|
Chinese billionaires are discovering a new source of big returns - the wine market. The yield rate from some famous French vintages during the first half of this year has exceeded 30 percent, far above any alternative.
Wine-collecting tips for investors
Wineries: new fruitful industry
Highly coveted hairy crabs from the Yangcheng Lake, which are said to be the best in China, started going on sale on Friday as the new season got under way.
Hundreds of Apple fans waited in the rain at Apple's shop in Sanlitun, Beijing on Sept 17, hoping to buy an iPad on the first day that the long-awaited products were sold on the Chinese mainland, the Legal Evening News reported.
The Taiwan Pavilion at the on-going Shanghai World Expo was sold for 458.88 million New Taiwan dollars ($14.45 million), the pavilion's operator announced here Thursday.
According to figures provided by Mocha, the average cost of a wedding in China is now 200,000 yuan, although the company has handled weddings that have cost a staggering 10 million yuan.
The transaction - a 7.1 percent stake in Club Mediterranee SA - would give Guo, chairman of Fosun Group and one of China's richest men, a seat on the board of the famed French luxury leisure group.
Beijing's expanding population of seniors and its shortage of nursing homes has led to a scramble for space in care facilities - not only among Beijing's pensioners but even among people in their 50s looking for a place to spend their twilight years.
A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.
Name | Value | Change | Time |
Shanghai | 2,794.27 | -0.58% | Thur |
Shenzhen | 12,392.93 | -0.26% | Thur |
HSI | 22,530.18 | +0.06% | Thur |
NIKKEI | 10,071.14 | -0.11% | Thur |
Dow | 12,719.49 | +0.74% | Thur |
Nasdaq | 2,872.66 | +1.36% | Thur |