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Posted on 21/12/2024

OUE Reit divests entire stake in Shanghai property owned by Indonesia’s Lippo Group

OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and operates an office building in Shanghai, to an unrelated entity ... ( read original story ...)

Posted on 20/12/2024

OUE REIT divests Lippo Plaza Shanghai for $357.4 mil; all remaining assets in Singapore

OUE REIT through its wholly-owned subsidiary has entered into an agreement to divest the entire equity interest of Lippo Realty (Shanghai), which owns 91.2% share of strata ownership of Lippo Plaza in ... ( read original story ...)

Posted on 20/12/2024

‘Resilient’ trade of China’s Shenzhen puts tech hub in position to overtake Shanghai

Total trade value in city dubbed China’s Silicon Valley surged past 4 trillion yuan from January to November, with a record year-on-year increase. ( read original story ...)

Posted on 20/12/2024

China’s PTL Scraps Sweden Battery Plant After Northvolt Collapse

Shanghai Putailai New Energy Technology Co., one of the world’s largest suppliers of battery materials, has pulled a plan to build a factory in Sweden following the collapse of Northvolt AB. ( read original story ...)

Posted on 20/12/2024

How China manages big data is changing, as new state-owned firm takes the helm

Restrictive ‘data silos’ have impeded logistics and hindered commercialisation of data, but a new centrally managed company aims to tear down barriers. ( read original story ...)

Posted on 20/12/2024

Palleon and Shanghai Henlius Biotech link on autoimmune therapy

Palleon Pharmaceuticals and Shanghai Henlius Biotech have entered a licence agreement and partnership for the former’s sialidase enzyme therapeutic, E-602, to treat autoimmune diseases. ( read original story ...)

Posted on 20/12/2024

China inaugurates first central SOE specializing in data tech

China's first centrally administered state-owned enterprise (SOE) specializing in data technology was officially established in Shanghai on Thursday. The company, tentatively translated as China ... ( read original story ...)

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