CapitaLand China Trust to divest CapitaMall Yuhuating to the Reit at 8.8% premium, and subscribe for 5% of the IPO units Read more at The Business Times. ( read original story ...)
China’s central bank injects CNY 195B into banking system, maintains key interest rate of 1.4%
The People’s Bank of China (PBOC) injected a net CNY 195 billion into the banking system today, continuing its efforts to boost liquidity. This was achieved by conducting CNY 487 billion in reverse ... ( read original story ...)
Chinese airline launches world’s longest ‘direct flight’
China Eastern Airlines has started selling tickets for a route connecting Shanghai, China's financial hub, with Buenos Aires, capital of Argentina, promoting it as "the world's longest direct flight". ( read original story ...)
China Stocks Surge Amid AI and Semiconductor Developments
China's stock market reached a 10-year high, driven by developments in artificial intelligence and semiconductor sectors. The Shanghai Composite Index hit its highest since 2015, as semiconductor ... ( read original story ...)
China airline launches world’s longest ‘direct flight’
China Eastern Airlines has started selling tickets for a route connecting Shanghai, China's financial hub, with Buenos Aires, capital of Argentina, promoting it as "the world's longest direct flight". ( read original story ...)
Chinese investors are retreating from record-setting gold for booming equities
China's wholesale gold demand fell to its weakest August since 2010, even as the central bank kept adding to reserves. ( read original story ...)
XTransfer and SPD Bank Shanghai Branch Enter Strategic Partnership Agreement
XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra ... ( read original story ...)