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 ...)
Disney Store Celebrates Grand Opening of Second Store in Shanghai
SHANGHAI, Sep 1, 2017 /PRNewswire/ -- Disney Store today opened the doors of its newest store at the HKRI Taikoo Hui Mall in Shanghai. Located in one of the city's most vibrant shopping and entertainment hubs, Disney Store will provide consumers locally ... ( read original story ...)
RPT-UPDATE 1-China’s c.bank bans longer-tenor NCDs to close bank funding loophole
SHANGHAI/BEIJING, Aug 31 (Reuters) - China's central bank has barred financial institutions from issuing certain kinds of interbank loans as a funding loophole, as it continues to keep a tight grip on the potential for speculative financing. Institutions ... ( read original story ...)
China’s c.bank bans longer-tenor NCDs to close bank funding loophole
SHANGHAI/BEIJING, Aug 31 (Reuters) - China's central bank has barred financial institutions from issuing certain kinds of interbank loans as a funding loophole, as it continues to keep a tight grip on the potential for speculative financing. Institutions ... ( 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 ...)