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Posted on 07/05/2024

China’s COMAC to expand Shanghai C919 plane factory as orders grow

BEIJING, May 7 (Reuters) - China's COMAC is expanding production facilities for its homegrown C919 jets in Shanghai, according to one of the project contractors, as the state-owned planemaker ramps up ... ( read original story ...)

Posted on 07/05/2024

China stocks edge up, led by properties; HK shares fall after 10-day winning streak

China stocks closed up on Tuesday, led by property shares, as a slew of measures helped lift sentiment in the sector, while Hong Kong shares retreated after a 10-day winning streak. The CSI real ... ( read original story ...)

Posted on 07/05/2024

China property: Shenzhen, Wuhan are the latest cities to ease housing market restrictions to stir demand

During the Labour Day holiday period, Shanghai’s real estate association and other industry ... for developers’ “reasonable financing needs”. Shares of Chinese property stocks, especially those of ... ( read original story ...)

Posted on 07/05/2024

Stock market today: Asian shares mostly higher, though China benchmarks falter

But the Shanghai Composite index recovered from early losses ... Apple slipped 0.9% after Berkshire Hathaway revealed it had pared its stake in the tech giant. The U.S. stock market has been swinging since setting a record at the end of March. ( read original story ...)

Posted on 07/05/2024

Exclusive-China’s CICC may cut investment banking headcount by at least 10% this year, sources say

SHANGHAI (Reuters) - China International Capital Corp (CICC) may reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter said, as a capital market ... ( read original story ...)

Posted on 07/05/2024

Hong Kong targets insurance-linked securities co-operation with Shanghai

Hong Kong and the mainland China city and financial hub of Shanghai are looking to co-operate on a range of financial initiatives, with one of them being ... ( read original story ...)

Posted on 07/05/2024

Shanghai-based start-up unveils autonomous EV charging robot: Everything we know

He views it as a solution to the current scarcity of charging infrastructure. Tang highlights that the global increase in demand for EVs has exposed a significant need for more electricity chargers. ( read original story ...)

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