Xiao is the founder of Beijing-based Tomorrow Group, and is one of China's richest people. He also had close connections with top people of the ruling Communist Party ... ( read original story ...)
Shanghai Plans to Turn Lingang Into Emerging Financial Center by 2025
Shanghai plans to transform Lingang Special Area, a special economic space in the eastern Chinese city’s free trade zone, into an emerging financial center by 2025. Lingang’s financial center will ... ( read original story ...)
China’s United Imaging debuts on Monday after biggest STAR Market IPO this year
Shanghai United Imaging Healthcare Co will start public trading next Monday, the company said, after raising roughly $1.6 billion in the biggest initial public offering (IPO) on Shanghai's ... ( read original story ...)
China Tourism Group prices Hong Kong IPO at HK$158, raising US$2.1 billion
The world’s largest travel retailer by sales prices Hong Kong IPO at HK$158 per share, helping it raise US$2.1 billion in what amounts to the city’s top deal this year. ( read original story ...)
China central bank, under pressure to ease, is hemmed-in by inflation, Fed jitters
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo ... ( read original story ...)
Video: Shoppers Rush for Exits at Shanghai IKEA Store Amid COVID-19 Lockdown
Shangahi Ikea store saw panicked shoppers rushing for the exits after city health authorities on Saturday ordered the store to shutter down with shopper ... ( read original story ...)
China Stock Market Expected To Halt Losing Streak
The China stock market has finished lower in two straight sessions, although it has given up just 5 points or 0.2 percent in that span. The Shanghai Composite Index now rests just above the ... ( read original story ...)