In what is one of the hottest initial public offerings (IPOs) of 2018, Xiaomi is going to float on the Hong Kong Stock exchange to raise $6bn but has postponed plans to list in Shanghai in what may have reaped it $10bn in investment. This will still be one ... ( read original story ...)
CES Asia 2018: Technology trends from China and beyond
The annual CES trade show in Las Vegas has been wooing technology fans for more than five decades, but since 2015, CES has also bestowed its familiar brand on a smaller event in Shanghai, China’s most populous city. CES Asia differs from the gargantuan ... ( read original story ...)
Think Next: Microsoft for Startups China Enables Chinese Innovations to “Go Global” and Overseas Innovations to “Go China”
SHANGHAI- Microsoft ScaleUp Shanghai today hosted the Think Next demo day for its third cohort of startup companies. 14 entrepreneurial teams shared their innovative achievements in areas of artificial intelligence, cloud computing, big data, Internet of ... ( read original story ...)
Shanghai finance sector poised for more opening-up
Local administrators in Shanghai said they are planning to roll out more projects responding to the central government's financial opening-up policies later this year, especially in the China (Shanghai) Pilot Free Trade Zone. The new projects follow 23 ... ( read original story ...)
Forced Stock Sales Haunt China as UBS Sees $68 Billion at Risk
“It will remain one of the major overhangs for the stock market in the near term,” Hao Hong, chief strategist at Bocom International Holdings Co., said in an interview from Shanghai. Few are calling for a 2015-style collapse. But any sign of increased ... ( read original story ...)
Shanghai Pilot Free Trade Zone issues new preferential policies for foreign financial institutions
Foreign financial institutions will be allowed to establish a branch and subsidiary at the same time while foreigners can own majority stakes in domestic life insurance companies in Shanghai Pilot Free Trade Zone. These will be possible under 25 new rules ... ( read original story ...)
6 new luxury hotels that raise the bar in Shanghai
Shanghai is experiencing a new wave of luxury hotel openings. Occupying the top floors of a swanky tower next to a restored pre-war architectural landmark minutes from the Bund, the Bulgari Shanghai is one of the city's most anticipated opening in 2018. ( read original story ...)