SHANGHAI — Shanghai stocks finished at their lowest in more than two months on Thursday, led by coal miners as Beijing stepped up efforts to tame coal prices. The blue-chip CSI300 index fell 0.7 ... ( read original story ...)
Chinese MRO platform Ruigu raises $250m in Series D round led by Primavera
Ruigu sources industrial supplies from manufacturers and then sells the products to over 150,000 SMEs via its platform. ( read original story ...)
How Alibaba tracks China’s delivery drivers
The food delivery service Eleme, owned by Alibaba, built a Bluetooth tracking system to make “instant delivery” a reality. ( read original story ...)
Asian Stock Market: Hang Seng led declines amid China’s property sector concern
Asia-Pacific stocks edge lower amid reduced risk appetite ahead of major central banking policy updates. Further, investors remained concerned about higher inflation and the indebted real estate ... ( read original story ...)
Shanghai pushes forward digital yuan program, expands usage to promote financial technology
Shanghai will push forward a digital yuan pilot program, which will cover a number of sectors including offline and online payment and public transport, in order to promote the development of new ... ( read original story ...)
CIIE Expects Nearly 350 Firms to Exhibit in Enlarged Medical, Healthcare Zone
Almost 350 firms from 33 countries and regions are slated to showcase their products at the expanded medical equipment and healthcare products area of this year's China International Import Expo. The ... ( read original story ...)
Tesla builds data center, R&D facility in China
Tesla said on Monday that it has built a research facility and a data center in Shanghai, both of which will be put into use soon, as the United States electric carmaker ramps up its localization ... ( read original story ...)