Shanghai United snapped up the corner site, with then joint venture partner Visionary Investment Group for about $140 million last year, as revealed by The Australian Financial Review. "This project marks a new area of luxury hotel and high-end apartments ... ( read original story ...)
Moody’s downgrades China, warns of eroding financial strength as debt rises
SHANGHAI Moody's Investors Services downgraded China's long-term local and foreign currency issuer ratings on Wednesday, citing expectations that the financial strength of the world's second biggest economy would erode in the coming years. The ratings ... ( read original story ...)
HK, Shanghai hold meeting to enhance financial co-operation (with photos)
Representatives of the governments, financial regulators and exchanges of Hong Kong and Shanghai held the seventh Working Meeting of Hong Kong-Shanghai Financial Co-operation in Shanghai today (May 23) to discuss how to enhance financial co-operation ... ( read original story ...)
Chinese investors curtail margin trading as stock market falls
SHANGHAI, May 23 China's month-long stock market correction has suppressed investor appetite for risk and pushed margin lending to its lowest level in three months, as players tread cautiously amid concerns about economic growth and policy tightening. ( read original story ...)
Shanghai stocks end weaker as tighter regulations bite
while the Shanghai Composite Index lost 0.5 percent to 3,075.68 points. The market has been hobbled over the past few weeks by fears of renewed economic slowdown and heavy-handed regulation aimed at limiting broad financial risks. The official think tank ... ( read original story ...)
BRIEF-Zheshang Securities sets pricing for Shanghai IPO
* Says it plans to issue up to 333.33 million shares at 8.45 yuan ($1.23) per share, to raise up to 2.82 billion yuan in Shanghai IPO Source text in Chinese: bit.ly/2q7QJYo ($1 = 6.8865 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards ... ( read original story ...)
BRIEF-Zheshang Securities issues prospectus for Shanghai IPO
Source text in Chinese: bit.ly/2qlr2Xk (Reporting by Hong Kong newsroom) Our Standards: The Thomson Reuters Trust Principles Next In First Republic News ( read original story ...)