Shanghai
City
China planning agency OKs Shanghai Disney project...the Shanghai region, mainland China's commercial and financial hub. Shanghai, China's biggest city, and Disney have yet to announce final details for the amusement park. Disney has gradually expanded its presence in mainland China after... |
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MarketWatch | November 13, 2009
Tokyo stocks drop while Shanghai, Hong Kong rise
Tokyo stocks drop while Shanghai, Hong Kong rise HONG KONG (MarketWatch) -- Asian share markets ended mixed Friday after a volatile session where resource-linked stocks broadly retraced some recent gains after an overnight fall in commodity...
In this article: Hong Kong, Tokyo, Nymex, Dow Jones Industrial Average, Sydney, Wall Street, Singapore, and Newcrest Mining
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San Francisco Chronicle | 5 days ago
Asian stocks mixed amid caution after gains
...Street. Articles 11-17) 23:16 PST HONG KONG (AP) -- Asian stocks were mixed Wednesday amid investor caution following the recent advance in the region's markets. Japanese and Hong Kong markets fell while South Korea and Shanghai shares...
In this article: Hong Kong, Wall Street, Dow Jones Industrial Average, South Korea, U.S., and Asia
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HSBC lifts Hong Kong, B shares surge in Shanghai
HSBC lifts Hong Kong, B shares surge in Shanghai HONG KONG (MarketWatch) -- A higher finish on Wall Street and extended market gains in Shanghai set the stage for a strong opening for Hong Kong shares Monday, with heavyweight HSBC Holdings...
In this article: HSBC, Hong Kong, MarketWatch, and Wall Street
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The Japan Times: All Stories | November 12, 2009
Hong Kong to keep currency pegged to 'predictable' greenback
...and management at the Hong Kong University of Science and Technology, stressed that Hong Kong, despite intensifying competition with Shanghai as a financial center, has retained competitive edges as a gateway to China, given its advanced...
In this article: Hong Kong, China, Hong Kong University of Science and Technology, The Japan Times, and Tokyo
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AP Online | 11 hours ago
A look at economic developments around the globe
...targets. Asian shares were mixed. Hong Kong's Hang Seng index gained 1.4 percent, South Korea's Kospi fell 0.1 percent, Australia's index gained 0.7 percent and China's Shanghai benchmark rose 0.9 percent. Markets were lower in Indonesia,...
In this article: Dominique Strauss-Kahn, Iran, EU, Taiwan, Europe, Tehran, Recession, Unemployment, and International Monetary Fund
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Shanghai's Haitong buying majority of HK's Taifook
Shanghai's Haitong buying majority of HK's Taifook HONG KONG (MarketWatch) -- Shanghai's Haitong Securities Co. will pay 1.82 billion Hong Kong dollars ($234.8 million) for a majority stake in Hong Kong's Taifook Securities Group, according...
In this article: Haitong, Hong Kong, World Cup, Greece, France, and MarketWatch
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Sydney Morning Herald - Business | November 13, 2009
Job figures a fillip for office markets
...growth trend from 2011 onwards. "The report predicts that Sydney, Melbourne, Hong Kong, Guangzhou and Shanghai are likely to lead the region in returning to positive rental growth,'' Mr Fenton said. "The strength of the domestic...
In this article: Jones Lang LaSalle, Sydney, Melbourne, Unemployment, Down Under, Guangzhou, and NSW
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WSJ.com: Markets | 17 hours ago
Asian Stocks: Hang Seng Up 1.4%
...in Hong Kong and 0.7% in Shanghai, while Macarthur Coal rose 4.2% in Sydney. Among base metal stocks, Jiangxi Copper advanced 3.5% in Hong Kong and 2.7% in Shanghai. In Mumbai, shares of Reliance Industries rose 3.3% after it announced a...
In this article: Hong Kong, Coal, State Council, Bank of China, Reliance Industries, Haitong Securities, Korea Exchange Bank, and James Hardie Industries
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Description from Wikipedia:
Shanghai () is the largest city in China, and one of the largest metropolitan areas in the world, with over 20 million people. Located on China's central eastern coast at the mouth of the Yangtze River, the city is administered as a municipality of the People's Republic of China with province-level status.
Originally a fishing and textiles town, Shanghai grew to importance in the 19th century due to its favourable port location and as one of the cities opened to foreign trade by the 1842 Treaty of Nanking. The city flourished as a center of commerce between east and west, and became a multinational hub of finance and business by the 1930s. However, Shanghai's prosperity was interrupted after the 1949 Communist takeover and the subsequent cessation of foreign investment. Economic reforms in 1990 resulted in intense development and financing in Shanghai, and in 2005 Shanghai became the world's largest cargo port.
The city is a tourist destination renowned for its historical landmarks such as the Bund and City God Temple, its modern and ever-expanding Pudong skyline including the Oriental Pearl Tower, and its new reputation as a cosmopolitan center of culture and design.
Today, Shanghai is the largest center of commerce and finance in mainland China, and has been described as the "showpiece" of the world's fastest-growing major economy.
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