Business news: China market and economy, Finance, Auto, Stocks, IT, Manufacturing, Real Estate – Shanghai Daily
Section feed »

All Business Articles

More News


FDI into mainland expands to US$72b

FDI into mainland expands to US$72b

Foreign direct investment into the Chinese mainland rose 2.3 percent year on year to 496.7 billion yuan (US$72.2 billion) in the first seven months of 2018, official data showed yesterday....

August 17, 2018, Friday


Solid rise in H1 revenue

Solid rise in H1 revenue

Ping An Healthcare and Technology Company Limited said yesterday its revenue grew strongly in the first half of the year by providing customized services to its users....

Tracy Li | August 17, 2018, Friday


17 FAI projects of US$11.3b get green light

17 FAI projects of US$11.3b get green light

China’s top economic planner said yesterday it approved 17 fixed-asset investment projects with a combined investment of 77.7 billion yuan (US$11.3 billion) in July....

August 17, 2018, Friday


Ping An Bank posts 6.5% rise in H1 net profit

Ping An Bank posts 6.5% rise in H1 net profit

Ping An Bank’s move toward intelligent retail banking paid off when its net profit rose 6.5 percent year on year to 13.37 billion yuan (US$1.84 billion) in the first half of the year....

Tracy Li | August 17, 2018, Friday


HK’s shopping malls face new digital payment battleground

HK’s shopping malls face new digital payment battleground

Hong Kong’s shopping districts are well known for their fierce competition....

August 17, 2018, Friday


Massive funds for urban changeover

Massive funds for urban changeover

CHINA has invested 990 billion yuan (US$143.63 billion) for a massive urban redevelopment project in the first seven months of 2018, the housing ministry said yesterday. The People’s Bank of China has ...

August 17, 2018, Friday


China, US to talk tariffs this month

China, US to talk tariffs this month

A CHINESE delegation, led by Vice Minister of Commerce Wang Shouwen, will visit the United States late this month for talks on bilateral economic and trade issues, the Ministry of Commerce announced y...

August 17, 2018, Friday


Turkey doubles tariffs on some US imports while lira rebounds

Turkey doubles tariffs on some US imports while lira rebounds

Turkey doubled tariffs on some US imports including alcohol, cars and tobacco yesterday in retaliation for US moves, but the lira rallied further after the central bank’s liquidity moves had the effect...

August 16, 2018, Thursday


Small role in Tesla plan for Saudi fund

Small role in Tesla plan for Saudi fund

Elon Musk told investors this week that “obviously, the Saudi sovereign fund has more than enough capital needed” to finance taking Tesla private....

August 16, 2018, Thursday


Young largely not ready for retirement

Young largely not ready for retirement

China’s younger generation are largely unprepared for retirement and have limited understanding of pensions, a recent study shows....

Cathy Ding | August 16, 2018, Thursday


New home price rise slows in major cities

New home price rise slows in major cities

New home prices in China’s first and second-tier cities rose at a slower pace in July amid strict enforcement of tightening policies, official data showed yesterday....

August 16, 2018, Thursday


Liquidity pumped in via MLF

Liquidity pumped in via MLF

The People’s Bank of China yesterday injected 383 billion yuan (US$55.5 billion) into the market via the medium-term lending facility to maintain liquidity....

August 16, 2018, Thursday


Call for special bonds issue

Call for special bonds issue

China on Tuesday ordered local governments to speed up the issuance and use of bonds for designated purposes....

August 16, 2018, Thursday


Huifu sees over 70% hike in H1 net profit

Huifu sees over 70% hike in H1 net profit

Shanghai-based Huifu Limited, which is the first listed payment firm in China after debuting on the Hong Kong stock market in June, expects net profit to jump more than 70 percent in the first half, the...

Zhu Shenshen | August 16, 2018, Thursday


Wealthy families worry over economic prospects

Wealthy families worry over economic prospects

China’s wealthy families are slightly less optimistic over the prospects for the Chinese economy as economic growth slowed in the year’s second quarter, the Bank of Communications said in a report yes...

Huang Yixuan | August 16, 2018, Thursday




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号