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 ...)
Chinese Oil Giant CNOOC to Raise $4.4 Billion in Shanghai Listing
(Reuters) -Chinese oil giant CNOOC Ltd said on Monday it will raise 28.08 billion yuan ($4.41 billion) in a share listing in Shanghai, after setting the price for what will be mainland China's ... ( read original story ...)
Shanghai to ease lockdown in some areas despite rise in virus cases
That promises relief for some of the city’s 25 million residents, many of whom have struggled to find food and medicine as China battles its biggest outbreak in two years. ( read original story ...)