J Hotel is at the top of the world's second tallest tower, Shanghai Tower. Elevators that travel at a record-breaking 42.8mph whizz guests up the intimidating spiral-like skyscraper. ( read original story ...)
Zhejiang Shaoxing Ruifeng Rural Commercial Bank’s IPO to debut on Shanghai Stock Exchange
Zhejiang Shaoxing Ruifeng Rural Commercial Bank (601528) to start trading on the Shanghai Stock Exchange’s Main Board June 25, tomorrow. The firm has issued 150.94 mln shares priced at RMB 8.12 per ... ( read original story ...)
China Evergrande’s creditor Minsheng Bank pares loans to developer amid concerns about leverage, default
China Evergrande’s top creditor has trimmed its loans to the nation’s most-indebted developer to assuage investors, a sign lenders have started to raise their guard against default risks. ( read original story ...)
China’s yuan weakens as c.bank notches eighth straight softer fixing
China's yuan weakened on Thursday after the country's central bank fixed its daily midpoint weaker for an eighth consecutive session, and as the dollar stalled after taking support from Fed official ... ( read original story ...)
China’s Minsheng Bank Says Evergrande Exposure ‘Within Controllable Range’
China Minsheng Banking Group said risks from its loan exposure to debt-laden property developer China Evergrande Group is "within controllable range", with exposure having dropped since last September ... ( read original story ...)
China Stock Market Due For Consolidation On Thursday
The China stock market has finished higher in three straight sessions, advancing more than 40 points or 1.2 percent along the way. ( read original story ...)
China urges banks, Alipay to crack down harder on cryptocurrencies
China's central bank said on Monday it had recently summoned some banks and payment firms, including China Construction Bank (601939.SS) and Alipay, urging them to crack down harder on cryptocurrency ... ( read original story ...)