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Posted on 12/08/2020

New World Development to pay US$592 million for Shanghai site in first major deal by scion of Hong Kong property empire

New World Development wins the bid for a prime commercial site near Shanghai’s Xintiandi, in the first major land deal by the heir to Hong Kong’s fourth-largest property group. ( read original story ...)

Posted on 12/08/2020

iQIYI’s Original Series “The Thunder” Wins Magnolia Awards at 2020 Shanghai TV Festival

PRNewswire/ -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, is pleased to announce that its original drama ... ( read original story ...)

Posted on 12/08/2020

Fintech unicorn Lufax, backed by China’s biggest insurer, Ping An, said to be secretly applying for US IPO

Lufax, which runs an online wealth management platform and retail lending technology platform, has hired Bank of America, Goldman Sachs, HSBC and UBS to bring in investors, the people familiar said. A ... ( read original story ...)

Posted on 12/08/2020

WeWork Recently Sold Its Education Businesses. Now It’s Turning to Education for Business.

WeWork recently sold its preschool and coding bootcamp. But it is not out of the education business yet. In an effort to find tenants for its coworking ... ( read original story ...)

Posted on 12/08/2020

China stocks drop most in two weeks on weak global sentiment, bank lending data

Chinese shares fell on Wednesday and were on course for their worst day in over two weeks due to souring global market sentiment and data showing softer growth in bank lending. ** At the midday break, ... ( read original story ...)

Posted on 12/08/2020

Hong Kong Investor, NPS Seek Buyer for Shanghai Mall

Hong Kong real estate investor Phoenix Property Investors HK Ltd. and South Korea’s National Pension Service are considering selling a shopping mall they jointly own in Shanghai, according to people ... ( read original story ...)

Posted on 12/08/2020

LPGA Shanghai tournament cancelled over coronavirus

The LPGA Tour on Wednesday cancelled its Shanghai tournament after China said it will not hold most international sports events this year because of coronavirus. LPGA Shanghai, won last year by ... ( read original story ...)

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