The stock has plunged 45 percent since New East announced on April 9 that it would buy Nokia’s 51 percent stake in TD Tech for CNY2.1 billion (USD288 million). That deal has now fallen through after ... ( read original story ...)
Here are 7 ways investors can be greedy while others are fearful as China’s potential property crisis unfolds, according to UBS
China's economic slowdown and property crisis shouldn't scare away investors. UBS shared the seven best investments to make in Chinese markets now. ( read original story ...)
If You Invested $1000 In Tesla Stock When Shanghai Gigafactory Went Online, Here’s How Much You’d Have Now
Tesla's Giga Shanghai produced the 2 millionth vehicle in about four years since production began in the plant. ( read original story ...)
Tesla Shanghai hits major milestone; 20 lakh EVs produced in four years
Tesla has achieved a major milestone of producing 20 lakh or two million cars at its Shanghai factory in just four years. The Gigafactory builds the Model 3 and Model Y electric cars for the local ... ( read original story ...)
Norway’s wealth fund to close Shanghai office; Singapore to remain its sole hub in Asia
OSLO - Norway’s massive sovereign wealth fund, the world’s biggest, said Thursday it will close its representative office in Shanghai but the move will not affect its investments in China. Read more ... ( read original story ...)
Huawei Mate 60 Pro triggers buying spree among Chinese consumers
When the news that people who have pre-ordered Huawei's Mate 60 Pro could pick up their new phone on Sunday hit the internet, it immediately triggered a buying spree among Chinese consumers, with long ... ( read original story ...)
Shanghai hosts flagship financial technology event
The flagship fintech event in the city began on Thursday at the Huangpu World Expo Park, aiming to advance the exploration of financial technology and cutting-edge science. ( read original story ...)