Chinese bio-manufacturing company Mojia Biotech has secured USD80 million in its latest financing round led by Singaporean sovereign wealth fund Temasek Holdings. Private equity investment firm Lyzz ... ( read original story ...)
Chinese chip maker Loongson Technology goes public in Shanghai
Chinese chip maker Loongson Technology went public on the STAR Market technology board on the Shanghai Stock Exchange on Friday, with the firm’s stock ... ( read original story ...)
Two test drivers killed as Nio electric car plummets out of office building in Shanghai
Social media users criticised Nio’s statement claiming the incident was an “accident” not caused by issues with the vehicle ... ( read original story ...)
Two killed as Nio electric car crashes from third floor of a Shanghai building
Two people died this week when a Nio electric car crashed to the ground from the third floor of a parking lot in Shanghai. ( read original story ...)
H&M closes Shanghai flagship store, hurt by lockdowns and consumer backlash
H&M has shut its flagship Shanghai store, its latest closure in China where consumer demand has slumped amid COVID-19 lockdowns and the fast-fashion retailer has borne the brunt of a backlash against ... ( read original story ...)
Nio says vehicle not at fault in fatal ‘accident’ at Shanghai headquarters
The incident potentially delivers another blow to the company’s reputation following a high-profile accident involving a Nio car last year. ( read original story ...)
2 people died after a Nio electric car they were test driving fell 3 floors in Shanghai, company says
Nio markets itself as a premium car brand focused on autonomous cars. It's often seen as a rival to Tesla. ( read original story ...)