SHANGHAI - China cut the benchmark reference rate for mortgages at a monthly fixing on Feb 20 by more than expected, as authorities ramped up efforts to stimulate credit demand and revive the property ... ( read original story ...)
China’s Property Stocks Gain as Lending Rate Cut Boosts Sentiment
Chinese property stocks rose a day after a deeper-than-expected cut to a key mortgage reference rate bolstered hopes that authorities are doing more to shore up the ailing sector. ( read original story ...)
Shanghai nickel at 3-week high as potential sanctions on Russia lift supply fears
BEIJING: Shanghai nickel prices jumped more than 2% on Thursday to a three-week high as traders assessed concerns over global supply with speculation of renewed US sanctions against Russia. The ... ( read original story ...)
Huawei to open CNY12 billion R&D center in Shanghai
Huawei is building a new R&D center in Shanghai, with completion scheduled for June and an opening in September. The overall investment in the facility is projected to be approximately CNY12 billion ... ( read original story ...)
Shanghai scientists achieve breakthrough in calcium battery technology
Shanghai scientists have developed a rechargeable calcium-based battery, which they say can offer a cheaper and more sustainable alternative to the most widely used lithium-ion cells. ( read original story ...)
Leaked hacking files show Chinese spying on citizens and foreigners alike
Among the apparent targets of tools provided by the impacted company, I-Soon, are ethnicities and dissidents in parts of China that have seen significant anti-government protests like Hong Kong or ... ( read original story ...)
HSBC shares dive after $3 billion writedown of China bank stake
HSBC led the London market lower on Wednesday after a $3 billion hit to its operations in China saw the banking giant’s quarterly profits dive 80%. ( read original story ...)