park Hyatt Shanghai ... ( read original story ...)

Financials, strong earnings buoy China stocks, HK also up

SHANGHAI, Aug 28 (Reuters) - Chinese stocks extended a hot summer rally on Monday, spurred by financial shares and forecast-beating results from state industrial giants ranging from coal miner Shenhua to refiner Sinopec. Sentiment was also bolstered by ... ( read original story ...)

Shanghai tech company fined for emoticons on war-time sex slaves

A Shanghai tech company has been fined for making emoticons based on comfort women, police said. Shanghai Siyanhui Technology was fined 15,000 yuan and ordered to suspend operations for two months for making the emoticons, the Shanghai municipal public ... ( read original story ...)

Shanghai firm fined for disgracing ‘comfort women’

A Shanghai tech firm was fined for making emoticons based on “comfort women”, police said on Monday. Shanghai Siyanhui Technology Co., Ltd. was fined 15,000 yuan ($2,255) and ordered to suspend operations for two months for making the emoticons which ... ( read original story ...)