SHANGHAI'S lockdown is placing severe strains on businesses and the Chinese economy in a crucial test for the country's zero-Covid strategy. ( read original story ...)
Shanghai assures supply of daily necessities to 25 million, vows to solve ‘last 100-meter’ problem
Shanghai has vowed to assure the supply of daily necessities to all its 25 million people by solving the "last 100-meter" problem on Thursday. With over 20,000 local new infections, including 322 ... ( read original story ...)
Onshore property bonds rally on ‘recovering sentiment’
Domestic and dollar bonds issued by a variety of Chinese real estate companies saw a rebound in prices after the country's three-day Qing Ming holiday, benefitting from recent supportive measures ... ( read original story ...)
China’s No. 2 chip maker seeks fresh buy-back mandate amid stock slump while Shanghai lockdown disrupts production
Hua Hong Semiconductor is seeking a fresh mandate from shareholders to implement a buy-back programme after the stock crashed 31 per cent this year. ( read original story ...)
Shanghai wrestles with food shortages under virus shutdown
Residents of Shanghai are struggling to get meat, rice and other food supplies under anti-coronavirus controls that confine most of its 25 million people to their homes. ( read original story ...)
On-demand service giant Meituan launches urgent deliveries as Shanghai extends Covid-19 lockdown
A shortage in food supply has become one of the most pressing issues for the city of 25 million since the lockdown began last week. ( read original story ...)
Foreign businesses undented as Shanghai continues massive COVID-19 testing
SHANGHAI-- Shanghai Friday started its largest round of nucleic acid testing so far amid its efforts to contain the COVID-19 resurgence. As scheduled, nucleic acid testing will be conducted for 16 ... ( read original story ...)