Local R&D capabilities are fuelling its China strategy. BMW said there are now 3,200 R&D employees in China using their expertise to develop products for Chinese customers. For example, roughly 70 ... ( read original story ...)
China’s STAR market channels more capital to sci-tech innovation
"Featuring high investment and high risks, sci-tech innovative enterprises have higher demand for the capital market," said Li Qiusuo, managing director of the research department at China ... ( read original story ...)
Dow Jones Shanghai Index
Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ... ( read original story ...)
Shanghai to stop issuing new ride-hailing permits as industry sees saturated market conditions nationwide
Shanghai on Saturday suspended applications for ride-hailing vehicles' operational capacity verification, a precondition to apply for a permit The city's municipal government will stop accepting new ... ( read original story ...)
Warnings of “speculation bubble” in Shanghai’s stock market
"At this stage, we believe the self-correcting mechanism of stock market is also not able to reverse the overpricing." The Shanghai Composite Index, which tracks shares listed on the larger of ... ( read original story ...)
Ex-Spanish stars score with fans at Shanghai soccer carnival
The event reached its climax with the showing up of Spain's legendary goalkeeper Iker Casillas and former players Fernando Morientes and Luis García, as part of the LaLiga Club "legend tour" in China, ... ( read original story ...)
Visitors experience Mongolian custom at night fair in Shanghai
Visitors taste Mongolian specialty food at a night fair at Minhang Museum of Shanghai in east China to experience the traditional Mongolian custom, July 21, 2023. (Xinhua/Xin Mengchen) ... ( read original story ...)