Kingsoft Cloud Chairman Lei Jun is one of China’s richest men with a fortune worth $10.7 billion on the Forbes Real-Time Billionaires List today. ( read original story ...)
Tesla enters into agreement with a Chinese bank for $565 million loan
As per a regulatory filing on Friday, the firm has secured a $565 million (up to 4 billion yuan) loan for its Shanghai plant, which will be used for expanding production at the site. ( read original story ...)
Disney Gives Detailed Tour of How Shanghai Park Will Operate Once it Reopens
The Walt Disney Co. on Saturday gave journalists a detailed tour of how Park will operate when it reopens to the public on Monday following months of being shuttered due to the coronavirus pandemic. ( read original story ...)
Chinese banking apps are over-collecting personal data
China’s banking sector recently found itself in the spotlight after a popular comedian complained that China CITIC Bank had shared his personal data information without permission. ( read original story ...)
If You Had Bought Shanghai Fudan Microelectronics Group (HKG:1385) Stock A Year Ago, You’d Be Sitting On A 44% Loss, Today
Shanghai Fudan Microelectronics Group Company Limited (HKG:1385) shareholders should be happy to see the share ... ( read original story ...)
Tesla secures $565 million loan for Shanghai factory
Electric carmaker Tesla has entered into an agreement for a working capital loan of up to 4 billion yuan ($565.51 million) with a lender from China for its Shanghai car plant, according to a ... ( read original story ...)
The Week Ahead: Disney reopens Shanghai park
CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories. ( read original story ...)