Beijing Based Chanson News Today

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Super Hi International Holding Ltd., the international operator of Chinas popular hot pot chain Haidilao, is planning to boost its international footprint following a listing in the U.S. thats been well-received.

Haidilao operator Super Hi International plans to use 70 per cent of the listing proceeds to strengthen brand and expand network globally. The US debut adds momentum for Chinese firms weighing a listing abroad.

A 0.5 percentage-point cut to the ratio, the amount of cash that banks have to keep in reserve, will provide 1 trillion yuan ($139 billion) in long-term liquidity to the market, Pan said during a briefing with the press Wednesday.

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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

China central government suspended the reporting of young unemployment statistics on Tuesday, as its central bank slashed a crucial interest rate