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Tag: banking

Posted on 01/06/2022

China’s EV maker WM Motor said to weigh US$1b Hong Kong IPO: sources

CHINESE electric vehicle manufacturer WM Motor Holdings is considering raising about US$1 billion in a Hong Kong initial public offering (IPO), according to people familiar with the matter. Read more ... ( read original story ...)

Posted on 01/06/2022

Is a recovery in sight as Shanghai ends a two-month lockdown?

Some celebration rang out in Shanghai on Wednesday morning as the city of 25M people ended a more than two-month lockdown that was originally supposed to last nine days ... ( read original story ...)

Posted on 01/06/2022

Shanghai is finally ‘reopening,’ but the trauma of lockdown lives on

By Nectar Gan, CNN The skyscrapers lit up, roads filled with traffic, and young people drank and danced in the streets as fireworks boomed overhead. Shanghai celebrated Wednesday with a long-awaited ... ( read original story ...)

Posted on 01/06/2022

Plenty of hurdles ahead for Shanghai as restrictions eased

The vast majority of Shanghai’s 26m citizens ventured outside today, some to a park, others to see families, and many back to workplaces where dust had been gathering from the extended lockdown that ... ( read original story ...)

Posted on 01/06/2022

After months of punishing lockdown, Shanghai slowly opens up

Free at last, people flooded the streets to exercise, have a drink, eat an ice cream cone and commute to the office again. ( read original story ...)

Posted on 01/06/2022

Buy-the-Bottom Calls on China Gets Louder as Shanghai Reopens

Investors are trying to get ahead of any good news in China, as the lifting of a lockdown in financial center Shanghai eases pressure on a struggling economy.Most Read from BloombergReady to Buy a ... ( read original story ...)

Posted on 01/06/2022

Shanghai’s modest post Covid-19 lockdown ‘revenge spending’: Beauty products, bubble tea

Mother-of-two Yang Zengdong, 40, is ready to take her family for a long-awaited outing to mark Shanghai's grand re-opening from Covid-19 lockdown on Wednesday (June 1). Her ambitions - head to a mall, ... ( read original story ...)

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