U.S. stock futures were trading mixed early Friday as traders gauged August’s hotter-than-expected Consumer Price Index (CPI) data along with ... ( read original story ...)
Kwek Leng Beng reaffirms Hong Leong’s China bet during meeting with Shanghai’s top party official
Kwek said Hong Leong group could take part in government-backed funds for high-tech firms, innovative enterprises. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Shanghai court orders culprits and their parents to pay $300,000 over Haidilao urination incident
Haidilao Photo; VCG. After police detained two individuals for urinating in a hotpot at a Haidilao restaurant in Shanghai — an act that sparked widespread public discussion — ... ( read original story ...)
China central bank to better regulate cross-border yuan financing between banks
China's central bank said on Friday it plans to better regulate cross-border yuan financing between banks, and promote offshore use of the Chinese currency. China is ramping up the pace of yuan ... ( read original story ...)
CapitaLand Commercial C-Reit’s public offer 535 times subscribed; 2.29 billion yuan raised from its Shanghai IPO
CapitaLand Investment, CapitaLand China Trust, CapitaLand Development to hold 20% of offer units Read more at The Business Times. ( read original story ...)
Singapore’s CapitaLand C-REIT raises $322 million in oversubscribed China IPO
Singapore's CapitaLand Commercial C-REIT (CLCR) has raised 2.29 billion yuan ($321.7 million) from its initial public offering (IPO) on the Shanghai Stock Exchange, parent CapitaLand Investment said ... ( read original story ...)
Hong Leong has ‘abundant opportunities’ for greater Shanghai, China collaboration: Kwek Leng Beng
These can include participating in the city’s government funds, with proceeds disbursed to companies in the high-tech innovation space or with global consumer connections Read more at The Business ... ( read original story ...)