One critical question is the valuation that will be used for the SoftBank-led investment. Didi was valued at US$34 ... In big cities such as Beijing and Shanghai, new regulations may require drivers to have local residence to be eligible to drive Didi ... ( read original story ...)
China’s PBOC ‘persuades’ Shanghai banks to slow monthly mortgage growth
Banks in Shanghai are slowing mortgage loan growth amid the tighter stance by the People’s Bank of China to keep deleveraging the housing market, industry sources said. Lenders in the most populous mainland cities are being asked to scale back growth in ... ( read original story ...)
Shanghai, Beijing listed among top 20 global financial hubs
SHENZHEN, March 28 (Xinhua) -- Shanghai and Beijing were included among the top 20 financial hubs in the world by an index tracking 88 financial centers globally. Shanghai and Beijing ranked as the 13th and 16th top financial hubs in the world, according ... ( read original story ...)
Shanghai to rival Silicon Valley as technology hub
Shanghai is expected to rival Silicon Valley as a technology hub in the next four years, according to a report by KPMG. Shanghai beat out New York, Tokyo, Beijing and London, respectively, to take the top spot in recognition of the city’s “growing base ... ( read original story ...)
Shanghai Smart Home Technology 2017 Receives Positive Response With 80% of Booths Already Booked
Joining forces with one of China’s leading smart home industry organisations, the China Smart Home Industry Alliance (CSHIA), Shanghai Smart Home Technology (SSHT) will return to the Shanghai New International Expo Centre from 5 – 7 September 2017. ( read original story ...)
Skoda teases Vision E concept ahead of Shanghai Motor Show
Expected to be showcased at the upcoming Shanghai Motor Show next month, Skoda has released a teaser image of a concept called Vision E, which is likely to evolve into the Kodiaq coupe. The teaser shows a crossover, styled more like a coupe and carries the ... ( read original story ...)
KPMG: Shanghai is next Silicon Valley
Shanghai was selected by 26 percent of respondents as the ... robotics and artificial intelligence were the hottest topics which were expected to enable business and industry transformation. Meanwhile, financial services and technology were believed ... ( read original story ...)