The Shanghai Composite and Japan's Nikkei 225 end lower Friday after the People’s Bank of China unexpectedly leaves a key interest rate unchanged. ( read original story ...)
China’s banking sector NPL ratio eased to 1.79% at end-March – regulator
China's banking sector's non-performing loan (NPL) ratio was at 1.79per cent at the end of March, down 0.03 percentage points from the start of the year, the country's banking and insurance regulator ... ( read original story ...)
Shanghai logs 3,200 local, 19,872 asymptomatic Covid-19 cases
The recent spike in COVID cases in the global financial hub Shanghai, which has caused a major disruption in supply chains, has been attributed to family infections and logistics transmission. ( read original story ...)
Shanghai Covid-19 cases hit record high
China’s financial hub Shanghai reported over 27,000 coronavirus cases yesterday, a new high, a day after President Xi Jinping said that the country must continue with its strict “dynamic Covid ... ( read original story ...)
Shanghai lockdown could shave off about 2% of China’s total GDP
The ongoing stringent lockdown in the Chinese financial hub of Shanghai following the resurgence of Covid 19 infections will severely affect the countrys overall gross domestic product (GDP). Analysts ... ( read original story ...)
Metal up, more down, less Shanghai nickel up 2.39%, Shanghai zinc down nearly 2% [SMM Daily Review]
Review: metal up more down less Shanghai zinc up 2.39% Shanghai zinc fell nearly 2%] the inner plate metal rose generally, as of the day's close, Shanghai nickel closed up 2.39%, Shanghai aluminum and ... ( read original story ...)
Shanghai lockdown should put Covid-19 pandemic back on investors’ radar
Yet, while pandemic fatigue set in a long time ago, the unexpected lockdown of Shanghai, China's financial capital and a city that had been relatively unscathed by the virus, has put Covid-19 back on ... ( read original story ...)