Hong Kong stocks outperformed Mainland China this week, hitting the 30,000 resistance level, following a year of lackluster returns compared to the Mainland. ByteDance rival Kuaishou has locked in ... ( read original story ...)
Shanghai identifies second medium-risk area
The Salvo Hotel Shanghai in the municipality's downtown Huangpu district became the city's second medium-risk area after six locally transmitted cases of COVID-19 were reported on Thursday, the city ... ( read original story ...)
Shanghai changes rules to stop couples from faking divorces as they vie for less up-front money to buy residential property
The move is an attempt to crack down on married couples who fake their separation on paper – but cohabiting in practise – to qualify for allotments or mortgage entitlement to buy property. ( read original story ...)
China’s Kuaishou and RLX raise IPO targets amid strong demand
Chinese companies seeking billions of dollars from initial public offerings in New York and Hong Kong are raising their fundraising targets amid uncertainty about whether U.S. President Joe Biden will ... ( read original story ...)
Shanghai Stock Exchange moves to cool down trading of listed funds
SHANGHAI, Jan 22 (Reuters) - The Shanghai Stock Exchange (SSE) halted trading in several listed funds on Friday, in an apparent effort to pour cold water on a retail buying frenzy. The exchange halted ... ( read original story ...)
Shanghai reports six confirmed COVID-19 cases
Six locally transmitted COVID-19 cases were reported in Shanghai on Thursday, the city government announced on Friday morning. The first case is a 56-year-old man who is a logistics worker at the ... ( read original story ...)
Shanghai Cases Rise to 6, Downtown Area Upgraded to Medium-Risk
Shanghai reported six new locally transmitted coronavirus cases on Thursday, the Shanghai Health Commission announced this morning. Case No. 1 is a 56-year-old male who lives in Huangpu district, and ... ( read original story ...)