The new bullet train operating between Shanghai and Beijing has broken the speed record ... The railway connecting the Chinese capital in the north with the major business hub in the south sees about 100 million passengers a year. The new train completes ... ( read original story ...)
METALS-Shanghai metals skid on North Korea tensions, China credit jitters
FUNDAMENTALS * SHFE: In Shanghai, metals fell between 1 percent and 4.5 percent ... Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years ... ( read original story ...)
Shanghai’s mayor sees city’s future in being a global hi-tech hub
The future of Shanghai lies in turning it into a hi-tech hub with international influence, the Chinese city’s mayor told business leaders, citing recent measures including easier access to funds, eased tax burdens and lower office costs to try and tempt ... ( read original story ...)
Dorsey Shanghai Partner Peter Corne Receives Magnolia Silver Award
SHANGHAI--(BUSINESS WIRE)--International law firm Dorsey & Whitney LLP announced today that Partner Peter Corne, head of the Firm’s Shanghai office, has received the Magnolia Silver Award from the municipal government of Shanghai for his contributions to ... ( read original story ...)
Shanghai stocks daily turnover tops 300 billion yuan, which normally heralds a sharp decline
Daily turnover on the Shanghai Composite Index (SCI) overtook 300 billion yuan (US$46 billion) this week, suggesting the benchmark could be set to decline, judging by previous form. Trading values have risen above that threshold three times over the past ... ( read original story ...)
International trading of A-shares highest in two years in August
International investors bought Chinese A-shares in near-record numbers in August, two years after the launch of the Stock Connect Schemes linking Hong with Shanghai stock exchange , and last year with the Shenzhen bourse, attracted by a stronger yuan ... ( read original story ...)
Maxion Wheels Opens Shanghai Corporate Office to Support Growing Customer Base
SHANGHAI--(Business Wire)--Maxion Wheels, the world’s largest producer of automotive wheels, announced today the opening of its Shanghai Corporate Office, focusing on the company’s growth strategy in the world’s largest automotive market. This Smart ... ( read original story ...)