Shanghai United Imaging Healthcare, a major China medical imaging device maker, closed a $500 million A financing from large China investors. It is the largest medical device funding in China to date, and values Shanghai United Imaging at $5 billion. ( read original story ...)
Shanghai forum highlights city’s goals for growth
Shanghai will proactively serve the needs of and participate in the Belt and Road Initiative. It also will cooperate with cities and markets involved in the initiative in the fields of economics and trade, financial services, infrastructure construction ... ( read original story ...)
China approves nine IPO applications
17 (Xinhua) -- China Securities Regulatory Commission (CSRC) has approved IPO applications from nine companies. The firms will raise up to 4.4 billion yuan (more than 670 million U.S. dollars), the CSRC said. Three companies will be listed on the Shanghai ... ( read original story ...)
Ant Financial Offers Face Scan Service For Package Pickup In China
the financial affiliate of Alibaba Group, announced news that its customers can now use facial recognition technology to scan, unlock and pick up packages at select smart courier cabinets in Shanghai. According to China News Network, China recently ... ( read original story ...)
Goldman-Backed Chinese Fast-Fashion Label La Chapelle Launches $702 Million IPO
According to the company’s latest IPO prospectus, which was released on the official website of the Shanghai Stock Exchange on September 12, the proceeds of the IPO will mainly be used to build 3,000 more offline retail stores in the next three years. ( read original story ...)
China internet finance body suggests framework to support virtual currencies
said at an event on Friday in Shanghai that global regulators should work together on digital currencies. Chinese regulators are cracking down on the cryptocurrency sector, in a bid to stamp out potential financial risks as consumers pile into a highly ... ( read original story ...)
10 Top Tourist Attractions in Shanghai
Some visitors pig out on the food – Shanghai’s cuisine is considered one of China’s top four cuisines. Yes, China’s financial capital, located on the Yangtze River Delta, is hustling and bustling but visitors also will find pockets of ancient ... ( read original story ...)