Construction of BRICS bank headquarters starts in Shanghai

Construction of the permanent headquarters building of the BRICS New Development Bank (NDB) started in the Shanghai Expo Park Saturday, expected to become a landmark building along Huangpu River.[Special Coverage] "We are extremely grateful to Shanghai ... ( read original story ...)

China approves eight IPO applications

2 (Xinhua) -- China Securities Regulatory Commission (CSRC) has approved IPO applications from eight companies. The firms will raise up to 3.7 billion yuan (around 561 million U.S. dollars), the CSRC said. Four will be listed on the Shanghai Stock Exchange ... ( read original story ...)

China’s tallest building is a ghost tower with 55 vacant floors

It's China's tallest building and was supposed to be a symbol of Shanghai's modernity and the city's glittering future as a global financial centre. Yet more than four years after The Shanghai Tower "topped out" at 632 metres and 2½ years after architects ... ( read original story ...)

Coin offerings create financial risks: China industry body

SHANGHAI (Reuters) - Launches of new digital currencies, known as initial coin offerings (ICOs), have shaken up social and economic order, created hidden financial risks, and in some cases may amount to fraud, China's National Internet Finance Association ... ( read original story ...)