Wang was the chairman of Shanghai-based property developer Seazen Holdings Co., Ltd. The company published a notice on July 3, 2019, confirming that Wang, then 57, had been detained. He was arrested ... ( read original story ...)
Billionaire Seazen Founder Wang Convicted of Child Molestation
Wang Zhenhua, the billionaire founder of Chinese developer Seazen Group Ltd., was found guilty of child molestation and sentenced to five years in prison. ( read original story ...)
China’s Kindergartens Cook Up Creative Ways to Survive Lockdown
In May, Shanghai announced private kindergartens would be allowed ... to take more proactive measures to help them through the crisis, such as reducing rent, property fees, and utility charges. “If ... ( read original story ...)
Street Vendors Won’t Save China’s Economy
Dollar Trash Trade” and "Secondhand: Travels in the New Global Garage Sale." Photographer: Greg Baker/AFP Photographer: Greg Baker/AFP For a decade, I lived in a leafy Shanghai neighborhood known for ... ( read original story ...)
China Market Update: May Economic Data Show Online Retail Is Here To Stay
Chinese economic data discussed below came in below consensus but showed an improvement month over month and the resiliency of online sales is worth pointing out. ( read original story ...)
China Bourse May Find Traction On Monday
The Shanghai Composite Index now rests just beneath the 2,920-point plateau although ... The SCI finished barely lower on Friday following mixed performances from the financial shares, property stocks ... ( read original story ...)
China’s top property developers see stable sales so far in 2020
China's top real estate developers saw stable sales volume in the first five months of this year, an industrial report showed. From January to May, the average sales volume of the top 100 real estate ... ( read original story ...)