With solid demand across a majority of its domains, we expect margins to continue remain healthy,” says RHB analyst Jarick Seet. ( read original story ...)
SMIC says production at Shanghai site unaffected by COVID lockdown
China-based pure-play foundry SMIC has said that production at its manufacturing site in Shanghai, where 8- and 12-inch fabrication lines are operated, remains normal and has not been affected by the ... ( read original story ...)
Foshan Tongrun Thermal Technology Co., Ltd. and SMM signed a strategic cooperation agreement to cooperate sincerely to build the future!
Foshan Tongrun Thermal Energy Technology Co., Ltd. and Shanghai Nonferrous Network signed a 2022 brand strategic cooperation agreement. Based on the strategic orientation of long-term high-quality ... ( read original story ...)
Volkswagen amongst firms hit by Shanghai lockdown
Businesses including Volkswagen (VW) have scaled back their operations in Shanghai, which is being locked down due to a surge in Covid-19 infections.The German carmaker partially shuttered its factory ... ( read original story ...)
Shanghai ambulance doctor suspended from duties for leaving a dying patient in the lurch
An ambulance doctor in Shanghai's Pudong New Area was suspended from his duties on Thursday for refusing to lend out medical equipment to save a dying patient under seal-off management that led to the ... ( read original story ...)
Shanghai’s small businesses and their staff scramble to minimise losses as Covid-19 lockdown delivers huge blow to revenues
Businesses in the Chinese commercial hub are facing a serious hit to their income as the two-stage lockdown forced shops to close for four days after customer numbers had already slumped since the ... ( read original story ...)
UN program sets up Shanghai award for urban development
With support from the Chinese government, the United Nations Human Settlements Program has initiated the Shanghai Global Award for Sustainable Development in Cities, which aims to boost urban ... ( read original story ...)