Shares of eBay jumped more than six percent on Tuesday as the online retailer and marketplace?announced plans to spin off its PayPal payments business in 2015, a plan that was originally proposed by activist investor Carl Icahn earlier this year. When the deal is completed sometime next year, eBay president and CEO John Donahoe will step down, replaced by eBay Marketplaces president Devin Wenig. Former Amercican Express executive Dan Schulman will join PayPal as president and CEO after the separation.
Shares of Haidilao opened high at HK.80 (.41) on Wednesday, more than 5.61 percent above its offer price of HK.80. The shares showed signs of extending the strong performance from Monday, when it closed 9.33 percent higher at HK.46 in gray market trading.
Shanghai Sunvision Capital, the PPP investment platform under Fosun, will participate in the railway project. According to Wen Xiaodong, president of Sunvision, the income from the railway project will be made up of operating income and a government subsidy.
Shanghai, a pilot city in the initiative, has taken the effort to 33 poverty-stricken areas in provinces such as Guizhou and Gansu.
Shared bikes clutter a street in Xicheng District, Beijing, Sept 15, 2017. [Photo/ Ecns.cn]
Shanghai currently has 126 museums, memorial halls and galleries, according to the 2017 annual report on Shanghai's museums, released by the Shanghai Municipal Administration of Culture, Radio, Film and TV.
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Shaanxi, located in Northwest China, has enjoyed an increasingly important presence on the world stage as an information and logistics hub since the implementation of the Belt and Road Initiative, which calls for global trade and cooperation.
Shangchuan Island, for example, covers an area of 157 square kilometers, and Xiachuan Island, covering 98 sq km, are the second- and sixth-largest islands in the province and the starting points of China's ancient maritime Silk Road.
Shanghai GM, a joint venture of China's SAIC Motor and US automaker General Motors, had announced its strategy of launching a new "Made in China" new energy vehicle (NEV) model every year from 2016 to 2020, with the range covering different hybrids and pure electric models.
Shanghai's legislative body on Monday appointed Gong Zheng as vice-mayor and acting mayor of the municipality and accepted incumbent mayor Ying Yong's resignation.