Shui On buys Shanghai asset

Shanghai Ze Chen Real Estate, a wholly-owned subsidiary of Shui On Land (0272), has entered into an agreement to acquire all the equity interests and loans of Shanghai Xin Wan Jing Property for 1.14 billion yuan (HK$1.36 billion).The deal marks the ... ( read original story ...)

Shanghai stock market edges up, but blue-chip index down

SHANGHAI, Dec 26 (Reuters) - China's main Shanghai stock market rose slightly on Tuesday, but both the blue-chip index and the start-up board ChiNext dipped in holiday-thinned trade, as banking system liquidity remains relatively tight. ** Hong Kong market ... ( read original story ...)

Shanghai has little space for growth

China has set a population ceiling of 25 million and a limit on construction land of no more than 3,200 square kilometers for Shanghai through 2035, allowing the city to grow by about 800,000 new permanent residents. The city has to stringently control its ... ( read original story ...)