Chinese property stocks rose a day after a deeper-than-expected cut to a key mortgage reference rate bolstered hopes that authorities are doing more to shore up the ailing sector. ( read original story ...)
Shanghai nickel at 3-week high as potential sanctions on Russia lift supply fears
BEIJING: Shanghai nickel prices jumped more than 2% on Thursday to a three-week high as traders assessed concerns over global supply with speculation of renewed US sanctions against Russia. The ... ( read original story ...)
Huawei to open CNY12 billion R&D center in Shanghai
Huawei is building a new R&D center in Shanghai, with completion scheduled for June and an opening in September. The overall investment in the facility is projected to be approximately CNY12 billion ... ( read original story ...)
Shanghai scientists achieve breakthrough in calcium battery technology
Shanghai scientists have developed a rechargeable calcium-based battery, which they say can offer a cheaper and more sustainable alternative to the most widely used lithium-ion cells. ( read original story ...)
Leaked hacking files show Chinese spying on citizens and foreigners alike
Among the apparent targets of tools provided by the impacted company, I-Soon, are ethnicities and dissidents in parts of China that have seen significant anti-government protests like Hong Kong or ... ( read original story ...)
HSBC shares dive after $3 billion writedown of China bank stake
HSBC led the London market lower on Wednesday after a $3 billion hit to its operations in China saw the banking giant’s quarterly profits dive 80%. ( read original story ...)
Investment in focus for Shanghai this year
Shanghai held more than 50 investment promotion activities in overseas markets last year. The city attracted 6,017 newly registered foreign-invested companies, up 38.3 percent year-on-year, added Zhu. ( read original story ...)