A view of the Tesla's Gigafactory in Shanghai . [Photo/VCG] US automaker Tesla's Gigafactory in Shanghai has become the world's largest factory by annual production volume, exceeding that of its ... ( read original story ...)
AXT Crosses Milestone On Tongmei IPO
Chinese subsidiary approved for IPO listing on STAR Market subject to approval by CSRC AXT, a maker of compound semiconductor wafer substrates, has announced that its subsidiary in China, Beijing ... ( read original story ...)
China, HK stocks fall on COVID outbreaks, property sector worries
Meanwhile, Shenzhen vowed to “mobilize all resources” to curb fresh outbreaks, ordering strict implementation of testing and temperature checks, and lockdowns for COVID-affected buildings. ** Chinese ... ( read original story ...)
Shanghai FTZ continues to test new waters
When economic activity in Shanghai began to recover after the epidemic-related lockdown of the city earlier this year, Singapore's United Overseas Bank Limited announced plans to set up a branch in ... ( read original story ...)
Shanghai Reports 14 New Local Asymptomatic COVID Cases, 3 Symptomatic for July 20
Shanghai reported 14 new domestically transmitted asymptomatic coronavirus cases for July 20, up from 10 a day earlier, while local symptomatic cases were three, down from five the day before, the ... ( read original story ...)
BRICS-led development bank takes credit ratings hit over Russia links
Fitch Ratings has downgraded the New Development Bank one notch, and also put it on a negative outlook, meaning more could be coming, because of Russia's ownership stake. The BRICS bank could face ... ( read original story ...)
Central bank leaves benchmark LPR unchanged for July
CFP. China's central bank kept the lending benchmark loan prime rate (LPR) unchanged for July on Wednesday, as interbank rates stay low despite the US- ... ( read original story ...)