Inspired by the traditional Chinese theaters, the Fosun Foundation is located right at the core of the Shanghai financial center. The building’s dynamic facade consists of three layers of bronze tubes that resemble bamboos. Each of the bronze tubes flows ... ( read original story ...)
Common law no guarantee of finance hub status for HK
Some people say Hong Kong can become a global financial center while Shanghai cannot, because the former practices the common law system - along with the two existing international financial centers New York and London - whereas Shanghai exercises the ... ( read original story ...)
Norwegian Joy Completes First Preview Cruise from Shanghai
SHANGHAI, China, June 15, 2017 (GLOBE NEWSWIRE ... those regarding our business strategy, financial position, results of operations, plans, prospects and objectives of management for future operations (including expected fleet additions, development ... ( read original story ...)
Anbang crisis threatens whole financial sector, say analysts
The government would also be very adverse to any large-scale defaults prior to the upcoming 19th Party Congress this fall,” said Brock Silvers, managing director of Kaiyuan Capital, a Shanghai-based financial advisory firm. He said Wu had shown an ... ( read original story ...)
China c.bank asking Shanghai lenders if tighter rules impacting credit quality -sources
SHANGHAI, June 14 The Shanghai branch of China's central bank is asking city lenders for information on asset quality, credit needs and potential risks on top of what all Chinese banks are preparing for a routine assessment, two people with direct ... ( read original story ...)
China state papers urge regulators to stick to reforms as pace of IPOs slows
Echoing that view, the Shanghai Securities News said IPOs are not the determinant factor of stock market trends, and regulators should not "balk, or even backtrack" on reforms. The newspaper noted that the CSRC had suspended IPOs nine times in history ... ( read original story ...)
China unlikely to see repeat of 2013 market turbulence: Financial News
SHANGHAI China is unlikely to see a repeat of the market turbulence similar to that of June 2013 as the risk of another liquidity crisis was currently low, the state-run Financial News newspaper said on Saturday. The newspaper, which is affiliated with the ... ( read original story ...)