OUE REIT through its wholly-owned subsidiary has entered into an agreement to divest the entire equity interest of Lippo Realty (Shanghai), which owns 91.2% share of strata ownership of Lippo Plaza in ... ( read original story ...)
‘Resilient’ trade of China’s Shenzhen puts tech hub in position to overtake Shanghai
Total trade value in city dubbed China’s Silicon Valley surged past 4 trillion yuan from January to November, with a record year-on-year increase. ( read original story ...)
China’s PTL Scraps Sweden Battery Plant After Northvolt Collapse
Shanghai Putailai New Energy Technology Co., one of the world’s largest suppliers of battery materials, has pulled a plan to build a factory in Sweden following the collapse of Northvolt AB. ( read original story ...)
How China manages big data is changing, as new state-owned firm takes the helm
Restrictive ‘data silos’ have impeded logistics and hindered commercialisation of data, but a new centrally managed company aims to tear down barriers. ( read original story ...)
Palleon and Shanghai Henlius Biotech link on autoimmune therapy
Palleon Pharmaceuticals and Shanghai Henlius Biotech have entered a licence agreement and partnership for the former’s sialidase enzyme therapeutic, E-602, to treat autoimmune diseases. ( read original story ...)
China inaugurates first central SOE specializing in data tech
China's first centrally administered state-owned enterprise (SOE) specializing in data technology was officially established in Shanghai on Thursday. The company, tentatively translated as China ... ( read original story ...)
People’s Bank of China keeps key lending rates steady for second straight month, as expected
People's Bank of China kept its key lending rates steady for the second straight month during its December fixing, as widely expected. The one-year loan prime rate (LPR), the benchmark for most ... ( read original story ...)