Shanghai is deemed as an international cultural metropolis with a large number of cultural facilities and events in the eyes of foreigners, according to a new survey published on Nov 27. Conducted by ... ( read original story ...)
Shanghai tests local residents after ‘suspected’ COVID-19 case in Songjiang district
A "suspected" COVID-19 case in Shanghai's Songjiang district has led to testing of the person's close contacts, said the district's epidemic prevention and control office, and no other cases have been ... ( read original story ...)
Tesla Gets China Go-Ahead To Sell Shanghai-Made Model Y EVs
Tesla Inc (NASDAQ: TSLA) has been granted permission by China’s Ministry of Industry and Information Technology to sell its Shanghai-made Model Y vehicles, Reuters reported Sunday. What Happened: The ... ( read original story ...)
China central bank offers salve to jittery markets with surprise MLF injection
China's central bank surprised markets on Monday with an injection of medium-term cash into the banking system, in what traders and analysts viewed as a move to calm nerves rattled by a string of ... ( read original story ...)
China’s IPO Problem: Why Can’t Shanghai Run A Public Offering?
PetroChina launched an IPO), and was valued at $1Tn. In the next 20 weeks, the share price fell 52%. The stock never recovered. Today, PetroChina’s shares are down almost 90% from the IPO price. ( read original story ...)
Ant IPO Is Said to Face Slim Chances of Getting Done Next Year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)
Banking Leads Chinese Shares to Higher Open
China’s mainland stock markets opened higher this morning as the banking sector surged. The Shanghai Composite Index opened 0.29 percent higher at 3,418.16, while the Shenzhen Component Index rose ... ( read original story ...)