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Shanghai s hi-tech park rents fall as the economic slowdown bites but landlords keep the faith eyeing tenants strong business prospects

Rental rates at Shanghai's hi-tech parks have slipped this year as start-ups battled cost pressures in a slowing economy, but as the city steps up efforts to bolster sectors like semiconductors, artificial intelligence (AI) and biotech, owners of such businesses will generate stable returns for both investors and vendors. According to property services firm JLL, rents at the city's major hi-tech parks stood at 4.5 yuan (62 US cents) per square metre per day in the third quarter of 2023, down 2 p

Hilton Expands Network Effect in China with Signings Across Multiple Brand Categories

Hilton (NYSE: HLT) has announced a number of new signings in China in the first half of this year, including Conrad Qingcheng Mountain, Hilton Shanghai City Centre, Hilton Shanghai Jing an, Curio Collection by Hilton hotels in Yantai and Anji, Hilton Garden Inn Hangzhou Grand Canal and Hilton Garden Inn Chengdu Chenghua. Marking continued growth across multiple brand categories, these properties are strategically located in ancient capitals, cultural hotspots, vacation resorts and wellness retreats.

Hilton Announces Signings Across Multiple Brand Categories in China

Article - Hilton Announces Signings Across Multiple Brand Categories in China - Hilton (NYSE: HLT) has announced a number of new signings in China in the first half of this year, including Conrad Qingcheng Mountain, Hilton Shanghai City Centre, Hilton Shanghai Jing an, Curio Collection by Hilton hotels in Yantai and Anji, Hilton Garden Inn Hangzhou Grand Canal and Hilton Garden Inn Chengdu Chenghua.

IPO | South China Morning Post

Latest news and analysis on initial public offerings (IPOs), with a particular focus on companies raising funds on the Hong Kong Stock Exchange.

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