Dada Group (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, today announced its unaudited financial results for the fourth quarter and fiscal year ... ( read original story ...)
Shanghai trials digital currency payment in malls
Some Shanghai shopping malls and vending machines in subway stations are allowing customers to purchase products using digital yuan. In a shopping mall in downtown Shanghai, consumers can pay via a ... ( read original story ...)
Stock bears grip China markets as slump in liquor, tech stocks show Tesla, bond traders are not alone in their pain
Some pockets of stocks in mainland China and Hong Kong have fallen into bear-market territory after the latest sell-off. Liquor distillers and tech stocks are out of favour, while banks are heralded ... ( read original story ...)
Capital market hails government’s thrust on reforms, fundamentals
Sustained development of China's capital market can be expected as the central government has confirmed its stance on perfecting the fundamental market mechanisms in the latest Government Work Report, ... ( read original story ...)
Tesla’s once-surging stock price is tumbling.
Tesla’s share price fell by more than 10 percent Friday morning, adding to steady losses over the last month that have wiped out about a third of the automaker’s market value amid concerns about ... ( read original story ...)
IMAX China Reports Full-Year 2020 Financial Results
IMAX China Holding, Inc. ("IMAX China" or the "Company", HKG: 1970) today reported full-year 2020 results highlighted by second-half box office which returned to 80% of the prior year period on an ... ( read original story ...)
Speed up barrier-free construction, Shanghai delegation urges
The country needs to speed up formulating a law for the construction of a barrier-free environment to care for the disabled and the elderly, especially when China faces increasing challenges from ... ( read original story ...)