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Month: December 2023

Posted on 23/12/2023

China’s government bond funds flourish ahead of new bank capital rules

SHANGHAI, Dec 22 (Reuters ... GF ChinaBond 0-2 Year Policy Bank Bond Index Fund and Bosera JinYuan Bond Fund raised nearly 8 billion yuan each, among the largest bond funds launched this year. The ... ( read original story ...)

Posted on 22/12/2023

Tesla Powers Up In China: Land Acquired for Megapack Battery Factory Construction In Shanghai

EV giant Tesla Inc (NASDAQ:TSLA) has reportedly acquired land for its Shanghai-based Megapack battery factory and is gearing up for construction. What Happened: The land acquisition was reported by ... ( read original story ...)

Posted on 22/12/2023

Tesla secures a site in Shanghai to build its Megapack energy-storage battery plant

The US carmaker will produce 10,000 massive batteries a year at the Megafactory in Shanghai’s Lingang free-trade zone when construction of the plant is complete. ( read original story ...)

Posted on 22/12/2023

Harrods opens private members’ club in Shanghai costing £16,500 a year

Private jet flights and rare whiskies on offer at 250-member club aimed at wealthy Chinese people ( read original story ...)

Posted on 22/12/2023

Tesla’s new mega factory project in Shanghai officially launched

advanced development concepts and good business environment have created huge opportunities for enterprises, and the Chinese market is a "must" for Tesla's development. In January 2019, Tesla broke ground on its Shanghai Gigafactory, becoming the first to ... ( read original story ...)

Posted on 22/12/2023

Tesla acquires Shanghai land for megapack battery plant

Tesla has acquired land in Shanghai for a megapack battery manufacturing plant with production expected to start in the fourth quarter of 2024, Chinese state media reported on Friday. ( read original story ...)

Posted on 22/12/2023

Chinese property developer Powerlong signs restructuring deal with creditors in ‘significant progress’ for debt solution plan

Distressed Chinese developer Powerlong Real Estate Holdings unveiled the preliminary terms of a restructuring agreement with an ad hoc group (AHG) of creditors late on Thursday, a deal which is ... ( read original story ...)

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