The company hopes to reverse the fortune of other China-based food-delivery companies, including Missfresh and Dingdong Maicai, which have seen their valuations plummet after going public. It remains ... ( read original story ...)
Shanghai looking to far future for industrial development
Shanghai will seek breakthroughs in flying technology by advancing research and manufacturing of manned electric flying machines that can take off and land vertically, as well as engage in exploration ... ( read original story ...)
Shanghai to ramp up innovations of future industries, focusing on AI, 6G, new energies and materials: official
Shanghai plans to build 70 hydrogen refueling stations by 2025, with forecasted industrial scale of hydrogen energy to exceed 100 billion yuan ($13.9 billion), in a bid to promote the development of ... ( read original story ...)
Shanghai aims to achieve 500b yuan output of future industries by 2030
Shanghai aims to achieve an output of about 500 billion yuan ($70.14 billion) for its future industries by 2030, according to local authorities. Wu Jincheng, director of the Shanghai Municipal ... ( read original story ...)
Pre-Market Brief: Stocks Climb Ahead of FOMC Meeting Minutes
stronger than expectations of 48.0. Asian stock markets today settled in the green, tracking a recovery in Wall Street. China’s Shanghai Composite Index (SHCOMP) closed up +0.26%, while the Japanese ... ( read original story ...)
India gains as China lags in MSCI Emerging Market Index, will the trend continue?
India's weight has doubled in the global index in the last two years on market outperformance while China has dropped. Experts see the trend continuing but say high valuations may be a bump ... ( read original story ...)
Congress Should Investigate Elon Musk’s Business Ties with China
The Twitter/Tesla/SpaceX boss’s business dealings with the Chinese Communist Party could threaten free speech, privacy, national security, and U.S. foreign policy goals. ( read original story ...)