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Posted on 08/01/2024

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 ...)

Posted on 08/01/2024

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 ...)

Posted on 08/01/2024

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 ...)

Posted on 08/01/2024

Shanghai launches 1st China-Europe freight train of 2024

Shanghai on Friday launched its first China-Europe freight train of 2024, local railway authorities said. ( read original story ...)

Posted on 08/01/2024

Nickel inventories in Shanghai bonded zone barely changed

SMM data shows pure nickel stocks in Shanghai bonded zone were unchanged WoW last week, standing at 3,500 mt, including 1,720 mt of nickel briquette and 1,780 mt of nickel plate. ( read original story ...)

Posted on 08/01/2024

Global Times: Shanghai police’s creative mechanism in solving civil disputes shows wisdom of China’s urban grassroots governance

At a commercial building on the busyNanjing Road West in downtown Shanghai two groups of people almost come to blows over a lease negotiation dispute The situation threatens to escalate as angry lesse ... ( read original story ...)

Posted on 08/01/2024

China’s retail property markets to benefit from consumption recovery as Beijing tops fourth quarter performance

Beijing's retail property market saw a drop in the average vacancy rate in the last quarter of 2023, while rental rates increased Higher demand in Shanghai's retail property market was offset by the ... ( read original story ...)

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