Unrest erupted in Beijing, Shanghai and other major cities in protest against zero-Covid restrictions, unsettling investors. ( read original story ...)
China EV ‘honeymoon’ is ending, Jefferies says; XPeng stock downgraded
A "honeymoon stage" for electric vehicles in China is coming to an end, analysts at Jefferies said in a note Monday, highlighting EV makers BYD Auto and ... ( read original story ...)
China property stocks surge on fundraising support; COVID protests cloud demand
Chinese property developers' shares and bonds soared on Tuesday after regulators lifted a ban on equity refinancing for listed firms, the latest support measure for a cash-squeezed sector that has ... ( read original story ...)
Beijing Property-Support Plans Boost Asian Stock Markets
Asian stock markets excepting Tokyo rallied Tuesday following programs announced by Beijing to support the property sector, including allowing listed real estate companies to again sell shares. Hong ... ( read original story ...)
China, Hong Kong stocks jump as policy relief fires up property, banking shares
Stocks in China and Hong Kong bounced sharply on Tuesday, as investors snapped up property and bank shares after regulators broadened equity financing channels for developers, easing fears of a debt ... ( read original story ...)
New country park with 70-plus islands opens in Shanghai
A new country park consisting of 70-plus small islands, hailed as local version of the famous Giethoorn village in the Netherlands, has opened in suburban Jinshan District of Shanghai. Caojing Country ... ( read original story ...)
After Covid protests, Shanghai residents line up again for testing
Residents in Shanghai went back to the city's daily routine of mass testing for Covid-19 on Tuesday, after weekend protests over China's stringent restrictions flared across the country. ( read original story ...)