“I don’t imagine the rest of the year being easy at all.” After the disruption of shutting down Shanghai, another city-wide lockdown would deal a serious blow to business confidence at a time when the ... ( read original story ...)
Share Market LIVE: SGX Nifty signals gap-up open for Sensex, Nifty; LIC IPO booked 67%, US Fed hikes rates
The Shanghai Composite Index dipped 0.07% ... suggested that further large rate hikes are likely to come in near-term. It is the second day of LIC IPO. The issue was subscribed 67% at 7 pm, when ... ( read original story ...)
Shanghai’s financial system helps firms restart
With its citywide lockdown, Shanghai's financial professionals and regulators have stepped up efforts to help companies resume production and operations as soon as possible. They have been working ... ( read original story ...)
Shanghai reports 13 new COVID-related deaths for May 4, versus 16 a day earlier
SHANGHAI, May 5 (Reuters) - China's eastern financial hub of Shanghai reported 13 new COVID-19 deaths for May 4, down from 16 a day earlier, the local government said in a statement on Thursday. The ... ( read original story ...)
How Covid-scarred Shanghai will finally exit lockdown
It's taken more than a month, but Shanghai's leaders now think the city's Covid outbreak is almost contained. So they've ordered a mass clean-up - an army of people disinfecting thousands of compounds ... ( read original story ...)
TSLA Stock Is a Buy as Tesla Ramps Up Shanghai Gigafactory
Of course, the Shanghai shutdowns were not Tesla ... assured that Tesla’s share of China’s booming market will help elevate TSLA stock. On the date of publication, Samuel O’Brient did ... ( read original story ...)
Shanghai firms drift back to work but hurdles remain
Shanghai’s government has allowed some 600 companies to ... Delivery trucks from other provinces have trouble getting in and out of the financial capital. 3M’s Ding said his firm used to contract out ... ( read original story ...)