China’s benchmark Shanghai Composite Index lost 1.2% on Monday, while the Shenzhen Component Index fell 0.4%. Shanghai’s tech-heavy STAR 50 Index gained 0.09% for the day, whi ... ( read original story ...)
As China’s market turnover sinks to two-year low, stock analysts ask if a turnaround or capitulation is imminent
Some analysts argue that selling pressure is close to ending and that stocks have a chance of turning around after a three-month setback A contrary point of view says fundamentals have not changed and ... ( read original story ...)
Shanghai’s ‘night economy’ faces uphill struggle four months after emerging from lockdown
Contradictions are everywhere in Shanghai, a commercial hub of 25 million people that emerged from a two-month lockdown in April and May The city wants to encourage spending at night time, but is also ... ( read original story ...)
Hong Kong Billionaire’s K. Wah Wins Shanghai Real Estate Bid, Sees “Excellent” Opportunity
K. Wah, though a subsidiary, will hold 60% of a joint venture in partnership with two state-owned companies to develop residential and commercial property in an area planned for artificial ... ( read original story ...)
Shanghai regulation to help boost AI
Shanghai's decision to boost the development of the artificial intelligence industry will promote the city's digital transformation and its efforts to build itself into an international AI highland, ... ( read original story ...)
Fashion festival showcases Shanghai’s Haipai culture
Shanghai is striving to revitalize the Haipai cultures, along with its Red cultures, which refers to the city's glorious revolutionary history since early last century, as well as the cultures of ... ( read original story ...)
China Construction Bank to set up US$4 billion rental housing fund
SHANGHAI: China Construction Bank (CCB) said it plans to set up a 30 billion yuan (US$4 billion) fund to finance rental housing, China's latest state-backed effort to aid the struggling property ... ( read original story ...)