Investors acquire a 24.1% stake in NIO’s recently established China unit, in return for which NIO China will establish a local headquarters and support the region’s development as an EV production ... ( read original story ...)
Bank of China posts 3.2% rise in first-quarter profit amid coronavirus outbreak
SS> , the country's fourth-largest bank by assets, posted on Wednesday a 3.17% rise in first-quarter net profit amid the coronavirus outbreak. ( read original story ...)
Here’s what Wall Street expects from Bank Of Shanghai Registered A’s earnings
Bank Of Shanghai Registered A reveals figures for Q1 on April 29.Analysts predict earnings per share of CNY 0.430.Go here to follow Bank Of ... ( read original story ...)
AutoX rolls out self-driving robotaxis in Shanghai’s ride-hailing market
Jianxiong Xiao, founder and CEO of AutoX Inc, discusses the technology used to make its self-driving robotaxis safe and how it is navigating the competition among other Chinese players. ( read original story ...)
China’s bank BoCom says negative oil prices did not impact customers: local media
China's Bank of Communications Co Ltd (BoCom) said, according to The Paper, that the plunge in U.S. crude oil futures prices to negative territory this month had no impact on customers of its oil ... ( read original story ...)
Imagination Technologies ranks STAR Market as its top choice for eventual IPO
Shanghai's Nasdaq-style technology bourse is the top pick for one of the UK's top technology assets, Imagination Technologies. ( read original story ...)
China Stock Market May Extend Tuesday’s Losses
The China stock market headed south again on Tuesday, one day after it had snapped the two-day losing streak in which it had fallen more than 35 points or 1.2 percent. The Shanghai Composite Index now ... ( read original story ...)