In the 1920s and 1930s, left-wing activists haunted the city’s coffee shops, sipping “proletarian coffee” and dreaming up radical changes to the social order. ( read original story ...)
Technology companies rise sharply in Hong Kong after days of crash
Hong Kong Stock Exchange experienced a sharp rebound in key technology values, approaching 30% today, a period of recovery after the plunge in the past few days. Just before 14:00 local time (06.00 ... ( read original story ...)
Tesla shuts down production at Gigafactory Shanghai for two days amid surge in COVID cases
Tesla is shutting down production at Gigafactory Shanghai for two days this week amid a surge in COVID-19 cases in China – though the company didn’t confirm it was the reason. China has strict ... ( read original story ...)
Thinning Shanghai Traffic Shows Lockdown Threat to Oil Demand
Traffic congestion in Shanghai is more than a third lower than a year ago, highlighting the impact on oil demand as Chinese authorities stick with their Covid Zero strategy to try and stem the omicron ... ( read original story ...)
China says it will support Chinese IPOs abroad, calls for closure on tech crackdown
China signaled support for Chinese stocks on Wednesday, after days of worries about U.S. delisting risks had sent the stocks plunging in New York and Hong Kong. ( read original story ...)
Shanghai says no COVID lockdown for now and tells bankers to work at home
One official has said that "there’s no need to lock down the city,” as authorities are keen on minimizing the impact of virus mitigation efforts on businesses and people's lives. ( read original story ...)
EXCLUSIVE Tesla stops work at Shanghai factory for two days amid China COVID curbs – internal notice
Electric vehicle giant Tesla is suspending production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as China tightens COVID restrictions to curb the ... ( read original story ...)