Tesla has released new pictures of the Model Y factory at Shanghai Gigafactory ahead of the start of production. The start of Model Y production in Shanghai is considered critical to Tesla’s growth. ( read original story ...)
China Stock Market May Take Further Damage On Thursday
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had retreated almost 30 points or ... ( read original story ...)
Fintech unicorn Ant Group gets final regulatory nod for jumbo IPO and reveals share split between Hong Kong and Shanghai
Ant also revealed in filings: key dates for its IPO; an even share split between Hong Kong and Shanghai; updated its financial results; the latest number of its mobile payments app users; and a new ... ( read original story ...)
Ant Group Tees Up Blockbuster Debuts In HK, Shanghai
Chinese financial technology giant Ant Group on Wednesday received clearance from China's securities regulator to proceed with the Shanghai portion of what could be a blockbuster dual listing in ... ( read original story ...)
Most Asian markets rise by less than 1% after US gains, Shanghai lags
Most Asian markets rise by less than 1% after US gains, Shanghai lags; US stimulus talks continue, 30-yr US Treasury FUTs extend declines. General Trend - Japa ... ( read original story ...)
Ninebot IPO breathes belated life into Chinese CDRs
When electric scooter maker Ninebot completed the first-ever sale of Chinese depositary receipts (CDRs) on Monday (October 19), almost no one stood up and took notice. It is nearly two and a half ... ( read original story ...)
Yuan rallies to strongest in two years in renewed test for the central bank
The yuan gained as much as 0.25% to 6.6602 a dollar on Wednesday morning in Shanghai. The People’s Bank of China earlier fixed its daily reference rate at 6.6781, which was slightly weaker than ... ( read original story ...)