Shanghai Gigafactory is now operating at full capacity, according to a Chinese outlet Beijing News Shell Finance which visited the plant on July 15. This update follows earlier concerns about ... ( read original story ...)
China’s second-largest car dealer faces forced delisting as investors snub its shares
China Grand Automotive Service is set to be expelled from the Shanghai Stock Exchange after its shares traded below their par value for 20 straight days, the latest sign of cracks appearing in the ... ( read original story ...)
Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions
In Taiwan, the Taiex fell 2.3%, as computer chip-maker Taiwan Semiconductor Manufacturing Co.'s shares sank 3.5%, extending losses triggered by a report that Washington might double-down on ... ( read original story ...)
Shanghai boosts payment convenience for elderly, foreign residents
Shanghai has significantly improved payment convenience for both elderly and foreign residents, as highlighted by Chen Yong, deputy inspector at Shanghai Head Office of the People's Bank of China, ... ( read original story ...)
The future for China’s banks is in São Paulo, not Shanghai
In a July 15 research note, Deutsche Bank’s chief investment office called the consumption outlook “bleak”. But the outward facing story is very different. Exports rose 8.6% year on year in June, with ... ( read original story ...)
Humanoid robots trained at Shanghai’s bank
Recently, China's first bank lobby manager scene training base for intelligent humanoid robots was launched in Shanghai. The robots participating in the training have a highly bionic torso and ... ( read original story ...)
PwC weighs halving of China financial services audit staff, say sources
PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an ... ( read original story ...)