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Month: January 2021

Posted on 20/01/2021

Mitsubishi’s elevator business in China produces its one millionth unit

Mitsubishi Electric says its Shanghai Mitsubishi Elevator Company (SMEC), a joint venture company operating in China, has produced its one millionth unit. The figure includes both elevators and ... ( read original story ...)

Posted on 20/01/2021

China’s Stock Markets End Day Higher, Led by Tech Shares, ChiNext

China's mainland stock markets closed higher today, driven by technology shares and the ChiNext. The Shanghai Composite Index finished the day at 3,583.09, up 0.47 percent. The Star 50 Index, which ... ( read original story ...)

Posted on 20/01/2021

Shanghai Electric Group (OTCMKTS:SIELY) Sets New 52-Week High at $7.17

Shanghai Electric Group Company Limited (OTCMKTS:SIELY)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $7.17 and last traded at $7.17, with a volume of 0 shares ... ( read original story ...)

Posted on 20/01/2021

Allianz Fund Buys Stake in SG Tower for $477M, Picks Up Shanghai Office Complex

A fund invested by Allianz and Korea's NPS has agreed to buy OUE Bayfront in Singapore and Innov Star in Shanghai's Zhangjiang High Tech Park ... ( read original story ...)

Posted on 20/01/2021

Chinese Banking Stocks May Be the Next to Shine After Better-Than-Expected Fourth Quarter

Shares of Chinese banks are predicted to play catch-up with the wider market rallies this year as their fourth-quarter earnings are turning out better than expected. Amid the broader market's loose ... ( read original story ...)

Posted on 20/01/2021

Shanghai Administers 820,000 Covid-19 Jabs With No Severe Reactions

Shanghai finished inoculating a target group of 820,000 against Covid-19 yesterday. About 580,000 took the jab in one dose, while another 240,000-odd received two. No reported severe reactions have ... ( read original story ...)

Posted on 20/01/2021

China shares rise on c.bank’s liquidity boost; EV, healthcare stocks shine

China shares rose on Wednesday, led by gains in electric vehicle and healthcare stocks, as the central bank kept liquidity abundant to further support economic recovery from COVID-19. ( read original story ...)

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