A bearish research report on Chinese banks by Goldman Sachs Group Inc. has drawn fresh criticism from a major lender and one of the nation’s largest macro hedge funds after receiving a backlash from ... ( read original story ...)
Bain Gets Courtesy Call From Shanghai Party Official
Global consulting company Bain said one of Shanghai’s top Communist Party officials visited its office in the city. ( read original story ...)
Shanghai anti-fraud center warns residents to be highly alert of FaceTime scams
The Shanghai anti-telecom network fraud center has warned residents to be highly alert of FaceTime invitations from strangers as they have received several recent reports related to FaceTime scams. ( read original story ...)
What people are saying about Ant Group’s share buyback
China's Ant Group has announced a surprise share buyback that values the fintech giant at $78.5 billion, well below the $315 billion touted in an abandoned IPO in 2020, in a move that may let some ... ( read original story ...)
Stock market today: Asian shares are mixed on signs of slowing growth in the US and China
A person walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, July 10, 2023, in Tokyo. Asian shares got the week off to a slow ... ( read original story ...)
Foxconn Industrial’s Shares Fall After Foxconn’s Shanghai-Listed Arm Names Its GM as New Chairman
Shares of Foxconn Industrial Internet fell after the Shanghai-listed unit of Apple supplier Hon Han Precision Industry, better known as Foxconn, promoted its general manager to chairman. Foxconn ... ( read original story ...)
Shanghai luxury home prices under pressure as affluent worry about economy, with some buyers asking for discounts of 15 pc
The downward spiral for luxury homes in the commercial and financial hub has added to bearish sentiment in China’s real estate market, with economic worries lingering. ( read original story ...)