(MENAFN) In a significant policy shift aimed at addressing economic challenges, Shanghai has opted to ease restrictions on real estate purchases within the city. This move aligns with broader efforts ... ( read original story ...)
Shanghai Is First Chinese First-Tier City to Cut Mortgage Rates
(Yicai) May 28 -- Shanghai has become the first of China’s first-tier cities to cut interest rates on home loans after the country’s central bank eased housing market restrictions earlier this month. ( read original story ...)
Shein Promised to Have a Big U.S. IPO. Its China Roots Got in the Way.
The fast-fashion giant aimed to bridge the divide between Beijing and Washington, but hopes for a splashy U.S. public offering have faded. ( read original story ...)
BRICS New Development Bank signs first non-sovereign loan in China
SHANGHAI, May 28 (Xinhua) -- The BRICS New Development Bank (NDB) has signed a loan agreement to support sustainable infrastructure development in east China's Zhejiang Province, marking the latest ... ( read original story ...)
China cashes in banking chips for tech drive
China is roping in financial blue-chips in a renewed push to achieve technological self-sufficiency. Six of the country's biggest lenders have invested in Beijing's third and largest semiconductor ... ( read original story ...)
Economic Watch: Shanghai’s innovation ecosystem turns ideas into reality
Transforming business ideas into commercially viable applications has never been more achievable than it is today in Shanghai thanks to large-scale s ... ( read original story ...)
China Market Update: “Big Fund 3” Launches As Shanghai Relaxes Home Purchase Policies
Mainland financial media noted Friday’s post-close State Council ... Meanwhile, WuXi Biologics, Tencent, and ICBC were small net sells. Shanghai, Shenzhen, and the STAR Board gained +1.14%, +0.75%, ... ( read original story ...)