Shares are mostly lower in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government's target but slowing from the year before. ( read original story ...)
Shanghai financial industry’s added value rises 6.9% to $90b
The added value of Shanghai's financial industry jumped 6.9 percent year-on-year to 659.12 billion yuan ($89.9 billion) in the first three quarters of 2024, Zhou Xiaoquan, executive deputy director of ... ( read original story ...)
Shanghai Should Leverage Leading Firms in Sci-Tech Incubation, Two Sessions Proposal Says
(Yicai) Jan. 16 -- Shanghai should leverage the advantages of leading enterprises to promote the high-quality development of science and technology innovation incubators, according to an outstanding ... ( read original story ...)
Stock market today: Asian shares advance after inflation data drives a rally on Wall Street
Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.2% to 38,532.18. Bank of Japan data showed ... ( read original story ...)
AI Mogul Chen Tianshi Amasses $10 Billion Fortune As Shares Soar 500%
Chen Tianshi, cofounder of Chinese chip company Cambricon Technologies, saw his net worth soar to $10 billion after the company’s Shanghai-listed shares skyrocketed 500% in 2024 amid China’s push for ... ( read original story ...)
Shanghai to further boost ties with UK
Shanghai is looking to explore new opportunities presented by the successful China-UK Economic and Financial Dialogue to further strengthen collaboration with the United Kingdom and achieve ... ( read original story ...)
China’s RedNote: what you need to know about the app TikTok users are flocking to
BEIJING (Reuters) -Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban ... ( read original story ...)