Equities began the week on the front foot as signs of support measures from China’s central bank helped investors put to one side concerns that new coronavirus outbreaks could undermine efforts to ... ( read original story ...)
Tesla has secured a $565 million loan for its factory in Shanghai where the company just halted operations
The loan, disclosed in a regulatory filing Friday, will only be used only for production-related expenses at the Shanghai plant. ( read original story ...)
So Much For China Angst: Kingsoft Cloud Soars 40% On Nasdaq Debut
Kingsoft Cloud Chairman Lei Jun is one of China’s richest men with a fortune worth $10.7 billion on the Forbes Real-Time Billionaires List today. ( read original story ...)
Tesla enters into agreement with a Chinese bank for $565 million loan
As per a regulatory filing on Friday, the firm has secured a $565 million (up to 4 billion yuan) loan for its Shanghai plant, which will be used for expanding production at the site. ( read original story ...)
Chinese banking apps are over-collecting personal data
China’s banking sector recently found itself in the spotlight after a popular comedian complained that China CITIC Bank had shared his personal data information without permission. ( read original story ...)
Tickets for Disney’s Shanghai Theme Park Sell Out in Minutes
Th Walt Disney Company (NYSE: DIS) took a major hit when it reported second-quarter earnings the other day, noting the coronavirus pandemic had crushed its theme park segment, but with its Shanghai ... ( read original story ...)
China to implement IPO reform on Shenzhen start-up board ChiNext in Aug: sources
China plans to officially implement initial public offering (IPO) reforms on Shenzhen's start-up board ChiNext in August, three sources told Reuters on Friday. ( read original story ...)