Shanghai recorded more than 26,000 new Covid infections as China’s largest documented outbreak continues to spread despite an extended lockdown of the city’s 25 million people. ( read original story ...)
Cnooc to Raise at Least $4.4B in Shanghai Offer
By P.R. Venkat One of China's biggest oil companies, Cnooc Ltd., plans to raise $4.41 billion from a Shanghai listing, after its shares were delisted ... ( read original story ...)
Shanghai lockdown: ‘China put’ in play as foreign funds buy Moutai, China Tourism stocks amid calls for rate cuts, fiscal boost
Turnover on the Shanghai Stock Exchange since the citywide curbs since ... Feeling downbeat on Hong Kong stock market? Follow buy-backs as tonic for higher returns, Haitong says The pressure for ... ( read original story ...)
Shanghai residents question human cost of China’s Covid-19 quarantines
Lu, 99, was a long-time resident at Shanghai's Donghai Elderly Care hospital, her loved ones secure that she was getting round-the-clock care at the city's largest such centre. . Read more at ... ( read original story ...)
Op-Ed: Shanghai lockdown proving everybody wrong as global commercial hub paralysed
The news coming from Shanghai is all bad and getting worse. The huge lockdown, which has required 26 million people to stay home has become unworkable. Food shortages and food rio ... ( read original story ...)
Chilling videos shows locked-down Shanghai residents screaming from their windows
Shanghai residents frustrated with the latest Covid lockdown measures have taken to screaming from the windows of their apartment blocks, according to several viral videos on social media. ( read original story ...)
China’s slump has put the US luxury market in the spotlight
And that’s a good thing for the industry, because with Shanghai in lockdown and European demand potentially hurt by the war in Ukraine, the US is picking up the bling baton. In 2021, luxury growth was ... ( read original story ...)