In a year where initial public offerings globally have slumped by more than two-thirds, one would expect the summer break to be especially quiet. Not so in Asia, where stock listings have notched ... ( read original story ...)
Bank of China raised H1 mortgage lending to support market growth
Bank of China said on Wednesday it had increased mortgage lending in the first half to support the healthy growth of the property market.The remarks were made by bank chief Liu Jin at a news ... ( read original story ...)
How effective was the Shanghai lockdown policy compared with that of other countries?
A recent study aimed to fill this gap in research by evaluating the impact of strict lockdown measures on SARS-CoV-2 Omicron transmission in Shanghai between March and April 2022. ( read original story ...)
Shanghai reports one COVID-19 case outside quarantine zones
Shanghai reported one locally transmitted confirmed COVID-19 case outside quarantine zones on Wednesday. The case, a 25-year-old male, arrived in Shanghai on Monday for a business trip. He currently ... ( read original story ...)
Shanghai stocks fall as COVID-19 woes, weak factory activity weigh
Shanghai stocks fell on Wednesday as some big cities tightened COVID-19 curbs to combat fresh outbreaks, while sentiment was also dented by data showing factory activity extended declines. ** The ... ( read original story ...)
China Construction Bank says economy faces large downward pressure this year
China Construction Bank said on Wenesday the Chinese economy faces fairly large downward pressure this year. The comments were made by Zhang Jinliang, president of CCB in a press conference following ... ( read original story ...)
Baowu Steel Usurps SAIC Motor as Shanghai’s Biggest Company
China Baowu Steel Group is Shanghai’s largest company by revenue, pushing automaker SAIC Motor into second place. Baowu’s revenue jumped 44 percent to CNY9972.3 billion (USD140.7 billion) last year ... ( read original story ...)