The price-to-earnings ratio of the Shanghai index was 15.45 as of the last full trading day while the dividend yield was 1.9 percent. ** So far this week, the market capitalisation of the Shanghai stock index has risen by 1.05 percent to 30.02 trillion yuan. ( read original story ...)
China’s Industrial Bank teams up with Microsoft to build digital and cloud power
Mid-sized Industrial Bank has signed a strategic partnership with Microsoft China in Shanghai to shore up its smart banking capabilities, the latest evidence of mainland Chinese banks embracing technology-driven innovation. The Fujian-based lender would ... ( read original story ...)
Shanghai probes Marriott hotels over geography gaffe
Authorities in Shanghai are investigating hotel giant Marriott after it triggered an online uproar with a customer questionnaire that listed Chinese-claimed regions such as Tibet and Hong Kong as separate countries. City officials said in a notice dated ... ( read original story ...)
Win Streak Likely To End For China Stock Market
(RTTNews.com) - The China stock market has climbed higher in nine consecutive trading days, advancing almost 145 points or 4.2 percent in that span. The Shanghai Composite Index now rests just above the 3,420-point plateau although investors may cash in on ... ( read original story ...)
China’s cyber watchdog scolds Ant Financial over user privacy breach
SHANGHAI, Jan 11 (Reuters) - China's cyber watchdog has scolded Ant Financial, Alibaba's payment affiliate, for compromising user privacy after many users of its Alipay service were automatically enrolled in its credit scoring system. The Cyberspace ... ( read original story ...)
Ancient village saved by Chinese philanthropist opens as Shanghai resort
and Shanghai Gu Yin Real Estate. While Ma hasn't featured on any Forbes rich lists and his companies are privately held, he is rumored to be a billionaire. In 2002, aged 29, the entrepreneur made a trip home to visit his parents. During that visit ... ( read original story ...)
Fairfield enters Shanghai
The opening marks Marriott International's rapid growth and constant expansion in China. The new hotel is located in Shanghai's Jing'an district, adjacent to a prosperous business and trade area. Shanghai Jing'an Fairfield by Marriott was built by the ... ( read original story ...)