SHANGHAI-China's stocks recouped early losses sparked by a slide on Wall Street and ended higher on Monday, underpinned by robust gains in banking and transport shares that offset a slump in consumer shares. At the close, the Shanghai Composite Index was ... ( read original story ...)
Huangpu East Bank Urban Forest
A major transformation of the east bank of Shanghai’s Huangpu River was proposed by the East Bank Group; initiating an international design competition to master plan 21-kilometres of the waterfront. The challenge was to further unlock the city’s ... ( read original story ...)
Cats, rats and what a fistful of dodgy dollars in the desert tells us about China’s banking system
The revelations come hard on the heels of another banking scandal. Regulators said last month that the Chengdu branch of Shanghai Pudong Development Bank, which had reported “zero” non-performing loans for years, had used 1,493 shell companies to hide ... ( read original story ...)
SPD Bank opens London branch
Shanghai Pudong Development Bank will open its first London branch on Tuesday, the latest in a series of Chinese banks opening offices in the city. Over the past four years, four Chinese banks have established London branches before SPD Bank opened theirs ... ( read original story ...)
Shanghai Henlius Biotech Inc is reportedly planning its IPO offering
As Hong Kong is looking to overhaul its traditional IPO rulings in order to create further competition with New York, Shanghai Henlius Biotech is set to benefit from these changes. Bloomberg has reported that the company is looking to go public under the ... ( read original story ...)
China’s Okay Airways Plans China IPO Around 2021, Executive Says
In the run-up to the IPO, the carrier plans to sell stakes to foreign airlines ... The listing will be either in Shanghai or Shenzhen, he said. Selling stakes to foreign airlines would help improve its management and facilitate its plans for international ... ( read original story ...)
Clariant, Shanghai Huaxi partner on hydrogen projects in China
... International Ltd said that its catalysts business unit has formed a strategic alliance with Shanghai Huaxi Chemical Industry Science & Technology Co Ltd, regarding hydrogen production projects in China. According to the agreement, Clariant's ... ( read original story ...)