With surging volume, both Hong Kong’s Hang Seng Index and mainland China’s Shanghai Composite soared more than 2% yesterday, challenging key resistance levels. ( read original story ...)
Alibaba Cloud announces business expansion in Southeast Asia
Alibaba Cloud, the cloud computing arm of China's internet giant Alibaba, on Thursday (July 2) announced the building of its third data centre in Indonesia, and the formation of a cloud ecosystem ... ( read original story ...)
IPOs in Hong Kong and Shanghai pop, despite pandemic, tensions with the U.S.
Initial public offerings (IPOs) in greater China jumped in the first half of this year, bucking the declines seen elsewhere due to the impact of the coronavirus pandemic. ( read original story ...)
Shanghai International Film Festival to Run in Late July (EXCLUSIVE)
The Shanghai International Film Festival is planning to take place in-person later this month, likely from July 18-27, according to Chinese and Iranian reports. Other large, in-person ... ( read original story ...)
Chinese Navy’s Missing Aircraft Carrier Found In Shanghai
In June it was reported that the Chinese Navy’s new aircraft carrier, the Type-003, had disappeared from its purpose built construction site in a Shanghai shipyard. A new candid photograph confirms ... ( read original story ...)
JD.com’s fintech arm prepares for IPO in Shanghai’s Star Market
JD Digits, formerly known as JD Finance, has expanded its range of activities to include projects in artificial intelligence, blockchain and data technologies. ( read original story ...)
Hangzhou first major Chinese city to curb property deals after spike
Hangzhou, China's answer to Silicon valley, imposed new restrictions on property transactions on Thursday, after cheap credit and a relaxation of residency permits fed a demand surge. ( read original story ...)