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Posted on 29/09/2021

Evergrande to sell $1.55 billion bank stake to state company

Chinese real estate giant Evergrande on Wednesday announced it would sell a 19.93 percent stake in commercial Shengjing Bank to a state-owned conglomerate for 9.99 billion yuan ($1.55 billion). After ... ( read original story ...)

Posted on 29/09/2021

Shanghai builds basic framework for global innovation center

Shanghai's efforts to build itself into a science and technology innovation center with global influence have contributed to achievements with preset goals during the 13th Five-Year Plan achieved, ... ( read original story ...)

Posted on 29/09/2021

Shanghai launches its first China-Europe freight train

China economic hub of Shanghai launched a freight-train service to Hamburg Germany on Tuesday marking the first cross-border r ... ( read original story ...)

Posted on 29/09/2021

Shanghai, Hong Kong stocks fall on overnight Wall Street losses, China power crunch

Shanghai and Hong Kong shares dropped on Wednesday, tracking overnight Wall Street losses and hit by China's worsening power crunch, as investors exited Chinese stocks vulnerable to factory shutdowns ... ( read original story ...)

Posted on 29/09/2021

Shanghai stainless steel extends losses as power curbs hit demand

Chinese stainless steel futures dropped more than 3% on Wednesday, declining for a fourth straight session, as demand for the metal was dampened by slowing manufacturing activities amid a power crunch ... ( read original story ...)

Posted on 29/09/2021

The initial rise and fall of metal trading shows that Shanghai and tin are up more than 1%. Black is more than floating red [SMM Review]

SMM September 29th: the dollar showed a strong trend in early trading today. Powell said yesterday that economic growth "continues to strengthen", but the rise in inflation is likely to last longer ... ( read original story ...)

Posted on 29/09/2021

2G/3G Phase Out, SIMCom Innovates LTE Cat.1 & LPWA module solutions

SIMCom Wireless Solutions Limited (SIMCom) held a webinar 'LPWA and Cat.1 is Booming with 2G/3G Sunset' on Sep 22 successfully, which ... ( read original story ...)

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