The rally among Shanghai blue-chips will likely continue as earnings improve, whereas the valuations of smaller-caps will remain pressured by the ongoing financial crackdown, according to Shenwan Hongyuan. “A simultaneous rise in risk-free interest rates ... ( read original story ...)
Tech Industry Innovators Come Together at CES Asia 2017
Visit CESAsia.com for more information on how to attend or exhibit. Owned and produced by the Consumer Technology Association (CTA) TM and co-produced by Shanghai Intex Exhibition Co., Ltd (Shanghai Intex), CES Asia is the premier event for the consumer ... ( read original story ...)
Mobile Technology Comes to Life for Local Consumers at MCW Shanghai
Visitors seeking the latest and greatest in mobile technology will get the opportunity to try out the newest devices, gadgets and experiences at the upcoming GSMA Mobile World Congress Shanghai, taking place at the Shanghai New International Expo Centre ... ( read original story ...)
Beijing’s financial crackdown puts Hong Kong shares way ahead of mainland peers
and Air China’s Shanghai tranche trades at a 49 per cent price premium. The performances of the two markets have diverged more since April after top policy makers introduced a raft of measures to clean up the financial sector. In a Politburo meeting ... ( read original story ...)
Desperate owners demand Shanghai rethinks rule changes on commercial-turned residential sites
The Shanghai government’s sudden decision last month to target converted apartments built on land that was originally acquired for commercial or office use, has left hundred of thousands of buyers in despair and in limbo. For many non-local residents ... ( read original story ...)
Copper falls on Shanghai inventories, $US
STEEL: Shanghai rebar ended 3.9 per cent lower on Monday, marking eight consecutive days of falls, with traders brushing aside news of a new campaign to cut steel capacity in Tangshan. * OTHER METALS: Nickel ended down 0.1 per cent at $US8,915, aluminium ... ( read original story ...)
China’s credit expansion cooled in May amid crackdown on shadow banking, analysts say
“There has been a clear trend of diminishing shadow banking,” said Chen Ji, a senior researcher at Bank of Communications in Shanghai. “Banks’ credit expansion is very likely to slow down amid Beijing’s drive to reduce leverage among the ... ( read original story ...)