The Shanghai office of the China Banking and Insurance Regulatory Commission is calling on lenders and insurers in the city to serve foreign trade and other companies that are resuming operation after ... ( read original story ...)
U.S. stock futures rise in holiday trade as Shanghai sets reopening plans
U.S. stock futures rose on Monday in light holiday volume, helped by the world's number-two economy planning to lift some restrictions as it fights ... ( read original story ...)
Global Stocks, U.S. Futures Move Higher on Memorial Day—and What Else Is Happening in the Stock Market Today
Global stocks and U.S. futures rose on Monday amid a quiet day for markets due to the Memorial Day Holiday. Investor sentiment was buoyed by fresh stimulus in China and the easing of disruptive ... ( read original story ...)
Hong Kong stocks rise to 4-week high with gains in Meituan, Li Ning as Shanghai prepares to exit lockdown
Stock recovery continues as Shanghai prepares to reopen its economy after two months of lockdown. Earnings spotlight falls on Meituan this week after uplifting reports from Alibaba and Baidu. ( read original story ...)
Tesla Shanghai Plant Restores Weekly Output to 70% of Pre-Lockdown Level -Sources
Tesla Inc has restored weekly output at its Shanghai plant to nearly 70% of the level which it had operated at before the city's COVID-19 lockdown, according to two people familiar with the matter. ( read original story ...)
Shanghai lockdown: China’s financial hub set to lift Covid curbs
Authorities in Shanghai have announced that some Covid-19 lockdown measures imposed on businesses will be lifted from Wednesday. Plans have also been introduced to support the city's economy, which ... ( read original story ...)
Shanghai stocks close at 5-week highs as COVID curbs ease
China stocks rose for a fourth straight session to close up on Monday, with Shanghai stocks at five-week highs, as the capital Beijing and financial hub of Shanghai eased stringent COVID-19 control ... ( read original story ...)