City Shanghai Financial News

11.03 / 03:43

markets UPS MET Progressive country information Exclusive-Chinese regulators ask large banks to step up support for Vanke, sources say

HONG KONG/SHANGHAI/BEIJING (Reuters) -Chinese regulators recently met financial institutions to discuss state-backed property developer China Vanke where they asked large banks to enhance financing support and asked private debt holders to discuss maturity extension, two sources said.

10.03 / 12:31

Provident Target Manufacturing security economy reports Relationships Shanghai Zhenhua denies posing cybersecurity risk to US ports

BEIJING (Reuters) — Shanghai Zhenhua Heavy Industries (ZPMC) said on Sunday its cranes do not pose a cybersecurity threat, after U.S. congressional committees questioned the Chinese state-owned company's work on cranes bound for the United States.

08.03 / 13:29

markets UPS Target JPMorgan economy country International JPMorgan says one market is ‘irreplaceable’ for asset managers

JPMorgan Chase & Co. will continue hiring in China for its asset management business as it targets growth in the world’s second-largest economy.

08.03 / 09:21

markets UPS economy Trade reports Stock market today: European shares mostly down after rally in Asia, as focus remains on rates

European shares are mostly declining, but Asian benchmarks finished higher after U.S. stocks climbed to records

07.03 / 03:01

markets economy MSCI Nikkei show reports Asian shares rally on US rate relief, yen jumps on BOJ chatter

By Stella Qiu

06.03 / 09:03

markets UPS security Trade Justice country China's top securities regulator vows to 'strictly' crack down on market manipulators

BEIJING — China's top securities regulator vowed to «strictly» crack down on market manipulators, while stating that protecting small investors was a «core task.»

05.03 / 15:55

security Sustainability Boxing trends testing Features 10 stylish and useful everyday Clutches for women under 2000

Elevate your daily look with these affordable accessories that seamlessly blend fashion and utility. Delve into the world of fashion-forward and budget-friendly clutches that will effortlessly elevate your everyday look.

05.03 / 10:26

markets Target economy China needs to unlock more stimulus to meet 5% GDP target- ANZ

Investing.com-- The Chinese government will likely need to unlock more stimulus to meet its 5% GDP target for 2024, analysts at ANZ said in a note on Tuesday.

05.03 / 05:51

markets Provident Target Gap economy show reports Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024

Shares are mixed in Asia after China's premier said the country's target for economic growth this year is around 5%, in line with expectations

05.03 / 02:17

markets Gap Tesla SpaceX pandemic show Elon Musk loses world’s richest person title to Jeff Bezos

Elon Musk is no longer the world’s richest person. Musk lost his position atop the Bloomberg Billionaires Index to Jeff Bezos after shares in Tesla Inc. tumbled 7.2% on Monday. Musk now has a net worth of $197.7 billion; Bezos’ fortune is $200.3 billion.

04.03 / 23:19

markets Tesla Trade War country Tesla shares skid after China sales fell to the lowest level in over a year

By Hyunjoo Jin

04.03 / 04:03

markets economy Sustainability Nikkei trends Trade Asian stocks Asian stocks dip ahead of more China cues; Nikkei coasts past 40,000

Investing.com-- Most Asian stocks fell slightly on Monday, weighed chiefly by caution ahead of China’s national congress for 2024, although a sustained rally in technology stocks saw Japanese markets make new highs.

03.03 / 10:13

UPS Target economy Trade country gatherings Xi Jinping and China face another tough year

China’s woes. Just over a year ago, Mr Xi abandoned his strict “zero-covid" measures, which had been in force for nearly three years and had led to ever more frequent lockdowns. But the country did not experience what Mr Xi described in his speech as a “smooth transition".

01.03 / 10:39

markets UPS DOW Manufacturing economy show record high Stock market today: World stocks track Wall Street gains, Japan shares hit record high

Japanese stocks have again set a record, a day after U.S. stocks climbed to all-time highs

29.02 / 05:01

markets UPS Platform Research Caseys social play In delicate China play, Reckitt turns to livestreaming to sell condoms

By Richa Naidu and Casey Hall

26.02 / 09:41

markets IPO security WhatsApp Opinion show Chinese companies axe IPO plans amid listing scrutiny

Forty-seven companies pulled their listing plans from China's stock exchanges so far this year, compared with 29 withdrawals during the same period one year earlier, data from stock exchanges showed.

26.02 / 04:45

markets economy Nikkei Trade record high Stock market today: Asian shares mostly decline, while Tokyo again touches a record high

Asian shares are mostly lower, although the Tokyo stock markets touched another record high in morning trading

25.02 / 14:32

UPS CEO Entertainment Strategy Parke Food Inside Meet the Former CFO Who Thinks He Can Fix Disney

When Disney’s efforts to build a theme park in China became snarled in the late 2000s, Chief Executive Bob Iger sent his parks chief to Shanghai to figure out why government officials weren’t returning calls. Jay Rasulo recalls meeting with a high-ranking Communist Party official on the trip who urged him not to give up. “Jay, keep knocking at the gate," the official said.

24.02 / 06:25

Provident Target security Enterprise show information reports Chinese hackers have stolen 100 GB of immigration data from India, leaked papers show

hacking group has exposed extensive cyber intrusions conducted by Beijing's intelligence and military entities against foreign governments, companies, and infrastructure. According to a report by The Washington Post, the leaked cache, comprising over 570 files, images, and chat logs, provides a rare insight into the operations of a firm hired by Chinese government agencies for on-demand, mass data-collecting operations. The files, posted on GitHub last week, reveal contracts spanning eight years aimed at extracting foreign data. The targets include at least 20 foreign governments and territories, such as India, Hong Kong, Thailand, South Korea, the United Kingdom, Taiwan, and Malaysia.

23.02 / 18:51

markets UPS Citi Reuters trends China's new home prices extend declines despite policy support

By Liangping Gao and Ryan Woo

21.02 / 03:29

markets security Analysis WhatsApp Trade information China restricts quant fund Lingjun in effort to boost market

China's stock exchanges on Tuesday said major quant fund Lingjun Investment had broken rules on orderly trading and barred it from buying and selling for three days, as part of wider regulatory efforts to revive market confidence. Orders from Lingjun to dump stocks in early trade on Monday coincided with rapid declines in the benchmark indexes, the Shenzhen and Shanghai stock exchanges said, adding they would restrict the hedge fund's trading until Feb. 22.

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