Clement Kwok, CEO of Hongkong Shanghai Hotels, discusses the company's latest results and outlook for the tourism industry. He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia ... ( read original story ...)
Mercedes opens new R&D center in Shanghai
Mercedes-Benz has announced teh opening of a new research and development center in Shanghai, China. It will focus on tech fields such as connectivity, automated driving and big data. ( read original story ...)
Shanghai Smart Control’s IPO to debut on Shenzhen Stock Exchange
Shanghai Smart Control (001266) to start trading on the Shenzhen Stock Exchange's Main Board Feb 28, next Monday. The firm has issued 18.36 mln shares priced at RMB 38.61 per share raising RMB 708.88 ... ( read original story ...)
Chinese fintech stocks top weekly financial gainers; two insurance names decline
Some U.S.-listed Asian fintech rode higher this week after China pledged to stabilize markets and to support companies listing overseas ... ( read original story ...)
‘Don’t have a weekend’: ‘Iron army’ of grocery runners feeds Shanghai as Covid hits
Coronavirus: Grocery suppliers are struggling to keep up with a rush of orders from sequestered citizens in Shanghai, which has a population of 25 million. ( read original story ...)
Temporary staff from suspended businesses help meet demand in Shanghai
Shanghai continues to battle its latest COVID-19 outbreak and many communities are in lockdown. That has made a huge surge of online orders for daily necessities. Many complain that delivery takes ... ( read original story ...)
Sanctions-hit Chinese facial recognition firm DeepGlint in muted trading debut in Shanghai, with US$1 billion market cap
Chinese artificial intelligence (AI) company DeepGlint, which once targeted a US$300 billion valuation, made its trading debut in Shanghai on ... in facial recognition technology, the company ... ( read original story ...)