Legal experts refuted the claims of relaxation on the China crypto ban regulations citing that the explainer wasn't an official document. ( read original story ...)
Shanghai explainer on taxation of digital currency transaction drives speculation on potential easing of China’s crypto ban
The Shanghai tax service subsequently deleted the explainer on ... China’s Ministry of Industry and Information Technology last month announced plans to draft a national Web3 development plan to suit ... ( read original story ...)
First phase of Shanghai Museum East to open in Feb
The second phase of Shanghai Museum East will be opened before the end of June before the launch of the final phase, which is expected to take place by the end of November. Visitors have been advised ... ( read original story ...)
Shanghai Argo Announces Multi-Program RNAi Licenses and Strategic Collaborations with Novartis
Argo will receive upfront payments of $185 million from Novartis and is eligible to receive potential option and milestone payments as well as tiered royalties on commercial sales. - Novartis will ... ( read original story ...)
UBS Plans Bigger China Onshore Wealth, Asset Management Business
UBS Group AG aims to grow its wealth and asset management business in China, despite the slowing economy and dearth of deals that’s weighed on some Wall Street and European lenders in the country. ( read original story ...)
Stock market today: Asian stocks decline after Wall Street logs its worst week in the last 10
Major Asian equity markets were trading lower after Wall Street logged its worst week in the past 10 on Friday ... ( read original story ...)
Four Luxury Hotels in Shanghai Change Owners Due to Financial Issues
Wanda Commercial, the debt-laden commercial property management unit of Chinese real estate giant Dalian Wanda Group, sold several Wanda Plazas last year due to financial constraints. Beijing Yinglang ... ( read original story ...)