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Month: April 2023

Posted on 26/04/2023

Micron case causing concern for US companies in China, business chamber says

Leaders from a top U.S. business lobbying group said on Wednesday that Beijing's probe against U.S.-based chipmaker Micron Technology Inc marked a "major concern" for other companies operating in the ... ( read original story ...)

Posted on 26/04/2023

Thai’s CP Group backs Shanghai as an investment destination

Thailand's CP Group has endorsed the city, telling that "Shanghai is a place that investors cannot miss if they come to China." Super Brand Mall, considered a pioneer in the development of one-stop ... ( read original story ...)

Posted on 26/04/2023

Shanghai shares action plan to make Pudong New Area an international hub

According to the newly released plan, the total retail sales of consumer goods in Pudong will exceed 400 billion yuan ($57.8 billion) by 2025. As the Pudong government has calculated, the Area ... ( read original story ...)

Posted on 26/04/2023

SMIC-backed Chinese contract chip maker seeks to raise US$1.4 billion on Shanghai’s Star Market

Semiconductor Manufacturing Electronics Shaoxing, a joint venture between SMIC and the Shaoxing government, is offering 1.69 billion shares at 5.69 yuan apiece to raise 9.6 billion yuan (US$1.4 ... ( read original story ...)

Posted on 26/04/2023

Stock market today: Asian stocks dip on economy worries

Pedestrians pass by the Hong Kong Stock Exchange electronic screen in Hong Kong, Wednesday, April 26, 2023. Asian shares are trading mostly lower, as worries about the health of global economies grew ... ( read original story ...)

Posted on 26/04/2023

Shanghai Guijiu sees profit increase thanks to young consumers

A Shanghai-listed alcoholic beverage company, Shanghai Guijiu has become the only listed Moutai-flavor distiller besides Kweichou Moutai Co from Southwest China's Guizhou province. During the Nov 11 ... ( read original story ...)

Posted on 26/04/2023

Soft Start Seen For Shanghai Stocks

The China stock market has tracked lower in five straight sessions, slumping more than 125 points or 3.8 percent along the way. The ... ( read original story ...)

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