Latest Shanghai News
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Shanghai shares hit 6-month low
HONG KONG: Shanghai shares closed at their lowest since mid-December, exerting pressure on Hong Kong markets on Wednesday, as a cash squeeze in the mainland worsened and official news reports further dampened hopes for policy ...
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Zhejiangs SMEs quickening pace of stock listings
Private enterprises in Zhejiang province, especially small and mid-sized enterprises (SMEs), are speeding up their migration to listed status, said Ernst &Young (E&Y), a leading global tax and transaction service provider. According to data released by E&Y on Thursday, there are 252 Zhejiang-based listed companies that have raised more than 160 billion yuan ($24.8 billion) on the ...
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Beijing cashes in on folk-singing first lady
Long-forgotten photographs of China’s folk-singing first lady have been unearthed by the country’s state media in a further indication of how Communist Party spin-doctors are hoping to cash in on Peng Liyun’s star ...
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Chinese supercomputer is worlds fastest at 33860 trillion calculations per second
A Chinese university has built the world's fastest supercomputer, almost doubling the speed of the US machine that previously claimed the top spot and underlining China's rise as a science and technology ...
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Hang Seng Shanghai end lower
(1 hr 3 mins ago) Hong Kong stocks finished 1.13 percent lower on Wednesday, hit by reports that property tax trials will be launched in China this year in a bid to cap soaring prices. The benchmark Hang Seng Index ended down 238.99 points at 20,986.89 on turnover of HK$61.88 billion, AFP reports. Chinese stocks closed down 0.73 percent. The benchmark Shanghai Composite Index fell 15.84 ...
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Australias ASX 200 0.98 and Chinas Shanghai -0.73
Good Morning, - Euro in demand with all eyes in Fed's statement, Bernanke conference. - Asian shares: Japan's Nikkei 1.83%, Hong Kong's Hang Seng -0.58% (07:00 GMT), Korea's Kospi -0.65%, Australia's ASX 200 0.98% and China's Shanghai -0.73% - All the major currencies marked time on Wednesday as investors waited anxiously to see if the Federal Reserve could clarify ...
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Shanghai Festival Helen Mirren Charms Audience by Learning to Swear in Chinese
– so her request to be taught how to say "pain in the arse" in Chinese during her first public appearance at the Shanghai International Film Festival stunned and amused the Chinese media ...
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Shanghai shares at new 6-mth closing low as easing hopes dashed
HONG KONG, June 19 | Wed Jun 19, 2013 3:08am EDT HONG KONG, June 19 (Reuters) - Shanghai shares closed at a new six-month low on Wednesday, as a cash squeeze in mainland money markets worsened and official news reports dampened hopes for policy easing. The Shanghai Composite Index ended down 0.7 percent at 2,143.5 points, its lowest closing level since December. The CSI300 of the ...
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15 suspects stand trial for Chinas largest online pyramid scam in Zhejiang
FIFTEEN people accused of involvement in the nation's largest online pyramid scheme stood trial yesterday in a court in east China's Zhejiang Province. On June 11, police in Jinhua City busted a website offering discounts on online purchases and arrested Ying Jiancheng and another 14 people suspected of organizing the scam involving 24 billion yuan (US$3.9 billion). An ...
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Shanghai Tower Co-opts with Eslite to Build New Urban Cultural Landmark
TAIPEI, June 18, 2013 /PRNewswire/ -- Shanghai Tower and the Eslite Spectrum in Taiwansigned a letter of intent for leasing agreement today, which marks the Eslite Life will be officially launched in Lujiazui in the Pudong New Area of Shanghai. The duo will collaborate to establish a new cultural landmark which combines the quintessence from both sides of the Taiwan Strait. This cooperation ...
Shanghai Focus
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Shanghai looking ahead to future
Shanghai is the commercial capital of China and the most populous city in the People’s Republic, with origins as a small fishing village, the city has grown into a global city with fingers that stretch across the world, exerting global influence over international cultural, commercial and political scenes. With major projects and programs underway, the future looks bright for Shanghai.
It was recently reported by international, Chinese and Shanghai news media that China had eclipsed Japan as the second-largest economy in the world. China’s GDP and economic activity has surpassed that of Japan for many decades, but the announcement was made on the back of a range of factors including imports and exports and the human development index within major cities such as Shanghai. Read more
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