China's latest property support measures have boosted transactions in its biggest cities, but activity in smaller localities is struggling to get off the ground, pointing to more pain ahead for most ... ( read original story ...)
SMEIC: The Acquisition Of Shanghai Prime Will Form Complementary Advantages And Help Enhance Shareholder Returns
On 15 May, Shanghai Mechanical & Electrical industry Co., Ltd. (hereinafter referred to as“SMEIC” or the“Company”, 600835) disclosed the Announcement on Related Transaction of Shanghai Mechanical & ... ( read original story ...)
Diplomatic Envoys to China Visit Fosun: Appreciating Oriental Lifestyle Aesthetics and Seeking Opportunities for Business Cooperation
SHANGHAI, June 18, 2024 /PRNewswire/ -- Over 40 guests ... As a global innovation-driven consumer group, Fosun has established a profound business presence in more than 35 countries and regions, ... ( read original story ...)
Tesla gains as Shanghai FSD development boosts sentiment; lawsuit filed against former supplier
Shares of Tesla (NASDAQ:TSLA) were up 5.45% in late afternoon trading on Monday. Indications that Tesla (TSLA) was granted approval to test its advanced driver-assistance system on some Shanghai ... ( read original story ...)
Major Chinese semiconductor company goes bankrupt — 23 others recently withdrew IPO applications
China's semiconductor industry is facing a resurgence of unfinished projects as smaller companies go bankrupt, reports the China Times. Recent insolvencies, such as that of Shanghai Wusheng ... ( read original story ...)
Stock market today: Asian shares mostly lower as China reports factory output slowed
Shares were mixed in Asia on Monday after China reported its factory output slowed in May, with the property market still deep in the doldrums. U.S. futures edged lower and oil prices fell. Shares ... ( read original story ...)
Stock Market Today: Stocks mixed ahead of Juneteenth week split
Stocks could test more record highs this week as markets look to the extend their solid second quarter performance. ( read original story ...)