In four days, Shanghai fell 6%, a two year minimum. Hong Kong and Seoul also mark losses. Trump's threats weigh on $ 200 billion worth of Chinese export products. But the problem remains Chinese state debt. The assurances of Yi Gang and the injection of ... ( read original story ...)
Survey finds HK business favor mobile banking
... Internet banking with about 70 percent of local companies preferring mobile to internet banking, according to a survey by Hongkong and Shanghai Banking Corporation. "Hong Kong companies are expanding their supply chains to conduct business all over ... ( read original story ...)
What rebound? China’s huge number of oversold stocks signals equity market woes aren’t over
A brief rebound ensued before it lost steam quickly and the market resumed its declines. The Shanghai Composite is now the worst-performing benchmark among the world’s major stock markets this year with a 12 per cent loss. While policymakers are sticking ... ( read original story ...)
Shanghai, Hong Kong stocks plunge on trade war fears
Pedestrians walk past a stocks display board after the Hang Seng Index closed at 29468.15, a loss of 2.78 percent, in Hong Kong on June 19, 2018.Hong Kong and Shanghai stocks led a sell-off across Asian and European markets June 19 on rising fears of a ... ( read original story ...)
Xiaomi to Debut in Hong Kong First After Postponing Shanghai IPO
Xiaomi Corp. has decided on a Hong Kong initial public offering before listing in Shanghai, backtracking on a key portion of one of the year’s most anticipated stock market debuts. The smartphone maker aims to list in the former British colony before ... ( read original story ...)
Kyiv intends to expand cooperation with Shanghai
Deputy Chairman of Kyiv City State Administration Dmytro Davtian said this after a meeting with the delegation from Shanghai led by the vice mayor of the city, Xu Kunlin, the KCSA’s press service informed. "I consider China in general and Shanghai in ... ( read original story ...)
BMW opens new R&D centre in Shanghai
As one of the most vibrant cities in China, Shanghai is in touch with the latest trends and represents the cutting edge of technology and innovation. It has become the spearhead of innovation for BMW's R&D network in China and an incubator for future ... ( read original story ...)