China’s most populous city has been on lockdown for weeks, with residents complaining of difficulties obtaining food and medical care as officials try to stamp out cases. ( read original story ...)
Why Zhihu Stock Was Falling Today
Shares of Zhihu , a Chinese question-and-answer website similar to Quora, were falling today after the company announced plans for a secondary offering that include ... ( read original story ...)
Shanghai lockdown highlights China’s deep economic problems
Home to about 25 million people and a global financial hub, Shanghai — now the Covid 19 hotspot, has been under complete lockdown. Many have termed China’s Covid 19 approach absurd and draconian after ... ( read original story ...)
Tesla Stock Slides As Industry Car Sales In China Slump Amid Covid Clampdown
China sales were up 85% from last year, but overall sales in the world's biggest car market slumped lower amid Covid-linked plant closures and consumer restrictions. ( read original story ...)
IPO CNOOC Shanghai Targets $5+ Billion
CNOOC targets $5.1 billion IPO. Shanghai Stock Exchange listing needed. Upstream oil and gas production increase targeted. Chinese offshore drilling giant CNOOC is e ... ( read original story ...)
It’s still not time to invest in China, argues Bank of America. Here’s why.
NEED TO KNOW China was the worst-performing of the major markets in the first quarter — with the Shanghai Composite dropping by 14% — but value-minded investors such as Charlie Munger ... ( read original story ...)
Chinese oil giant CNOOC to raise up to US$5.1 billion in Shanghai IPO
CNOOC, China’s largest offshore driller, will allow investors to subscribe to its up to 32.3 billion yuan (US$5.1 billion) initial public offering on Tuesday. ( read original story ...)