Shanghai

The Latest

  • HNA Group Completes Sale Of Shanghai Office Tower For $509 Million
    HNA Group
    Under the sale, state-backed bad debt management firm Chian Cinda Asset Management will own most of the company's Shanghai HNA Tower located in Pudong's Lujiazui area.
  • Boehringer Ingelheim To Establish First Overseas Branch In China
    Boehringer Ingelheim
    The German pharmaceutical giant plans to invest up to 23.55 million yuan to set up its first overseas BI X digital laboratory in Shanghai.
  • Sam's Club To Open Shopping And Lifestyle Flagship Store In Shanghai
    Sam's Club
    Apart from its retail outlet, the 7,000-square meter flagship store will feature several other dining, entertainment, lifestyle, and educational outlets for members.
  • Wuhan-Based Bestore Food Launches First-Ever Online IPO In Shanghai
    BeStore IPO
    Bestore ended its first day of trading 44 percent above its initial IPO price at the Shanghai Stock Exchange.
  • Costco Acquires New Property For Second Store In China
    Costco Wholesale Corp
    Costco, through its wholly-owned subsidiary Pudong Warehouse Development Limited, was able to win a $128 million bid for a parcel of land located in the Kangqiao industrial area of Shanghai's Pudong district.
  • Hongkong Land Holdings Pays Record $4.43 Billion For Property In Shanghai
    Shanghai Property Market
    Hongkong Land Holdings Limited paid a record $4.43 billion for a parcel of land located in the West Bund area within the city of Shanghai.
  • Tesla Shares Tank 18.7% On Delivery Delay Fears
    China-made Tesla Model 3 vehicles are seen at the Shanghai Gigafactory of the U.S. electric car maker in Shanghai
    Tesla shares plummeted suddenly on Wall Street as the company confirmed delivery delays in China.
  • Shanghai Mayor Aiming For 6 Percent GDP Growth This Year
    Shanghai Economy
    Shanghai Mayor Ying Yong told the People's Congress on Wednesday that the city is aiming to hit more than a 6 percent GDP growth this year by tapping into foreign investments and increasing exports.
  • Tesla Expected To Boost Troubled Chinese NEV Market
    China-made Tesla Model 3 vehicles are seen at the Shanghai Gigafactory of the U.S. electric car maker in Shanghai
    Tesla is expected to give a huge shot in the arm to China's struggling market for electric vehicles.
  • Tesla Cuts Price On Made-In-China Model 3 EVs
    China-made Tesla Model 3
    Tesla has dropped the prices for its built-in-China Tesla Model 3 units from 355,800 yuan ($51,000) to 328,800 yuan ($46,400).
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