Disney CEO Bob Chapek said that Disney will move slowly with Shanghai to make sure it has its “training wheels on” with new health and safety procedures to avoid long lines. ( read original story ...)
PBOC Shanghai says it will help commercial banks to issue bonds
China central bank's Shanghai office said it will help commercial banks in the municipality issue more tier-2 capital bonds and perpetual bonds to replenish their capital, as part of efforts to boost ... ( read original story ...)
Disney takes more than $1 billion coronavirus hit, set to reopen Shanghai park
Disney reported Tuesday that it took a more than $1 billion financial hit due to the coronavirus, but says Shanghai Disneyland will reopen next week with strict crowd control measures in place. Disney ... ( read original story ...)
Shanghai Disneyland to Reopen May 11 With Social Distancing
Disney will enact social distancing and government-mandated precautions, such as mask requirements and temperature screenings ... ( read original story ...)
Disney Shanghai will open on May 11 with social distancing rules in place
CNBC's Julia Boorstin reports breaking news on Disney Shanghai. ( read original story ...)
Is This The Right Time For A Chinese IPO In US? Kingsoft Cloud Will Soon Find Out
From this sale, Kingsoft Cloud expects to generate net proceeds of between $392 million and $451 million. The company would then have a market value of between $3.6 billion and $3.8 billion. Kingsoft ... ( read original story ...)
Disney’s Shanghai theme park will reopen Monday
Theme parks are crucial to Disney's health, and the coronavirus closures cost the company $1 billion in lost income in the first three months of the year. ( read original story ...)