BEIJING/SHANGHAI (Reuters) – Ten Chinese joint-stock banks raised objections to new central bank rules to tighten regulations on the asset management industry during a close-door meeting in Shanghai last week, three sources with knowledge of the matter ... ( read original story ...)
Enthusiasm for property investment among urban Chinese households at 20-month low, survey finds
The bimonthly property investment index dropped to 109 last month from 113 in September, its lowest since March 2016, the Shanghai-based bank said on Thursday. “Property investment enthusiasm from top urban households was dampened by governmental ... ( read original story ...)
New Fuel Cell Engine Facility Commissioned in Shanghai
Shanghai Edrive, division of Broad-Ocean ... Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand. ( read original story ...)
The World’s Biggest Starbucks Opens in Shanghai. Here’s What It Looks Like.
SHANGHAI — He Junwei traveled about 100 miles on a high ... revenue drivers at a time when other foreign companies are complaining about the country’s business environment. Yum Brands, the owner of Taco Bell and Pizza Hut, s pun off its China unit ... ( read original story ...)
Alibaba speech and facial recognition tech to be deployed in Shanghai subway system
Alibaba and Shanghai Shentong Metro Group said this week that the Metro would install “far-field” speech recognition technology in ticket machines in all stations, as well as facial recognition systems at station entrances to verify commuters identities. ( read original story ...)
Shanghai stock market sags on doubts over China’s ‘national team’
SHANGHAI -- China's benchmark stock index slipped to a low not seen in three and a half months amid signals that Beijing will rein in the share purchases by state-directed investors that have propped up the market. The Shanghai Composite Index fell 0.29% ... ( read original story ...)
In the World’s Strangest Bull Market, Most Stocks Are Falling
So what’s going on in Shanghai? In short, the market’s biggest companies are outperforming by an unusual degree -- propping up the benchmark gauge even as 724 of its 1,427 members post declines. The divergence has been driven partly by wagers that ... ( read original story ...)