Investors are growing skeptical that Chinese developer stocks will stage a rebound this year, as Beijing’s reluctance to unleash sweeping stimulus deepens pessimism about the sector.A gauge of ... ( read original story ...)
A shelter for Shanghai’s homeless
Texan Jimmy McWhinney set up a ‘renewal’ centre for those in need. But first he had to persuade people to come ... ( read original story ...)
Shanghai Court Reveals Stablecoins Were Used in Illegal USD905 Million Forex Case, Report Says
(Yicai) July 18 -- A Shanghai court has made public a case in which stablecoins were used to facilitate illegal foreign‑exchange trades totaling CNY6.5 billion (USD905 million), according to a media ... ( read original story ...)
China renewable energy company grabs attention with $2.5bn IPO
HONG KONG -- Huadian New Energy, a state-owned renewable energy producer, made waves with its initial public offering in Shanghai on Wednesday, both due to it becoming one of the biggest IPOs in the ... ( read original story ...)
Factbox-Wells Fargo’s business in China, where senior executive faces an exit ban
HONG KONG (Reuters) -Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source said, bringing the U.S. bank's operations in the world's second-largest ... ( read original story ...)
Shanghai to launch new round of consumer vouchers worth $70m
Shanghai will launch a new round of consumer vouchers worth 500 million yuan ($69.6 million) in the second half of 2025 to boost spending across dining, tourism, entertainment, culture, and sports ... ( read original story ...)
Wells Fargo’s business in China, where senior executive faces an exit ban
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source said, bringing the U.S. bank's operations in the world's second-largest economy into focus. ( read original story ...)