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  • August 1, 2014
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  1. Shanghai seeks alliances with foreign bourses

    Posted Sep 20th 2007, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Shanghai will make a major effort to help the city's stock exchange co-operate with overseas counterparts, a sign plans for closer trading ties with Hong Kong are gaining pace. Shanghai mayor Han Zheng, at a conference this week to mark the setting up of a panel on establishing Shanghai as an international financial hub, said the city should accelerate ...

    http://www.scmp.com/article/608583/shanghai-seeks-alliances-foreign-bourses
  2. Business - Banking & Finance - BANKING

    Shanghai allows city-owned firm to buy bad loans from local banks

    Posted Mar 07th 2014, 02:40pm by Reuters

    ... Reuters in Shanghai Shanghai gets bad-loan bank as concerns grow The Shanghai government has given approval to a city-owned investment company to buy non-performing loans from local banks, state media reported yesterday. It is the latest local government on the mainland bracing for an expected rise in bad debt. Shanghai's launch of a dedicated "bad-loan bank" ...

    http://www.scmp.com/business/banking-finance/article/1442573/shanghai-allows-city-owned-firm-buy-bad-loans-local-banks
  3. Business - Comment - MR. SHANGKONG

    Hong Kong lawmakers need Shanghai trip to face up to social issues

    Posted Mar 31st 2014, 05:27am by George Chen

    ... Shanghai trip to face up to social issues Most of the time, Shanghai just means business, but the city has also played some significant political roles in contemporary Chinese history. The Sino-US ... development of Hong Kong? On April 12-13 senior officials from Beijing in charge of Hong Kong affairs have invited some of the city's key officials to discuss 2017 electoral reform issues. ...

    http://www.scmp.com/business/article/1461151/hong-kong-lawmakers-need-shanghai-trip-face-social-issues
  4. Business - China Business - RETAILING

    Shanghai outlet centre to promote affordable Italian luxury

    Posted Feb 27th 2014, 10:21am by Daniel Ren

    ... an institute to develop mainland fashion designers. "A developed and healthy luxury market in China will benefit the country's move to push its products up the value chain with excellent ... for the developers of large shopping centres. "Commercial streets in downtown areas are reaching saturation point, and the new supply of commercial space will expand to the outskirts of the city ...

    http://www.scmp.com/business/china-business/article/1436141/shanghai-outlet-centre-promote-affordable-italian-luxury
  5. Business - China Business - ART

    Chinese art buyers help Christie's to record sales year

    Posted Jan 22nd 2014, 05:02pm by George Chen

    ... awareness of the importance and responsibilities of art dealers and buyers will help create a healthy market to promote art [in China]." Besides China, Christie's last year saw significant ... free-trade zone in the city. Christie's has been working with local partners to take advantage of the zone's new tax-free policy to attract more local bidders. For the first Christie's ...

    http://www.scmp.com/business/china-business/article/1411102/chinese-art-buyers-help-christies-record-sales-year
  6. Property - Hong Kong & China - Tax

    As China drafts property tax law, fate of pilot programme up in the air

    Posted Mar 11th 2014, 02:29pm by Langi Chiang

    ... cities, particularly Shanghai, have kept rising, leading critics to conclude that the pilot was a failure- mainly owing to the limited number of homeowners it affects and the low tax rates of up to 0.6 per cent in Shanghai and 1.2 per cent in Chongqing. Widespread speculation arose that the government would experiment with the tax in more cities- such as Beijing, Shenzhen, Hangzhou ...

    http://www.scmp.com/property/hong-kong-china/article/1446030/china-drafts-property-tax-law-fate-pilot-programme-air
  7. Business - China Business - MR. SHANGKONG

    Greedy Shanghai taxi drivers show the 'evil' side of new technology

    Posted Mar 03rd 2014, 02:59am by George Chen

    ... to the city's elderly, who deserve better care and should not be ignored just because they were unaware of the new technology, unlike the young. Those who don't use taxi booking apps find ... the city's government did the right thing in limiting the usage of taxi-booking apps. We will all get old someday and nobody wants to be left behind by society just because of new technology. Any ...

    http://www.scmp.com/business/china-business/article/1438813/greedy-shanghai-taxi-drivers-show-evil-side-new-technology
  8. Business - Comment - MR. SHANGKONG

    Hong Kong's top ranking for economic freedom feels a good laugh

    Posted Jan 20th 2014, 12:15am by George Chen

    ... George Chen george.chen@scmp.com Doubts are growing over the city's competitive edge as a business hub in the wake of HKTV's licence saga and the debate over new property taxes ... the city's economy has become in recent years? The right-wing US think tank ranked Hong Kong the world's freest economy for the 20th consecutive year last week, but many expatriates and locals ...

    http://www.scmp.com/business/article/1409190/hong-kongs-top-ranking-economic-freedom-feels-good-laugh
  9. Business - Banking & Finance

    Regulation delay puts foreign banks in a spot in Shanghai free-trade zone

    Posted Jan 14th 2014, 08:51am by Jeanny Yu; George Chen

    ... business" in the free-trade area, Jack Chan said. Although foreign banks may have enough patience for Shanghai, there may not be much time left for the city to enjoy its free-trade status, according to government sources. The central government might only offer Shanghai one year of "privilege" before it approved other provinces and cities to set up their own free-trade zones, the sources ...

    http://www.scmp.com/business/banking-finance/article/1405201/regulation-delay-puts-foreign-banks-spot-shanghai-free
  10. Business - China Business - industry

    Pollution heads south to Shanghai as steel mills driven from Beijing's environs

    Posted Jan 03rd 2014, 02:13pm by Reuters

    ... created opportunities for polluting industries such as cement and glass-making plants in provinces near Shanghai. While air pollution rates in Beijing and nearby cities in Hebei have been relatively low over the past month, index readings in Shanghai and elsewhere on the eastern coast have hit record highs. Following Beijing’s lead to eliminate steel production in the city, Shanghai ...

    http://www.scmp.com/business/commodities/article/1396590/pollution-heads-south-shanghai-steel-mills-driven-beijings

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