BlackRock Inc. is seeking to sell an office complex in Shanghai at about a 30% discount to its purchase price, people with knowledge of the matter said, reflecting the sluggish commercial property ...

Earlier, BlackRock forfeited two office towers in Shanghai's Waterfront Place business zone after defaulting on a 780 million yuan syndicated loan. The office complex is now being offloaded to DCL ...

BlackRock manages $11.6 trillion of assets globally. Assets under management at its Shanghai-based China fund unit nearly halved from the end of 2021 to 3.6 billion yuan ($496.82 million ...

Since BlackRock’s fund opted to skip payments on a syndicated ... Standard Chartered is now in advanced talks to offload the two office towers at Shanghai’s Waterfront Place business zone to DCL ...

Measures to stop the spread of COVID-19 have largely curbed business activity in Shanghai, with candidate interviews being moved online, one of the people said. read more BlackRock's Shanghai ...

BlackRock Inc., the world’s largest money manager, plans to start using the Shanghai-Hong Kong exchange link, endorsing a program that has so far been slow to lure international investors.

Wenjie Lu, the former chief investment officer of BlackRock China Fund Management Co., is moving to Hong Kong from Shanghai and has taken up an expanded role of Greater China investment strategist ...

SHANGHAI/BEIJING (Reuters) - BlackRock has become the first global asset manager to win regulatory approval to set up a mutual fund unit in China, as Beijing throws open its 17.7 trillion yuan ($2.58 ...

The world’s largest asset manager BlackRock is selling its last major asset in Shanghai for two-thirds of what it paid, as it beats a retreat from the country’s battered property market.