Shanghai firm behind G60 megaconstellation raises $943 million Shanghai Spacecom Satellite Technology has raised 6.7 billion yuan ($943 million) for the construction of its G60 low Earth orbit ... ( read original story ...)
Stock market today: Global shares mostly rise, as wild swings hit Shanghai trading
Global shares are mostly higher, helped by optimism about technology shares. But Shanghai's benchmark saw wild swings on worries over the economic outlook and other risks. European shares opened ... ( read original story ...)
China’s WuXi AppTec, Wuxi Biologics plunge to multi-year lows on fears over US biotech bill
Shares of WuXi AppTec Co Ltd and WuXi Biologics (Cayman) tumbled on Friday as investor fears grew over a U.S. draft bill targeting Chinese biotech giants. Wuxi AppTec plunged 21.2% on Friday, hitting ... ( read original story ...)
Shanghai to Step Up Oversight of Market Value Management at Listed SOEs
(Yicai) Feb. 2 -- Shanghai will promote the market value management of state-owned listed companies as part of its ongoing reforms of state-owned enterprises, so as to enhance supervision and improve ... ( read original story ...)
Shanghai makes great strides in improving business environment
The local administration for market regulation introduced 43 sets of policies and measures last year to further optimize Shanghai's business environment. Many first attempts highlighted Shanghai's ... ( read original story ...)
34 Shanghai brands have been added to China Time-Honored Brands list
According to a notice from the Ministry of Commerce, 34 Shanghai brands have been included in a new batch of China Time-Honored Brands listings, raising the overall number to 197 and surpassing other ... ( read original story ...)
Concerns grow over mounting margin calls as China’s stock market slides
China's stock market slump in January led to a wave of calls for investors to top up cash in their margin trading accounts, triggering fears that a further slide in share prices could spur forced ... ( read original story ...)