Shanghai stocks closed at three-month highs, while Hong Kong shares ended unchanged on Tuesday, despite an overnight slump in U.S. stocks on fears of aggressive U.S. rate hikes, as analysts expect ... ( read original story ...)
Shanghai to Mass Test Whole City Every Weekend Up to End of July
Shanghai will conduct mass testing to detect Covid-19 cases in residential compounds every weekend through the end of July as authorities remain wary of new infection chains that can spawn wider ... ( read original story ...)
Shanghai’s Reopening Comes Too Late for Stressed Developers
China’s stop-start reopening may be too little, too late to save some cash-strapped property developers. Most Read from BloombergAmericans Are Building Vacation-Home Empires With Easy-Money LoansChina ... ( read original story ...)
As China seeks ‘zero COVID,’ Shanghai delays reopenings and orders mass testing
Just 10 days after Shanghai lifted its harsh two-month lockdown and less than a week after Beijing declared its outbreak under control, China’s two largest cities found themselves walking back on ... ( read original story ...)
Shanghai is the most expensive city in the world reveals Julius Baer lifestyle index
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide. ( read original story ...)
Hong Kong slips one place to fourth most expensive city for luxury spending, Shanghai takes top spot
A sharp drop in hotel room prices as the pandemic barred the way for big-spending foreign tourists dragged the city down below Shanghai, London and Taipei. Hong Kong’s hospitality industry suffered a ... ( read original story ...)
Shanghai orders mass COVID testing each weekend until end-July
Shanghai will require all of its 16 districts to organise mass COVID testing for residents every weekend until the end of July, a city official said on Wednesday. Zhao Dandan said that said that all ... ( read original story ...)