According to market sources, the high-purity copper cathode clean production project with a capacity of 400,000 mt led by Yangxin Hongsheng Copper (affiliated to Daye Nonferrous Metals) has been put ... ( read original story ...)
“Change-a-Money?” Guys Nabbed in ¥200 Million Foreign Exchange Scam
With its controls over foreign currency, the practice of the illegal exchange thereof in China is decades old. But now, it’s all caught up with some individuals whose ¥200-million scam was operating ... ( read original story ...)
Shanghai Composite Index Fell 2.02% on Monday
China’s benchmark Shanghai Composite Index lost 2.02% on Monday, while the Shenzhen Component Index fell 2.05%. Shanghai’s tech-heavy STAR 50 Index gained 0.16% for the day, w ... ( read original story ...)
Shanghai University commemorates 100th birthday
Shanghai University held a series of events to commemorate the 100th anniversary of the founding of the school on Sunday. Founded on Oct 23, 1922, the university was the first college led by the ... ( read original story ...)
Shanghai’s Bank Loan Balance Jumps USD100 Billion in First Three Quarters to Support Real Economy
The efforts of financial institutions in Shanghai to support the real economy have resulted in a CNY725.3 billion (USD100 billion) increase in bank loan balance in the first three quarters from a year ... ( read original story ...)
Tesla Shanghai plant remains a major export hub
Tesla's Shanghai plant has retained its role as the carmaker's major export hub, helping the United States-based company drive up its fast-growing global sales. "The Q3 production rate in Shanghai ... ( read original story ...)
‘Best days are over’ for China’s pandemic stock winners as zero-Covid policy fails to halt losing run for vaccine makers
Vaccine makers like CanSino, Chongqing Zhifei have slumped on onshore stock markets, suggesting they are one-product wonders Demand for Covid-19 vaccines is diminishing, given the high vaccination ... ( read original story ...)