At the close in Shanghai, the Shanghai Composite added 1.89%, while the SZSE Component index gained 2.87%. Advancing stocks outnumbered falling ones by 1379 to 47 and 18 ended unchanged on the Shangha... ( read original story ...)
Meteorite crater acquired by Shanghai museum
[Gao Erqiang/China Daily] A meteorite crater in Yunnan province has been recovered and collected by the Shanghai Science and Technology Museum on August 18, marking the first time that a Chinese museu... ( read original story ...)
China’s Best-Performing Bank Stock May Have More Room to Rise
“The valuation of Postal Bank is still pretty reasonable after the rally, therefore investors remain pretty bullish about the stock,” said Liao Chenkai, a Shanghai-based analyst with Capital Securitie... ( read original story ...)
First Person: Bulgari Hotel Shanghai is maison’s latest jewel in the hospitality necklace
Incidentally, the Shanghai hotel also houses the first Il Cioccolato shop ... which features a large jacuzzi bath facing the Bund. I was ensconced in a superior room, which was very spacious and almos... ( read original story ...)
China stocks at highest in 2 weeks as c.bank seeks to stabilize yuan
SHANGHAI, Aug 27 (Reuters) - Shares in China ended at two-week highs on Monday, lifted by a stronger yuan after a tweak in the central bank’s management of the currency boosted airline stocks and othe... ( read original story ...)
Asian shares rise on Fed reassurance, China yuan strengthening
SHANGHAI (Reuters) - Asian shares rose on Monday, boosted by record Wall Street highs on Friday after reassuring comments from the Federal Reserve’s chairman, and as stock markets in China gained afte... ( read original story ...)
China central bank signals it doesn’t want a ‘full-scale currency war’
Year-to-date, the Shanghai Composite is down 16%, making it one of the worst-performing global markets, while the yuan has ceded close to 5% against the dollar in that time frame. The No. 1 priority f... ( read original story ...)