China Telecom, which staged the largest share sale on China's mainland this year, has fallen below the offering price despite the biggest shareholder's plan to increase its stake in the major mobile ... ( read original story ...)
Evergrande’s Biggest Lender Says Default Will Not Have ‘Significant Impact’ on Bank
Trying to dispel investor fears, some Chinese banks are disclosing what they are owed by the struggling real estate developer. ( read original story ...)
Shanghai to launch its first China-Europe freight train
China's economic hub of Shanghai will launch a freight-train service to Hamburg, Germany, on Tuesday, marking the first cross-border railway service between Shanghai and Europe, Shanghai Customs said ... ( read original story ...)
China’s attempts to alter status quo led to Galwan incident: MEA
India on Friday said that it was the provocative behavior and unilateral attempts of the Chinese side to alter the status quo in contravention of bilateral ag ... ( read original story ...)
Huawei Launches Airport Cloud-Network Solution to Accelerate Digital Transformation Toward Smart Airports
Huawei Launches Airport Cloud-Network Solution to Accelerate Digital Transformation Toward Smart Airports. SHANGHAI, China, Sept. 24, 2021 /PRNewswire/ -- At HUAWEI CONNECT 2021, ... ( read original story ...)
Alarmed by Evergrande, China’s lenders hold back on new credit for property developers
As fears of contagion from any default by China Evergrande Group mounted this month, some Chinese banks, insurers, and shadow banks stopped offering new credit to property developers, and ran urgent ... ( read original story ...)
Chinese Property-Management Sector’s Consolidation to Accelerate
The Chinese property-management (PM) sector’s consolidation will pick up in the next few years as homebuilders are expanding their market share quickly via M&A after the IPOs of their PM units in the ... ( read original story ...)