The delay in the launch was due to some technical problems such as time-zone difference and market maker arrangement, an insider close to London Stock Exchange told yicai.com. With eight-hour time difference, when London Stock Exchange opens, Shanghai ... ( read original story ...)
China Tightens Regulation Over Mobile Payment Apps — What’s Next For Tencent and Ant Financial?
Now that digital wallets like Ant Financial’s Alipay and Tencent’s Ten Pay have ... a professor of finance at the China Europe International Business School in Shanghai (CEIBS). More On Forbes: How China’s Central Bank Is Clamping Down On The Mobile ... ( read original story ...)
Old Shanghai neighbourhood shivers in winter
In Laoximen, not far from Shanghai's swanky riverfront Bund, locals and migrant workers bundle up in thick coats inside houses built decades ago. To save energy, the Chinese government decided in the 1950s that areas of the country south of the Qinling ... ( read original story ...)
Fairfield by Marriott Shanghai Jing’an Hotel Opens in China
Marriott International Inc. announced the opening of Fairfield by Marriott Shanghai Jing’an. Owned and managed by New Development Group Co, Ltd., the hotel is located in the Jing’an District of Shanghai, close to the commercial and business hub of the ... ( read original story ...)
Shanghai Port Sets World Box Volume Record
Container throughput at China’s Port of Shanghai surpassed 40 million TEUs in 2017, the country’s news agency Xinhua reported. With this number, the port is believed to have broken an existing annual world record. The Port of Shanghai has been the ... ( read original story ...)
Get smarter – tellers must adapt as Chinese customers embrace digital banking services
How do users and tellers cope with the “go smart” banking trend in Shanghai? For young white-collar worker Ada Shen, it did not take her long to get familiar with the new “intelligent” teller machine at an Industrial and Commercial Bank of China ... ( read original story ...)
Ten crew missing as cargo vessel sinks off Shanghai
... vessel in Wusongkou anchorage at Shanghai, China’s state-owned Xinhua News Agency reported, citing the Shanghai Maritime Search and Rescue Centre. Three people had been rescued, and the search for missing crew members was continuing, Xinhua said. ( read original story ...)