The Shanghai High People’s Court has issued a document in which it states that Bitcoin is subject to property rights laws and regulations. That finding was made in relation to a lawsuit filed in a ... ( read original story ...)
Tesla stock hits 8-month low as Shanghai Gigafactory adds drag
Tesla's (TSLA) stock briefly dipped below the $700 level on Thursday, amid an overall market rout and concerns of production stalls at the electric vehicle's Shanghai plant . ( read original story ...)
Tesla ships first electric cars overseas since lockdown halted Shanghai production, as domestic sales dwindle to a trickle
Some 4,767 EVs built at the Gigafactory 3 left for Slovenia on Wednesday, according to Jiefang Daily The plant suspended production between March 28 and April 18 as Shanghai doubled down on curbs to ... ( read original story ...)
Shanghai hunts for last COVID cases in lockdown as Beijing curbs taxis
Shanghai, China’s mass testing detected two new cases in its “zero COVID” districts as the city continued enforcing its monthlong lockdown. ( read original story ...)
Beijing Denies Lockdown Rumours As Shanghai Hunts Elusive COVID
Beijing denied it was heading for lockdown as panic buying gripped the capital on Thursday, while Shanghai combed the city for lingering COVID-19 cases in the hope of clearing the way to escape from ... ( read original story ...)
First bank in Shanghai resumes in-person business as city ramps up recovery
VCG. A branch of Shanghai Rural and Commercial Bank (SRCB) in the city's Jinshan district resumed in-person business Thursday, becoming the city's first bank to re ... ( read original story ...)
China Scrutiny Stymies JD.Com Fintech Unit’s $2 Billion Hong Kong IPO – Sources
JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to $2 billion Hong Kong IPO because domestic regulatory approval for the listing has not been ... ( read original story ...)