BEIJING — A fire broke out at a Sinopec Shanghai Petrochemical Co Ltd plant ... a southwestern suburb of China’s financial capital. State-owned Sinopec said on its official Weibo account ... ( read original story ...)
Balance of loans in Shanghai rises at end of May
The balance of loans in Shanghai stood at 986 trillion yuan about 15 trillion US dollars at the end of last month up 10 per ... ( read original story ...)
Tech Insider: CPU-Maker’s Shanghai IPO, IQiyi Denies Rumor Baidu Wants Out
Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene. CPU maker Loongson seeks $357 million in Shanghai IPO. C ... ( read original story ...)
Syngenta Weighs $10 Billion Shanghai IPO Before Year-End, Sources Say
Syngenta Group is considering a plan to launch its mega initial public offering in Shanghai before the end of this year, according to people familiar with the matter, paving the way for one of the ... ( read original story ...)
China Likely to Keep Lending Benchmark LPR Unchanged Amid Global Central Bank Tightening
SHANGHAI (Reuters) - About 90% of traders and analysts in a Reuters survey expected China to keep benchmark interest rates unchanged at its monthly fixing on Monday, as global central bank ... ( read original story ...)
China Stock Market Tipped To Extend Thursday’s Losses
The China stock market on Thursday halted the two-day winning streak in which it had advanced almost 50 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,285-point plateau ... ( read original story ...)
$84b deals shine spotlight on Shanghai
Shanghai witnessed deals worth 565.8 billion yuan ($84.4 billion) for 322 major industrial projects on Thursday. The deals were announced at a global investment promotion convention where 48 major ... ( read original story ...)