The loan, disclosed in a regulatory filing Friday, will only be used only for production-related expenses at the Shanghai plant. ( read original story ...)
Disney’s Shanghai Resorts Expected To Open Monday With Strict Social Distancing Protocols In Place
Once known as the happiest place on earth, Disney Resorts may now earn a new title: the most cautious place on earth. Disney's Shanghai Resort has been closed since late January, as all theme parks ... ( read original story ...)
So Much For China Angst: Kingsoft Cloud Soars 40% On Nasdaq Debut
Kingsoft Cloud Chairman Lei Jun is one of China’s richest men with a fortune worth $10.7 billion on the Forbes Real-Time Billionaires List today. ( read original story ...)
Tesla enters into agreement with a Chinese bank for $565 million loan
As per a regulatory filing on Friday, the firm has secured a $565 million (up to 4 billion yuan) loan for its Shanghai plant, which will be used for expanding production at the site. ( read original story ...)
Disney Gives Detailed Tour of How Shanghai Park Will Operate Once it Reopens
The Walt Disney Co. on Saturday gave journalists a detailed tour of how Park will operate when it reopens to the public on Monday following months of being shuttered due to the coronavirus pandemic. ( read original story ...)
Chinese banking apps are over-collecting personal data
China’s banking sector recently found itself in the spotlight after a popular comedian complained that China CITIC Bank had shared his personal data information without permission. ( read original story ...)
If You Had Bought Shanghai Fudan Microelectronics Group (HKG:1385) Stock A Year Ago, You’d Be Sitting On A 44% Loss, Today
Shanghai Fudan Microelectronics Group Company Limited (HKG:1385) shareholders should be happy to see the share ... ( read original story ...)