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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
September 23, 2016
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).
September 13, 2016
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.
September 05, 2016
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.
August 26, 2016
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.
July 11, 2016
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.
June 20, 2016