Tesla has signed a preliminary agreement with the city of Shanghai to produce vehicles in China for the first time, Bloomberg News reported earlier. The agreement would allow Tesla to build facilities in Shanghai’s Lingang development zone, according to ... ( read original story ...)
China’s banking regulator orders loan checks on Wanda, Fosun, HNA, others
assessing commercial bank exposure to outbound mergers and acquisitions,” said Brock Silvers, managing director at Shanghai-based investment advisory Kaiyuan Capital. “While these policies may individually discomfort casual market observers ... ( read original story ...)
Tesla reaches agreement with Shanghai to explore production: Bloomberg
(Reuters) - U.S. electric-car maker Tesla Inc has reached a preliminary agreement with Shanghai to explore production in the Chinese city, Bloomberg reported on Thursday, citing people familiar with the matter. (bloom.bg/2twAd6z) Tesla's revenue from China ... ( read original story ...)
Shanghai SIPG star Oscar handed eight-game ban
Oscar has been banned for eight games for starting a mass brawl in Shanghai SIPG's draw with Guangzhou R&F. Shanghai SIPG star Oscar has been handed an eight-game ban for his role in a mass brawl during his side's CSL encounter with Guangzhou R&F ... ( read original story ...)
Chinese shares swing lower, led by financials
Many major Asia-Pacific stock markets turned lower Thursday, with a decline for the Shanghai Composite led by financial shares. The Shanghai Composite Index SHCOMP, -0.28% closed down 0.3%. It had been higher during the session in the wake of MSCI’s ... ( read original story ...)
China blue-chips rise again on MSCI inclusion, led by banks; Hong Kong up
SHANGHAI, June 22 (Reuters) - Excitement over China's MSCI's inclusion continued to spur Chinese equities on Thursday, with banking shares taking the baton from consumer players in driving the blue-chip CSI300 index to the highest level in 1-1/2 years. The ... ( read original story ...)
From Singapore to China to IPO
With the Shanghai-based business fairly well established ... After two exits during his franchise years in Singapore, this is his first IPO as a co-founder. “The lesson is always the same,” he says by way of advice to other entrepreneurs. ( read original story ...)