Financial industry pageant sees 15th anniversary

A view of the Lujiazui area in Shanghai. [Photo/VCG] The 2024 Lujiazui Forum, a financial industry pageant which will celebrate its 15th anniversary this year, will be held in Shanghai from June 19 to 20, local officials said during a press conference on Tuesday. The theme of this year’s Lujiazui Forum will be centered on … Continue reading Financial industry pageant sees 15th anniversary

All eyes on Xiaomi car to see if it can trump rivals

Xiaomi CEO Lei Jun introduces the SU7 in Beijing on March 28. [Photo/Agencies] No model has ever garnered more attention in China than the Xiaomi SU7, which was launched on Thursday night in Beijing. It may sound unbelievable but the launch event attracted more than 40 million views on Xiaomi Auto’s Weibo alone. Even guessing … Continue reading All eyes on Xiaomi car to see if it can trump rivals

Chinese billionaire Wang Jianlin’s restructured company attracts $8.3b new investment

Customers visit a Wanda Plaza in Xiamen, East China’s Fujian province. [Photo by Zhou Daoxian/For China Daily] Chinese billionaire Wang Jianlin’s restructured company Xindameng attracted a new investment of about 60 billion yuan ($8.3 billion) on Saturday, marking the largest single investment in the Chinese private equity market in five years. Investors, which include private … Continue reading Chinese billionaire Wang Jianlin’s restructured company attracts $8.3b new investment