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Tag: business

Posted on 03/01/2024

Cash-starved Chinese property group Dalian Wanda sells Shanghai luxury hotel to Indonesian billionaire

The cash-strapped Dalian Wanda Group sold its luxury hotel in Shanghai to Indonesian pulp and paper billionaire Sukanto Tanoto, at a reported price of between 1.44 billion and 1.66 billion yuan ... ( read original story ...)

Posted on 01/01/2024

Shanghai launches new online portal for expat services

Shanghai Municipal People ' s Government launched the beta version of a new online portal (english.shanghai.gov.cn) for expat services on Jan 1. Called International Services Shanghai, the new website ... ( read original story ...)

Posted on 31/12/2023

Grifols gains on plans to sell 20% of Shanghai RAAS stake to Haier

ADRs hit a 52-week high on Friday after the Spanish plasma therapeutics company announced an agreement to sell ~20% of its equity stake in Shanghai RAAS to Haier Group for about RMB 12.5B ($1.8B) in ... ( read original story ...)

Posted on 29/12/2023

Grifols shares soar after sale of 20% of Shanghai RAAS for $1.8 billion

Shares in Spanish pharma group Grifols soared on Friday after it agreed to sell a 20 per cent stake in China's Shanghai RAAS Blood Products for about $1.8 billion to Chinese home appliance company ... ( read original story ...)

Posted on 29/12/2023

Grifols sells 20% stake in Shanghai RAAS to Haier Group for $1.8 billion

Spanish pharma group Grifols said on Friday it had agreed to sell a 20 per cent stake in China's Shanghai RAAS Blood Products for approximately $1.8 billion to Chinese home appliance company Haier ... ( read original story ...)

Posted on 29/12/2023

Kenvue Shanghai: lighthouse pioneering digital transformation and value chain intelligence

Among these luminaries, Kenvue Shanghai emerges as a shining testament to digital transformation and value chain intelligence, securing a coveted position on the prestigious "Lighthouse Network" list ... ( read original story ...)

Posted on 27/12/2023

Tesla to roll out revamped Model Y from Shanghai plant – Bloomberg News

Electric vehicle maker Tesla Inc is preparing to launch a revamped version of its Model Y from its Shanghai plant, Bloomberg News reported on Tuesday, citing people familiar with the matter. ( read original story ...)

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