Shares of Cathay Pacific Airways Ltd surged as much as 18.7% on Wednesday, reaching their highest level since Feb. 24, after the carrier announced a HK$39 billion ($5 billion) recapitalisation plan ... ( read original story ...)
China stocks fall after factory gate deflation deepens
China shares slipped on Wednesday as a deepened deflation in producer prices signalled a prolonged impact of COVID-19 pandemic on overseas demand, raising doubts about a swift economic recovery. ** At ... ( read original story ...)
Shanghai copper jumps to 20-week high on China demand
Shanghai copper jumped on Wednesday to its highest level in nearly 20 weeks, recouping almost all of its losses caused by the COVID-19 pandemic on strong demand in China and low stocks. The ... ( read original story ...)
Top Analyst Reports for AT&T, Disney & PepsiCo
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including AT&T ( T ), Disney ( DIS) and PepsiCo ... ( read original story ...)
Hong Kong’s Leader Wants More Financial Integration With China
Hong Kong’s leader said she told Chinese officials the city should be transformed into a global hub for private wealth and a more prominent offshore Renminbi center, even amid concerns about the ... ( read original story ...)
Shanghai Renewable Subsidies to Support Solar and Offshore Wind
Shanghai’s municipal government will extend subsidies for solar and offshore wind through 2021 while ending those for onshore wind as it tries to meet its target for renewable energy generation. ( read original story ...)
Shanghai kicks off night festival to stimulate economy
[Photo/Xinhua] Shanghai carried out a night festival to boost the city's night economy on June 6. A number of bars, museums, bookstores, shopping malls and landmark commercial complexes joined the ... ( read original story ...)