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Posted on 29/05/2024

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 ...)

Posted on 28/05/2024

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 ...)

Posted on 28/05/2024

China Market Update: Guangzhou Follows Shanghai Real Estate Policy

Asian equities were lower on light volumes as Indonesia outperformed and Pakistan was closed for a market holiday. ( read original story ...)

Posted on 28/05/2024

Stock market today: US markets mixed in quiet post-holiday trading

As part of the agreement, T-Mobile will get U.S. Cellular’s wireless operations and about 30% of spectrum ... affirmed Beijing’s determination to contain financial risks. The Shanghai Composite index ... ( read original story ...)

Posted on 28/05/2024

Shanghai Takes Yet More Steps to Revive Housing Market

To jumpstart recovery, China’s largest city is moving to slash mortgage rates and housing purchase restrictions. ( read original story ...)

Posted on 28/05/2024

Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US$731 million to boost liquidity

Fosun International, one of China's largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutcj bank ... ( read original story ...)

Posted on 28/05/2024

Hong Kong stocks extend gains, cheered by Shanghai’s property easing moves

Hong Kong markets extend gains after further moves to ease curbs in the property sector and on the back of a semiconductor investment fund. ( read original story ...)

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