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Posted on 31/05/2022

China shares hit 5-week high as foreign inflows jump ahead of Shanghai reopening

Chinese shares closed at five-week highs on Tuesday, led by a rally in consumer and high-tech stocks, as the market witnessed its highest foreign inflows for this year ahead of Shanghai’s imminent ... ( read original story ...)

Posted on 31/05/2022

Shanghai reports 22 new local asymptomatic COVID cases, 9 symptomatic cases for May 30

Shanghai reported 22 new domestically transmitted asymptomatic coronavirus cases for May 30, down from 61 a day earlier, while local symptomatic cases rose to 9 from 6, the city government said on ... ( read original story ...)

Posted on 30/05/2022

Tesla’s Shanghai factory adds back second shift, restoring manufacturing capacity to level before citywide lockdown: sources

The Giga Shanghai has been running with two shifts a day since late last week, according to people familiar with the situation Tesla has lost about 50,000 vehicles in production due to reduced shifts ... ( read original story ...)

Posted on 30/05/2022

Shanghai lockdowns to end, perhaps easing tech supply chain woes

China’s largest city, Shanghai, will this week all-but end its COVID-19 lockdowns on Wednesday, and by doing so may smooth some of the kinks in the world’s technology supply chains. Limited lockdowns ... ( read original story ...)

Posted on 30/05/2022

Life inside Shanghai’s prolonged lockdown

New York City removes its last public payphone, marking an end of the payphone era as the city moves to replace them with public Wi-Fi hotspots. ( read original story ...)

Posted on 30/05/2022

Shanghai emerges out of lockdown after beating back Omicron

Shanghai officials announced that they are formally lifting their lockdown after two months of massive efforts have essentially eliminated the disease from the metropolis. ( read original story ...)

Posted on 30/05/2022

Big-spending Shanghai internet celebrity of Ferrari-crash fame revealed to be son of Hong Kong investor

The family background of a Shanghai-based internet celebrity is no longer a mystery ... in all for their involvement in insider trading in Shenzhen-listed Xinmao Science and Technology Co. ahead of a ... ( read original story ...)

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