The Chinese conglomerate Fosun is entering the German property market. The Shanghai-based company has acquired the office buliding Estrella I on Frankfurt's Theodor-Heuss-Alle 44 in the quarter of Bockenheim. The deal was made in cooperation with ... ( read original story ...)
Shanghai Shares at 2-Week High
The Shanghai Composite Index gained 0.4 percent to 3,136.77 points while the blue-chip CSI300 index rose 0.3 percent, to 3,364.08 points. The People's Bank of China said on Friday it would provide temporary liquidity support for 28 days to several major ... ( read original story ...)
BRIEF-Shanghai Guao Electronic Technology sees FY 2016 net profit down 15.2 pct to 34.9 pct
Jan 23 Shanghai Guao Electronic Technology Co., Ltd. : * Sees net profit for FY 2016 to decrease by 15.2 percent to 34.9 percent, or to be 33 million yuan to 43 million yuan * Says the net profit of FY 2015 was 50.7 million yuan * Comments that increased ... ( read original story ...
China closes over 100 golf courses for land, water conservation
The state-run Xinhua News Agency said Sunday the courses were closed for improperly ... Mao Zedong banned golf after the founding of the People's Republic of China in 1949. One Shanghai golf course was turned into the city zoo. Golf began to take off ... ( read original story ...)
DNV GL Grants AiP for Shanghai Bluesoul Scrubber
DNV GL today announced that it has granted Approval in Principle (AiP) to China's Shanghai Bluesoul Environmental Technology (Bluesoul) for the technical feasibility of the BlueSulf scrubber system, and is set to provide Bluesoul advisory services. ( read original story ...)
China central bank's temporary liquidity support a new tool, sends neutral policy signal – paper
SHANGHAI A move by China's central bank to provide temporary liquidity support marks the creation of a new policy tool designed to ease seasonal cash shortages, while sending the signal that monetary policy remains stable and neutral, the Financial News ... ( read original story ...)
Shenzhen-Hong Kong Stock Connect to see warmer investor response if yuan stabilises
In contrast, the Shanghai-Hong Kong Stock Connect (SH Connect), a similar scheme that ... “The SZ Connect has seen a more calm response from the market, which was partly due to different timing,” said Li Kongyi, an analyst from Fortune Securities. ( read original story ...)