Shanghai-based Future Land Development has set its sights on Hong Kong’s co-living spaces. The Chinese developer, which builds homes in 40 cities across the mainland, said on Wednesday it has invested around HK$500-HK$600 million this year in two ... ( read original story ...)
Biggest stock collapse in world history: This company has lost $800B in market value — and it’s still not a buy
It’s going to take more than the biggest stock slump in world history to convince ... When it listed in Shanghai in 2007, bubbles in both oil and the Chinese equity market were primed to burst, while the global financial crisis was just around the ... ( read original story ...)
Hong Kong stock market a top global performer
Nearly 90 percent of Chinese mainland investors started to invest in the Hong Kong market in the past three years. This indicates that programs of the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect, launched in 2014 and 2016 ... ( read original story ...)
Shanghai is No. 4 in the world for air passenger throughput figures
The Shanghai airports are also at the forefront of technology. Hongqiao, for example, uses the leading technology FOD (foreign object debris) remote monitoring system to safeguard the runway. The Shanghai Airport application is now able to provide a one ... ( read original story ...)
Shanghai Hasn’t Got Time For Hard Landings
Meanwhile, back in Shanghai, sales of new homes fell in October due to low supply and crackdowns on real estate speculation. Real estate is the preferred long-term investment of Chinese. New home sales fell 36.9% from September, Shanghai Centaline Property ... ( read original story ...)
Exclusive: China’s CEFC Plans Its оwn Bank, As Rоsneft Stake Bulks Up Trade
But thе Shanghai-based companу’s rapid ascent has prompted some international bankers and traders tо warn about its lack of transparencу, and dealings with sanctioned Russian firms. A CEFC-controled bank is expected tо win Chinese regulatоrу ... ( read original story ...)
Exclusive: China’s CEFC plans its own bank, as Rosneft stake bulks up trade
But the Shanghai-based company's rapid ascent has prompted some international bankers and traders to warn about its lack of transparency, and dealings with sanctioned Russian firms. A CEFC-controled bank is expected to win Chinese regulatory approval early ... ( read original story ...)