Festival Travel Rush for 2022 kicks off Monday in China, lasting 40 days from Jan 17 to Feb 25. Railways remain the mainstay of the Spring Festival travel rush, with about 174,000 passengers expected ... ( read original story ...)
Jiangsu Yike Food Group’s IPO to debut on Shenzhen Stock Exchange
Jiangsu Yike Food Group (301116) to start trading on the Shenzhen ChiNext Market Jan 18, tomorrow. The firm has issued 44.90 mln shares priced at RMB 11.4 per share raising RMB 511.84 mln. Its ... ( read original story ...)
China cuts rates on policy loans for first time since April 2020
China's central bank on Monday cut the borrowing costs of its medium-term loans for the first time since April 2020, defying market expectations, to cushion any economic slowdown. The People's Bank of ... ( read original story ...)
Omicron penetrates China’s political, financial and tech hubs
China has detected locally-transmitted omicron infections in the capital Beijing, the financial center Shanghai, and Guangdong, which together account for one-fifth of the country’s GDP. ( read original story ...)
Alibaba-backed chipmaker ASR Microelectronics flops in Shanghai debut
Shares of the first chipmaker to list on a mainland exchange this year were down 33.75% at the end of their first trading day. ( read original story ...)
Is Tesla Giga Shanghai Approaching 1 Million/Year Production Rate?
New video reveals 18 Tesla Model Y leaving the plant within 10 minutes. The Tesla Giga Shanghai plant in China noted an amazing year, producing more than 470,000 electric cars (more than half of Tesla ... ( read original story ...)
1st LD-Writethru: Shanghai reports 3 local asymptomatic COVID-19 cases
East China Shanghai registered three locally transmitted asymptomatic COVID-19 infections on Saturday the municipal health commis ... ( read original story ...)