LONDON — Alibaba, China’s biggest e-commerce operator was fined 18.23 billion renminbi, or $2.78 billion, by China’s State Administration for Market Regulation for monopolistic behaviors, China’s ... ( read original story ...)
Shanghai surpasses HK as costliest city for the rich
The Swiss private-banking company said that the HKSAR now is the third-priciest city after Shanghai and Tokyo. The HKSAR’s slide was due in part to its relatively flat prices compared with the rising ... ( read original story ...)
Volkswagen ID.6 EV crossovers lurk in the shadow before Shanghai debut
Volkswagen will introduce a pair of production-bound EVs called ID.6 X and ID.6 Crozz in Shanghai. At least one could come to America. ( read original story ...)
China’s Didi Chuxing raising $1.5 billion in debt as it nears blockbuster IPO: Reports
Chinese ride-hailing giant Didi Chuxing is said to be raising $1.5 billion in debt financing ahead of a blockbuster U.S. IPO, according to multiple reports. ( read original story ...)
Shanghai troupe leader brings ‘silent disco’ to granny line dancing
On the advice of another group dancing leader, Shi Faming, he turned to analogue technology to solve the problem: an FM radio transmitter. According to a video from Shanghai Daily, the transmitter ... ( read original story ...)
Bursa ends 9.85 points higher led by Axiata, Digi
Share prices on Bursa Malaysia ended higher on Friday, amid persistent buying interest led by Axiata Group Bhd and Digi.com Bhd on the back of ongoing mega merger talks. ( read original story ...)
MG Cyberster Concept revealed; debut at Shanghai Motor Show
The MG Cyberster concept car has been unveiled. The electric concept will have its official public debut at the upcoming Shanghai Motor Show to be held later this month.The new MG Cyberster concept is ... ( read original story ...)