Chinese electric vehicle (EV) battery manufacturer Contemporary Amperex Technology Co Ltd (CATL) has announced plans to invest CNY2.8bn (US$440m) in new facilities in the China (Shanghai) Pilot Free ... ( read original story ...)
SMM Evening Comments (Feb 22): Shanghai Nonferrous Metals Closed Mixed, Market Sentiment Was Comparatively Bullish
Shanghai nonferrous metals closed mixed as the escalating Russia-Ukraine tension kept the investors on the edge. Nonetheless, the market sentiment was comparatively bullish as China one-year and ... ( read original story ...)
A Bunch of F&Bs: Beijing Comes to Shanghai with Mosto and Zhaodai
Rumors are swirling around a little strip of prime real estate at Hengshan Lu right around the corner from the old Arkham. Shanghai’s “underground” clubbing scene is likely to be joined in the coming ... ( read original story ...)
PBOC Urges Shanghai Banks to Boost Mortgages, Developer Loans
The Shanghai branch of China’s central bank urged commercial banks to accelerate real estate lending, according to people familiar with the matter, adding to signs that regulatory efforts to arrest a ... ( read original story ...)
Shanghai Composite Index Fell 0.96% on Tuesday
China’s benchmark Shanghai Composite Index (000001.SH) lost 0.96% on Tuesday, while the Shenzhen Component Index (399001.SZ) fell 1.29%. Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.81% for ... ( read original story ...)
Metal midday more downside Shanghai aluminum gains narrowed to 1.13% black significant pullback [SMM afternoon review]
Shanghai copper is still the only floating green, closing down 0.48%. Earlier, affected by tensions in Russia and Ukraine, Shanghai Aluminum quickly opened up more than 2%, with an intraday center of ... ( read original story ...)
SMM Morning Comments (Feb 22): Shanghai Nonferrous Metals Closed Mixed amid Escalating Geopolitical Crisis
Shanghai base metals closed mixed increasing risk aversion sentiment in the market after the Russia-Ukraine conflict escalated, and the US and the Europe vowed to impose sanctions on Russia. SHANGHAI, ... ( read original story ...)