Global stocks and U.S. futures rose on Monday amid a quiet day for markets due to the Memorial Day Holiday. Investor sentiment was buoyed by fresh stimulus in China and the easing of disruptive ... ( read original story ...)
Hong Kong stocks rise to 4-week high with gains in Meituan, Li Ning as Shanghai prepares to exit lockdown
Stock recovery continues as Shanghai prepares to reopen its economy after two months of lockdown. Earnings spotlight falls on Meituan this week after uplifting reports from Alibaba and Baidu. ( read original story ...)
Easing of Shanghai lockdown buoys FTSE 100
British stocks rose at the start of the short trading week as the prospect of Covid-19 curbs being eased in Shanghai in a few days lifted optimism among inve ... ( read original story ...)
China: COVID-19 curbs on business establishments in Shanghai to be lifted
Beijing: The Chinese authorities have announced that the lockdown restrictions imposed due to recent surge in Covid-19 cases on businesses in Shanghai, its biggest city, will be lifted from Wednesday. ( read original story ...)
Shanghai Releases 50 New Support Measures to Restart Economy
Shanghai will abolish the approval system for enterprises to resume work and production from June 1, 2022; it will be influenced by local factors. ( read original story ...)
Shanghai aims for business as usual but hurdles remain
By Michelle Toh, CNN Business China’s richest and most international city is trying to return to business as usual after a two-month lockdown, but some restrictions will remain in place. Shanghai ... ( read original story ...)
Tesla Shanghai Plant Restores Weekly Output to 70% of Pre-Lockdown Level -Sources
Tesla Inc has restored weekly output at its Shanghai plant to nearly 70% of the level which it had operated at before the city's COVID-19 lockdown, according to two people familiar with the matter. ( read original story ...)