Shanghai’s most famous street, the Bund, is undergoing the “starchitect” treatment. Foster + Partners teamed up with Heatherwick Studio to design the Bund Financial Center as the “end point” to the city’s iconic waterfront. The 420,000-square ... ( read original story ...)
China equities play catch-up after week off
In Shanghai financial stocks were broadly higher, reflecting positive market sentiment a week after China’s central bank decided to cut its reserve requirement ratio for banks on Sunday, October 1. In Hong Kong, however, equities mostly took cues from US ... ( read original story ...)
Millennials Are Helping Jack Ma’s Financing Firm Become a Debt Giant
Few questions were asked when Miuki Wang, a graduate student in Shanghai, got a 10,000 yuan loan for a trip to London this summer in a matter of seconds, all through an app on her smartphone. Ant Financial approved her request at 14.6 percent annual ... ( read original story ...)
Markets up in Asia, Europe as financial leaders back easy money
India’s Sensex picked up 0.6 per cent to 32,612.52, but the Shanghai Composite index slipped 0.4 per cent to 3,378.47. Shares in Southeast Asia were higher. GLOBAL FINANCE: Finance ministers declared the recovery from the 2008 financial crisis incomplete ... ( read original story ...)
Rail+Metro China 2017 Will be Held in Shanghai This November, With a Highlight on Global Cooperation
SHANGHAI, Oct. 16, 2017 /PRNewswire/ -- The 12th edition of China International Rail Transit Exhibition (Rail+Metro China 2017) will be held at the Shanghai New International Expo Center on November 21-23, 2017. Under the guidance of China Association ... ( read original story ...)
Shanghai stocks soar, yuan remains firm with government support
SHANGHAI -- Chinese authorities are pulling out all the stops ... In addition to such direct buying, authorities have introduced a variety of measures to steer funds toward the stock market. Last month, fees and margin requirements for stock index futures ... ( read original story ...)
Shanghai rebar extends rally to one-month high, lifts iron ore
"The demand for iron ore in the near future doesn't look great and we could see it come down again maybe in two weeks time," said an iron ore trader in Shanghai. China's iron ore imports jumped to a record 103 million tonnes in September, in what analysts ... ( read original story ...)