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Category: BUSINESS

Posted on 28/12/2021

‘Loyal’ Chinese restaurant worker shot multiple times trying to protect business from armed robber

A restaurant worker in Las Vegas’ Chinatown is recovering after being shot multiple times in what appeared to be an attempted burglary last week. What happened: Chengyan Wang was deep-cleaning ... ( read original story ...)

Posted on 27/12/2021

Delta: Flight to Shanghai turned back because of COVID rules

Shanghai airport were behind the decision to turn back a recent flight from Seattle in mid-air, a move that had prompted a protest from the Chinese consulate in San Francisco. Associated Press BEIJING ... ( read original story ...)

Posted on 27/12/2021

METALS-Shanghai metals mostly lower as Omicron worries grip markets

Base metals in China were mostly lower on Monday, with uncertainty around the Omicron COVID-19 variant dampening risk sentiment and the London Metal Exchange closed for the Christmas holiday. The most ... ( read original story ...)

Posted on 26/12/2021

Here’s Why Shanghai Fudan Microelectronics Group (HKG:1385) Can Manage Its Debt Responsibly

I know worries about.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. Importantly, ... ( read original story ...)

Posted on 21/12/2021

China Mobile set to raise US$8.78 billion in Shanghai IPO to complete world’s second-biggest stock offering

Many Chinese companies seeking secondary listings have priced their stocks at significant premium to their Hong Kong-listed shares, a pre-existing condition primarily due to the limited access by ... ( read original story ...)

Posted on 21/12/2021

China Mobile to raise up to US$8.8 billion in Shanghai listing

China Mobile, the world's largest mobile network operator by number of subscribers, said it plans to raise as much as 56 billion yuan (US$8.8 billion) in a Shanghai public offering.The company plans ... ( read original story ...)

Posted on 20/12/2021

Popular Shanghai Eatery Element Fresh Files For Bankruptcy As Covid Hurts Business

Shanghai-headquartered restaurant chain Element Fresh has filed for bankruptcy, the government-published Shanghai Daily reported today. “While the company was profitable prior to Covid 19, the ... ( read original story ...)

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