Tesla, which started hiring for the new Shanghai factory in August, previously said that it would raise capital from Asian debt markets to fund the construction, which will cost around $2 billion. ( read original story ...)
Tesla secures Shanghai site for China Gigafactory
BEIJING (Reuters) - Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a ... ( read original story ...)
China stocks end higher led by infrastructure and utilities
The blue-chip CSI300 index ended 0.6 percent higher at 3,118.25 points while the Shanghai Composite Index also gained 0.6 percent to 2,561.61 points. ** Most sectors gained, led by infrastructure and ... ( read original story ...)
New “Smart” Attracts Global Attention – The LED Bulb Expert WELLMAX Launches Masterpiece Again
The LED Bulb Expert, Shanghai Wellmax Lighting (WELLMAX) has participated in this event, and again amazed the global clients by showcasing its latest technology and products. WELLMAX’s teams on the Ca... ( read original story ...)
China’s stock market loses $3 trillion in market capitalisation in last six months
The Chinese stock market has lost $3 trillion in the last six months since the beginning of the trade war with the US. The Shanghai Composite Index, the country's benchmark stock index is trading now ... ( read original story ...)
China stocks higher at close of trade; Shanghai Composite up 0.60%
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1059 to 349 and 59 ended unchanged. Shares in Danhua Chemical Technology Co Ltd A (SS:600844) fell to 5-year lows; falling 10 ... ( read original story ...)
China’s stock market suffers $3tn rout in last six months
The Shanghai Composite Index, China’s benchmark stock index, is now 50% below its bubble-high in 2015. The world’s second-largest market by valuation has suffered a $3-trillion rout in the ... ( read original story ...)