China’s top infectious disease experts say major cities including Shanghai and Guangzhou will reach a peak in Covid-19 infections for this wave in the next one to two months, as the country gradually ... ( read original story ...)
China COVID infection fears fuel medical stock bets
Investors snapped up shares of Chinese drugmakers, mask producers, antigen test companies and funeral service providers on Monday, amid fears of soaring mass infections following China's pivot away ... ( read original story ...)
Shanghai Universities Let Students Head Home Early Amid Covid Spike
At Shanghai University, students who want to leave early can apply to study from home for the remainder of the term, while those who choose to stay on campus will have to take regular Covid tests ... ( read original story ...)
Zero-COVID pivot puts Shanghai’s small businesses on emotional roller-coaster as curbs loosened, infections surge
After struggling for nearly a year to stay afloat under the zero-COVID regime, small businesses in Shanghai are having mixed feelings about Beijing's policy pivot. Concerns about a resurgence in cases ... ( read original story ...)
Exclusive-Geely’s Premium Electric Car Brand Zeekr Seeks Over $1 Billion In U.S IPO – Sources
In what would be the first major Chinese float in the United States in more than a year and a half, Zeekr is seeking a valuation of more than $10 billion, two of the sources said. That compares with a ... ( read original story ...)
Shanghai Should Open Up Its Bond Market More to Derivatives, Official Says
Shanghai should expand the scope of its markets and portfolio of investment products to include more financial derivatives so as to leverage the metropolis’ strengths as an aggregator of factor ... ( read original story ...)
Shanghai Composite Index Fell 0.87% on Monday
China’s benchmark Shanghai Composite Index lost 0.87% on Monday, while the Shenzhen Component Index fell 0.89%. Shanghai’s tech-heavy STAR 50 Index gained 0.29% for the day, w ... ( read original story ...)