Shanghai authorities have released a work plan lately that aims to convert all buses and taxi fleets in the city to new-energy vehicles (NEVs) by the end of 2027. The plan comes as more Chinese cities ... ( read original story ...)
Shanghai Port continues to be upgraded
The second phase of China's first systematic container port renovation project kicked off at Luojing Port in Shanghai on Aug 7, aiming to strengthen the port's position as a hub and support the nation ... ( read original story ...)
China’s M&A, Restructuring Markets Heat Up Amid IPO Slowdown
Chinese investors are shifting focus to mergers and acquisitions as well as corporate restructuring as a better way of getting a return on their investment amid a prolonged downturn in initial public ... ( read original story ...)
In the News: Mandatory Worker Representation in Boardrooms; Shanghai Biomedical R&D; and Temu Merchant Disputes
Revised Chinese Company Law requires mandatory worker representation in boardrooms; Shanghai's biomedical measures catches the most attention; and Merchants of Pinduoduo's international arm, Temu, ... ( read original story ...)
Shanghai zinc: Domestic zinc ingot supply is limited, and traders hold prices relatively firm
Today, the mainstream transaction prices for 0# zinc were concentrated at 21,840~21,940 yuan/mt, Shuangyan traded at 22,120~22,210 yuan/mt, and 1# zinc traded at 22,120~22,210 yuan/mt. ( read original story ...)
Asian shares are mixed after Wall Street decline led by falling tech stocks
TOKYO -- Asian shares were mixed Thursday after declines on Wall Street, as the gyrations that recently slammed global markets haunted investors. Japan’s benchmark Nikkei 225 retrieved earlier losses ... ( read original story ...)
Wanda Nears Deal for Loan Facility to Pay Pre-IPO Investors
Dalian Wanda Commercial Management Group Co. told some investors this week that a loan that could be used to pay some pre-IPO investors in one of its units is close to being finalized, according to ... ( read original story ...)