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Posted on 18/06/2024

Shenzhen exchange loses out to Shanghai bourse as small-cap delisting risks unnerve investors

Chinese companies trading in Shenzhen have underperformed those listed in Shanghai this year, a trend that underscores the delisting risk faced by smaller companies and investors’ penchant for big ... ( read original story ...)

Posted on 18/06/2024

How Wanda Film’s First Female CEO Is Charting a Fresh Course for the Chinese Exhibition Giant

Chen Zhixi, the former actress and producer overseeing China’s largest cinema chain, discusses the challenges facing the exhibition sector, plans for the company's production arm and creating new ... ( read original story ...)

Posted on 18/06/2024

China’s property measures give sales a boost, but only in big cities

China's latest property support measures have boosted transactions in its biggest cities, but activity in smaller localities is struggling to get off the ground, pointing to more pain ahead for most ... ( read original story ...)

Posted on 18/06/2024

SMEIC: The Acquisition Of Shanghai Prime Will Form Complementary Advantages And Help Enhance Shareholder Returns

On 15 May, Shanghai Mechanical & Electrical industry Co., Ltd. (hereinafter referred to as“SMEIC” or the“Company”, 600835) disclosed the Announcement on Related Transaction of Shanghai Mechanical & ... ( read original story ...)

Posted on 18/06/2024

Diplomatic Envoys to China Visit Fosun: Appreciating Oriental Lifestyle Aesthetics and Seeking Opportunities for Business Cooperation

SHANGHAI, June 18, 2024 /PRNewswire/ -- Over 40 guests ... As a global innovation-driven consumer group, Fosun has established a profound business presence in more than 35 countries and regions, ... ( read original story ...)

Posted on 18/06/2024

Tesla gains as Shanghai FSD development boosts sentiment; lawsuit filed against former supplier

Shares of Tesla (NASDAQ:TSLA) were up 5.45% in late afternoon trading on Monday. Indications that Tesla (TSLA) was granted approval to test its advanced driver-assistance system on some Shanghai ... ( read original story ...)

Posted on 18/06/2024

Major Chinese semiconductor company goes bankrupt — 23 others recently withdrew IPO applications

China's semiconductor industry is facing a resurgence of unfinished projects as smaller companies go bankrupt, reports the China Times. Recent insolvencies, such as that of Shanghai Wusheng ... ( read original story ...)

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