SHANGHAI-Ritz-Carlton Hotel Co. LLC has opened up a second hotel here in the $1-billion mixed-use Shanghai IFC complex in the Pudong district. The hotel is operating out of the top 18 floors of the 53-story South Tower, where HSBC this month moved its new China headquarters into 22 floors.

Architect Cesar Pelli designed the more than 3.5-million-square-foot complex, which will include the two office towers, a retail mall, the Ritz-Carlton and multifamily. The North Tower is expected to be complete by next year. Savills China is the leasing agent for the complex.

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