While Shanghai saw its GDP stand at 5.39 trillion yuan ($760 billion) in 2024, ranking the fifth globally, the city started the preparation of the 15th Five-Year Plan (2026-30) in the same year, ... ( read original story ...)
Hong Kong set for IPO flurry with Sany Heavy Industry leading the charge
Shares of China’s biggest construction machinery manufacturer will debut on October 28, alongside three other new stocks. ( read original story ...)
Shanghai banking regulator says steel trade loans under control
The exposure of Shanghai's banks to heavily-indebted Chinese steel merchants is under control, the city's banking regulator said, with a non-performing loan ratio of 1.31 percent. Chinese banks are ... ( read original story ...)
China’s double whammy: Shanghai is sinking as sea level rise is fastest in 4,000 years
Researchers from Britain, China and the US warn in Nature article about increased flood risks from subsidence induced by human activity. ( read original story ...)
Diesel brand owner OTB is positive on China and in no rush to IPO
OTB Group, the parent of Italian denim specialist Diesel and owner of luxury brands including Maison Margiela, is positive on the Chinese market and is investing more in it, founder and chairman Renzo ... ( read original story ...)
Yangtze Memory Secures Institutional Backing Ahead Of An Expected IPO
With an AI boom driving demand for memory and China erecting its own restrictions on foreign chip makers, most notably U.S. leader Micron (MU.US), YMTC hardly needs to worry about demand for its ... ( read original story ...)
Shanghai, Singapore deepen ties with 18 cooperation pacts
Shanghai Mayor Gong Zheng, who co-chairs the SSCCC, emphasized the strong partnership between the two cities since the council's founding in 2019. "Since the establishment of the SSCCC in 2019, ... ( read original story ...)