China’s benchmark Shanghai Composite Index gained 1.4% on Tuesday, while the Shenzhen Component Index rose 1.94%. Shanghai’s tech-heavy STAR 50 Index gained 1.52% for the day, ... ( read original story ...)
AI humans to play increased economic role
"Digital humans are already demonstrating clear business value in numerous fields today," said Lu Yanxia, associate research director at market consultancy IDC China. "In the future, there will be ... ( read original story ...)
China c.bank makes biggest short-term cash injection in seven months
China's central bank stepped up cash injection towards the quarter-end by making the biggest daily offering in seven months on Tuesday. The People's Bank of China (PBOC) injected a total of 175 ... ( read original story ...)
Shanghai commercial landlords pinched by high vacancies, rent-cut demands as zero-Covid policies take toll on tenants
Commercial property owners in Shanghai find themselves beset by high vacancy rates and demands for rent reductions as China’s zero-Covid policies continue to suppress the retail and restaurant trades. ( read original story ...)
COVID-19 in Shanghai: no new local infections, 22 imported patients
The city reported no new locally transmitted infections, 18 imported confirmed cases and four imported asymptomatic infections for Monday, said the Shanghai Health Commission on Tuesday morning. The ... ( read original story ...)
2nd “Jinbo” China-Europe freight train takes off from Hamburg to CIIE in Shanghai
The second "Jinbo" China-Europe freight train left the northern German city of Hamburg on Monday for Shanghai in China, carrying exhibits to the 5th China International Import Expo (CIIE). "Jinbo" is ... ( read original story ...)
Deal Watch: Where Did All the IPOs Go?
Davis Polk partner Roshni Banker Cariello said inflation, geopolitical strife and poor market performance by companies that went public last year have all contributed to the slow IPO market this year. ( read original story ...)