NVIDIA CEO Jensen Huang said that the chip company will continue its longstanding China-based operations, but more chip plants are set to be in the U.S. ( read original story ...)
Shanghai Me to open its first UK site in iconic London rooftop this June
This summer, London’s culinary scene will welcome an exciting new addition. Fundamental Hospitality’s Made in Dubai Concept, Shanghai Me, opens its doors on the renowned Hilton Park Lane rooftop. ( read original story ...)
Lujiazui Forum to focus on continued opening up
Continued opening-up and collaboration in the financial sector will be a focus of the 2025 Lujiazui Forum in Shanghai on June 18-19, a press briefing was told on Friday. ( read original story ...)
Fast-growing Chinese tea company Chagee issues its first earnings report since IPO
Chagee Holdings Limited (NASDAQ:CHA) released its first earnings report as a publicly traded company on Friday. Revenue increased by 35.4% year-over-year to RMB3,392.7 million ($467.5 million). Total ... ( read original story ...)
Exclusive-Zeekr investors criticise Geely’s $2.2 billion take-private bid as inadequate, say sources
China's Geely is undervaluing its premium electric car unit Zeekr with the $2.2 billion take-private offer it has made, five early investors in Zeekr have written to its board, according to three ... ( read original story ...)
China’s central bank injects 700 billion yuan of outright reverse repos in May
China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright reverse repurchase tool, the bank said on Friday. The operations, conducted with ... ( read original story ...)
Shanghai exports jump 13.8% in first four months
Shanghai traded with over 200 countries and regions during the four-month period, registering growth with 166 partners. Trade with Belt and Road partner countries reached almost 600 billion yuan, an ... ( read original story ...)