China stocks ended higher on Friday as investors looked past the country’s first quarterly economic contraction in at least 28 years, pinning their hopes on a state-supported recovery as the impact of ... ( read original story ...)
Coronavirus: why property markets in Asia are struggling to recover
Zhou, a 34-year-old entrepreneur, who did not want to give his full name, has been searching for a four-bedroom apartment for about Rmb30m (£3.382m) in Huangpu District, Shanghai’s most central ... ( read original story ...)
Property markets in south-east Asia struggle to recover after Covid-19
Zhou, a 34-year-old entrepreneur, who did not want to give his full name, has been searching for a four-bedroom apartment for about Rmb30m (£3.382m) in Huangpu District, Shanghai’s most central ... ( read original story ...)
China Cuts Medium-Term Borrowing Costs to Record Low, Steps Up Pandemic Battle
China's central bank on Wednesday stepped up policy support for its embattled economy, cutting a key rate to a record-low and reducing the amount banks must hold as reserves by around $28 billion as ... ( read original story ...)
IHG to expand Regent portfolio, with Shanghai hotel being the first
InterContinental Hotels Group (IHG) will open the Regent Shanghai Pudong on May 16, marking the property as the first new addition to the Regent portfolio since its acquisition of the brand in March ... ( read original story ...)
GuocoLand Selling Shanghai Hotel to Dahua Group for RMB 1.44B
One of Southeast Asia’s largest developers has defied the COVID-19 crisis to sell a hotel property in Shanghai’s Putuo district at a mark-up of nearly 65 percent over its net book value, according to ... ( read original story ...)
Shanghai implements policies to boost business, foreign investment
Meanwhile, Shanghai will perfect the mechanism for foreign investors to file complaints and protect their legal rights. Heavier penalties will be imposed on those who have significantly infringed on ... ( read original story ...)