SHANGHAI Aug 28 Chinese newspapers available in
Beijing and Shanghai carried the following stories on Thursday.
Reuters has not checked the stories and does not vouch for their
CHINA SECURITIES JOURNAL
- Yu Shengfa, vice president of e-commerce giant Alibaba's
IPO-BABA.N future financial company, said the company has
submitted applications to related regulators to set up "Ali
Bank" which could be approved in September.
SHANGHAI SECURITIES NEWS
- Shanghai's municipal government has published a document
outlining its strategies to develop the city into a global
trading centre, including plans to build international trading
platforms for commodities such as natural gas and iron ore in
its free-trade zone.
- China could implement real estate registration system in
2017, said Leng Hongzhi, an official at the Ministry of Land and
- Lenovo Group Ltd will soon settle a year-old
class action lawsuit over laptop malfunctions in the United
States for approximately $70 million.
For Hong Kong and South China newspapers see.....
(Reporting by Shanghai Newsroom; Editing by Subhranshu Sahu)