Shanghai nonferrous metals closed all with gains following a series of US labour market readings released last Friday, which eased market worries that the Fed would stick to aggressive rate hikes to ... ( read original story ...)
China’s 2022 property sector outlook worsens, home prices seen falling
Woes in China's residential property market are expected to deepen this year as homebuyers remain cautious, with economists now expecting home prices to fall in 2022 and betting on a faster drop in ... ( read original story ...)
China’s financial hub dream for Shanghai 2020 still distant
SHANGHAI--China's commercial capital of Shanghai is still far from its goal of becoming a global financial hub by 2020 due to hurdles such as capital controls and a lack of consistent rules ... ( read original story ...)
Shanghai switches off landscape lights as Typhoon Hinnamnor approaches
A visitor braves the train to take photos on the Bund in Shanghai, Sept. 4, 2022.Photo:China News Service Visitors enjoy the view of Lujiazhui on the Bund in Shanghai, Sept. 4, 2022.Photo:China News ... ( read original story ...)
Rising Electricity Prices Pushed up Smelters’ Costs
While prebaked anode benchmark purchase prices dropped slightly in September, rising coal prices and the arrival of the dry season led to an increase in the power costs of aluminium smelters. SMM data ... ( read original story ...)
China’s property crisis sinks all as Vanke services arm faces investors in Hong Kong’s moribund IPO market
New stock offerings have been a failure for investors who took part in deals involving Chinese property management services firms this year. Many such IPOs since 2019 have tanked. China Vanke will ... ( read original story ...)
Shanghai’s Yangshan port halts operations as Typhoon Hinnamnor strengthens
Shanghai's major container port of Yangshan has suspended terminal operations as Typhoon Hinnamnor approaches the east China coast, state media CCTV reported, citing the local maritime authority. ( read original story ...)