Volkswagen, Tesla Hit by Shanghai Covid Lockdown

Volkswagen and Tesla are among the companies hit by the lockdown in Shanghai, which one resident calls 'a ghost town.' A spokesperson for the German vehicle maker said the company will suspend ... ( read original story ...)

US$9bil IPO plans stalled amid Covid outbreak

SHANGHAI: More Chinese companies are halting domestic listing plans as the country’s biggest coronavirus outbreak in two years hampers due diligence and information gathering, affecting an estimated ... ( read original story ...)