Ant, backed by Chinese billionaire Jack Ma, was forced to pull the plug on a US$34.4bn Hong Kong and Shanghai IPO in November 2020, less than 48 hours before shares were due to begin trading, after ... ( read original story ...)
China new bank loans nearly triple in May as Beijing steps up policy support
New bank lending in China jumped far more than expected in May and broader credit growth also quickened, as policymakers try to reverse a sharp, COVID-induced economic slump. ( read original story ...)
Swathes of Shanghai to be returned to lockdown in testing drive
Shanghai will impose fresh lockdowns on residents in several city districts this weekend during a mass testing drive, officials said Friday, as President Xi Jinping called for China to stick ... ( read original story ...)
Shanghai to lock down millions again for mass Covid testing
China’s commercial hub of Shanghai will lock down millions of people for mass Covid-19 testing this weekend – just 10 days after lifting its gruelling two-month lockdown – unsettling residents and ... ( read original story ...)
China Stock Market Predicted To Open In The Red
The China stock market on Thursday halted the four-day winning streak in which it had gathered more than 80 points or 2.6 percent. The Shanghai Composite Index now sits just beneath the 3,240-point ... ( read original story ...)
Shanghai faces unexpected round of COVID testing for most residents
China's commercial hub of Shanghai faces an unexpected round of mass COVID-19 testing for most residents this weekend - just 10 days after a city-wide lockdown was lifted - unsettling residents and ... ( read original story ...)
CANADA FX DEBT-C$ slips as Shanghai lockdown measures weigh on oil
The Canadian dollar weakened against its U.S. counterpart on Thursday, extending its pullback from a seven-week high the day before, as oil prices fell and investors awaited a Bank of Canada report on ... ( read original story ...)