Shanghai Jahwa faces huge loss in fourth quarter

The leading domestic consumer brand Shanghai Jahwa United Co Ltd is expected to see its net profits plummet 90 percent to 226 million yuan ($32 million) in 2016, according to the announcement. The fourth quarter reported a net loss of 207 million yuan ... ( read original story ...)

Foreign business skeptical of China’s promised opening

Zhu Haifeng, a retail investor, said it would not change much for him, as he can already buy foreign shares through the Shanghai-Hong Kong Stock Connect scheme, and he didn’t see much likelihood of overseas firms rushing to invest in China. ( read original story ...)

Shanghai Disney expands talent pool

The Shanghai Disney Resort, which runs Walt Disney Co's latest theme park, is expanding its talent pool by partnering with local educational institutions. The House of the Mouse will enter into agreements with 10 universities, colleges and vocational ... ( read original story ...)

Shanghai attracts $18.5 billion in overseas investment in 2016

According to official figures released by the Shanghai Municipal Commission of Commerce on Sunday, overseas investments in the city's service sector exceeded $16.3 billion, a year-on-year increase of 2.5 percent. Of theses, the rental and business service ... ( read original story ...)