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Posted on 10/01/2024

Shanghai Consumer Confidence Picked Up in Fourth Quarter of 2023, Index Shows

Shanghai’s consumer confidence index came in at 101.7 in the three months ended Dec. 31, up 1 point from a year earlier and 0.3 point from the third quarter, the SUFE said today. A reading above 100 ... ( read original story ...)

Posted on 10/01/2024

Shanghai, Other First-Tier Cities Led China’s Fall in Housing Rent in Third Quarter

As of the end of the third quarter, China’s housing rent index of 40 key cities dropped 1 percent from the end of the previous quarter and 0.7 percent from a year earlier, according to the Beike ... ( read original story ...)

Posted on 10/01/2024

China claims it has cracked Apple Airdrop’s encryption to identify senders

Hong Kong CNN — A Chinese tech company has succeeded in cracking the encryption around Apple’s Airdrop wireless file sharing function to identify users of the popular feature, according to Beijing’s ... ( read original story ...)

Posted on 10/01/2024

Hong Kong seen among five busiest IPO venues in 2024 with proceeds doubling to US$12.8 billion, KPMG forecasts

Hong Kong seen rising to among top five busiest IPO venues as proceeds to more than double in 2024, KPMG forecasts China's onshore market is expected to see a steady stream of IPOs after ending 2023 ... ( read original story ...)

Posted on 10/01/2024

In Shanghai, vacant storefronts abound, but it’s still a struggle to find space

Shanghai coffee shop owner Rose Liu avoided massive losses during the pandemic, partly thanks to a tarot card reading in early January 2022. The reading predicted her business would lose money that ... ( read original story ...)

Posted on 10/01/2024

C919 now serves Shanghai-Beijing route

The C919, China's self-developed large passenger aircraft, commenced operation on a new route connecting the megacities of Beijing and Shanghai on ... ( read original story ...)

Posted on 10/01/2024

Magnificent Seven Are Larger Than Entire Countries’ Stock Market

The Magnificent Seven stocks’ meteoric rise has led to concerns about their lofty valuation and overconcentration in the stock market today.Combined, the seven names—Amazon, Apple, Alphabet, Microsoft ... ( read original story ...)

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