Adds details and comments SHANGHAI, July 15 (Reuters) - China's central bank stood pat on its medium-term policy rate for a sixth straight month on Friday, as expected, with investors believing that ... ( read original story ...)
China banks, property stocks slump
SHANGHAI/SINGAPORE: Investors dumped China’s banking and real estate stocks on Thursday, fearing deepening trouble in the property sector would begin to hit the financial system as a wave of ... ( read original story ...)
Why better times may be ahead for China’s stock market
China’s hard line on COVID-19 outbreaks is among the strictest in the world. The lockdown of Shanghai, which began on March 28 and lasted through much of May, provided an extreme example, and the ... ( read original story ...)
Shanghai’s lockdown has eased, but businesses are still tallying the costs
Shanghai's lockdown crippled supply chains and logistics. Materials and transport costs climbed, and there have been personal struggles too. ( read original story ...)
Another red alert as Shanghai sizzles under the summer sun
Trying to beat the scorching sunlight in Shanghai on Thursday. Shanghai's sizzling weather topped 40 degrees Celsius again on Thursday – the hottest place in the country – triggering the city's third ... ( read original story ...)
Beijing-Shanghai High-Speed Railway to Post First Quarterly Loss Since IPO
Beijing-Shanghai High Speed Railway Co. Ltd. (601816.SH) expects to report its first quarterly loss since the railway operator went public in 2020 as train travel shrinks amid strict pandemic control ... ( read original story ...)
Alibaba execs summoned by Shanghai authorities over data theft probe – WSJ
Executives from Alibaba Group Holdings Ltd's , cloud division have been summoned by Shanghai authorities in connection with a theft of police data on Chinese citizens, the Wall Street Journal reported ... ( read original story ...)