Hyatt plans first Alila Hotel in Shanghai
SHANGHAI – Hyatt announced that a Hyatt affiliate has entered into an agreement with an affiliate of Fungseng Prosperity Holdings Limited to develop a 188-room Alila hotel in the Jing’an District of Shanghai. A high-profile conversion project, Alila Shanghai is … Continue reading Hyatt plans first Alila Hotel in Shanghai
Shanghai stock exchange suspends Ant Group’s IPO
HONG KONG/NEW YORK – China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma. The … Continue reading Shanghai stock exchange suspends Ant Group’s IPO
Huawei invites to tech forum in Shanghai
Shanghai – The world’s largest smartphone maker will host the annual Huawei Connect tech forum from Wednesday to Saturday in Shanghai. Chairman Guo Ping will open the gathering with a 15-minute speech, the first executive-level public address since Huawei was … Continue reading Huawei invites to tech forum in Shanghai
Shanghai Disneyland reopens after three months
Shanghai – Three months after it closed, Shanghai Disneyland will be the first Disney theme park to resume business, though admission will be limited. Tickets for the first three days were snapped up quickly when they went on sale on … Continue reading Shanghai Disneyland reopens after three months
China: Global financial giants investing despite virus
SHANGHAI/BEIJING – Some of the world’s top financial institutions, including BlackRock and JPMorgan, are increasing investments in China’s financial hub Shanghai, undeterred by the novel coronavirus outbreak, the city government said on Friday. Shanghai also held an online opening ceremony … Continue reading China: Global financial giants investing despite virus
China halts Shanghai-London stock link
HONG KONG/LONDON – China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters. Suspending the Shanghai-London Stock Connect scheme casts a shadow over the future of … Continue reading China halts Shanghai-London stock link
China-produced Tesla on sale in January
Shanghai – The first batch of vehicles produced by U.S. electric carmaker Tesla Inc.’s overseas plant in Shanghai was delivered Monday. Fifteen Model 3 cars built in Shanghai were handed over to company employees at the Shanghai facility. And deliveries … Continue reading China-produced Tesla on sale in January
Shanghai: Regulation for Foreign Investment Law
Shanghai – On September 18, Shanghai’s municipal government issued Opinions on the Further Promotion of Foreign Investment in Shanghai, which makes it the first regional jurisdiction to roll-out an implementation regulation for the national Foreign Investment Law. Other jurisdictions are expected to follow … Continue reading Shanghai: Regulation for Foreign Investment Law
BYTON opens Shanghai Design Studio
Shanghai – BYTON officially opened its Shanghai Design Studio, yet another symbol of the continuous growth of the company’s global design power. The Shanghai Design Studio will focus on the Chinese market, as well as work closely with the existing Design … Continue reading BYTON opens Shanghai Design Studio
Israel official Culture Travel Partner of ITB China
Berlin/Shanghai – The Israel Ministry of Tourism announces that it has become the official culture travel partner of the third edition of ITB China, set to take place from 15 – 17 May 2019, at the Shanghai World Expo Exhibition and … Continue reading Israel official Culture Travel Partner of ITB China