Shanghai

In print this week

All eyes on China, the crux of world growth

SINGAPORE (Sept 23): Once a manufacturing powerhouse for low-quality goods, Shanghai is fast embracing a new norm in which fast-food bills and taxi fares are settled with a mere tap of the mobile phone, and everything from the week’s groceries to the la

Perennial acquires 49.9% stake in eldercare operator, Renshoutang

SINGAPORE (Sept 13): Perennial Real Estate Holdings has acquired a 49.9% in Shanghai RST Chinese Medical Co, or Renshoutang, through a capital injection of RMB735.5 million ($149.7 million).

CDL China invests RMB 100 mil in online apartment rental platform

SINGAPORE (Sep 5): City Developments says its wholly-owned subsidiary CDL China has invested RMB 100 million ($20.3 million) for a 20% stake in mamahome, a fast growing Chinese online apartment rental platform.

Broker's Calls

Clean bill of health for Raffles Medical

SINGAPORE (Aug 26): OCBC Investment Research has maintained its “hold” recommendation for Raffles Medical Group with a fair value of $1.54, after taking into account the near-term cost pressures seen in its 2Q results.

China Focus

4 answers to China’s impending growth and financial woes

SINGAPORE (July 11): Citi Research says the second half of 2016 is not looking good for China’s growth and financial stability, based on the notion that even more challenges will arise for its domestic and external conditions.

Broker's Calls

CapitaLand Retail China Trust kept at ‘hold’ by OCBC on the back of upcoming Beijing retail supply

SINGAPORE (June 20): OCBC has reiterated its “Hold” call on CapitaLand Retail China Trust (CRCT), with a target price of $1.43 on the back of a weak retail market and an impending influx of office supply within Beijing.
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