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Category: BUSINESS

Posted on 11/07/2022

Hong Kong stocks see sharpest drop in a month amid Shanghai, Macau Covid-19 flare-ups, fines on Alibaba, Tencent, Bilibili

With key economic data due this week, new Covid-19 cases in Shanghai and Macau stoked fears that new restrictions could dampen growth Tech giants slipped after China's antitrust watchdog fined Alibaba ... ( read original story ...)

Posted on 11/07/2022

Shanghai braces for more mass COVID-19 testing amid fresh curbs across China

BEIJING: Multiple Chinese cities are adopting fresh COVID-19 curbs, from business halts to lockdowns, to rein in new infections, with the commercial hub of Shanghai bracing for another mass testing ... ( read original story ...)

Posted on 10/07/2022

Shanghai to ramp up support for metaverse development, low-carbon projects, smart gadgets to help China’s economic recovery

China's financial and commercial hub plans to establish an industry fund, with around US$1.5 billion in assets, dedicated to metaverse development That financing will help Shanghai foster 10 leading ... ( read original story ...)

Posted on 10/07/2022

China’s Shanghai says new Omicron subvariant found

The city of Shanghai has discovered a COVID-19 case involving a new subvariant Omicron BA.5.2.1, an official told a briefing on Sunday, signalling the complications China faces to keep up with new ... ( read original story ...)

Posted on 09/07/2022

After 16 years, COVID-19 curbs send American family packing from Shanghai after 16 years

American Heather Kaye and her family — including their cat, Mochi — are part of a wave of residents being driven out of Shanghai by strict COVID-19 regulations. ( read original story ...)

Posted on 09/07/2022

Tesla’s Shanghai factory delivered nearly 80,000 vehicles in June

It turns out Tesla was not kidding about June being its strongest production month ever, at least when it comes to China. ( read original story ...)

Posted on 07/07/2022

Shanghai officials say no new sub-variant among KTV-related infections

Shanghai's recent COVID-19 resurgence related to multiple KTVs was caused by the same Omicron sub-variant as the city's novel coronavirus outbreak in early March. The more contagious and ... ( read original story ...)

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