Cambricon’s gains make it the seventh-largest company on the Star Market, but it is unlikely to post profit until 2022 amid rapidly increasing R&D expenses. ( read original story ...)
Tomorrow Group-linked shares tumble after China seizes affiliated financial firms
Shares in two companies with connections to troubled Chinese conglomerate Tomorrow Holdings Co Ltd slumped on Monday after regulators seized control of nine firms affiliated with the group. ( read original story ...)
Etihad Airways to resume flights to Shanghai with weekly service
“The restarting of passenger services between Abu Dhabi and Shanghai will cater to the large demand from business travellers in the UAE, China, and other economies in the Middle East and Africa. We ... ( read original story ...)
Overseas cinemas in Shanghai reopen amid COVID-19 with confidence in Chinese mainland market
"I'm proud that China has done a good job in fighting against the virus, which gives foreign-invested theaters in China, like CGV, lots of confidence to resume our business," said Yang, a ... ( read original story ...)
Google Maps Rival Helping Pakistan Find Virus Hotspots Plans IPO
TPL Trakker Ltd., a Pakistani mapping and tracking services provider that is also working with the government to locate Covid-19 hotspots, plans to raise 1.4 billion rupees ($8.4 million) in an ... ( read original story ...)
Shanghai stocks jump more than 2% as China keeps benchmark lending rate unchanged
China kept both its one-year and five-year loan prime rate unchanged as its economy continued to recover after reopening following the coronavirus crisis. ( read original story ...)
Shanghai Drug Maker Gets $97 Mln From Fidelity, GIC, Qiming, Others
The Covid-19 pandemic has put China's pharmaceutical, medical an healthcare industries in the global spotlight. ( read original story ...)