The loan, disclosed in a regulatory filing Friday, will only be used only for production-related expenses at the Shanghai plant. ( read original story ...)
So Much For China Angst: Kingsoft Cloud Soars 40% On Nasdaq Debut
Kingsoft Cloud Chairman Lei Jun is one of China’s richest men with a fortune worth $10.7 billion on the Forbes Real-Time Billionaires List today. ( read original story ...)
Tesla enters into agreement with a Chinese bank for $565 million loan
As per a regulatory filing on Friday, the firm has secured a $565 million (up to 4 billion yuan) loan for its Shanghai plant, which will be used for expanding production at the site. ( read original story ...)
Chinese banking apps are over-collecting personal data
China’s banking sector recently found itself in the spotlight after a popular comedian complained that China CITIC Bank had shared his personal data information without permission. ( read original story ...)
Tickets for Disney’s Shanghai Theme Park Sell Out in Minutes
Th Walt Disney Company (NYSE: DIS) took a major hit when it reported second-quarter earnings the other day, noting the coronavirus pandemic had crushed its theme park segment, but with its Shanghai ... ( read original story ...)
China to implement IPO reform on Shenzhen start-up board ChiNext in Aug: sources
China plans to officially implement initial public offering (IPO) reforms on Shenzhen's start-up board ChiNext in August, three sources told Reuters on Friday. ( read original story ...)
Zhongchao Inc. Reports Fiscal Year 2019 Financial Results
PRNewswire/-- Zhongchao Inc. (NASDAQ: ZCMD) ('Zhongchao' or the 'Company'), an online provider of healthcare information, ... ( read original story ...)