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Posted on 11/07/2022

Shanghai’s Covid-19 outbreak grows as first sub-variant case detected

Covid-19 cases in Shanghai continued to climb on Monday (July 11) as parts of China's financial hub face more rounds of mass testing, with new sub-variants providing a constant challenge to the ... ( read original story ...)

Posted on 11/07/2022

Green stocks such as BYD and CATL are red hot again, as Chinese stocks flirt with bull market

While the two-month citywide lockdown in Shanghai in April and May shocked the market, it also made stock valuations more palatable within the renewable energy sector, according to Hualong Securities. ( read original story ...)

Posted on 11/07/2022

Chinese protesters demanding bank deposits tussle with security men

China's national flag is reflected on an advertisement of a commercial bank bearing the sign of Chinese Yuan at a branch of a commercial bank at a business district in Beijing, China, Janu ... ( read original story ...)

Posted on 10/07/2022

Ever seen a building ‘walk’? Shanghai residents were in for a treat. Watch

Authorities used a unique technology to transport a 3,800-tonne building in Shanghai in one piece. The technology is dubbed the ‘walking machine’. ( read original story ...)

Posted on 08/07/2022

Shanghai’s Financial Institutions Helped Clients Raise USD3.7 Billion By Equity Financing in Q2

Shanghai’s financial institutions have assisted companies to raise CNY24.6 billion (USD3.7 billion) via equity financing, including initial public offerings and refinancing, in the second quarter amid ... ( read original story ...)

Posted on 08/07/2022

China sets capital requirements for financial asset investment firms

China on Friday tightened rules on companies that conduct debt-to-equity businesses for banks, setting capital adequacy requirements for so-called financial asset investment firms. Such companies ... ( read original story ...)

Posted on 08/07/2022

China’s central bank tightens cash supply, hinting exit from crisis mode

China's central bank made its biggest cash withdrawal from the financial system in three months this week, raising market suspicion that policymakers are gradually exiting crisis-mode monetary easing ... ( read original story ...)

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