In its bustling financial zone of Lujiazui, banks and financial institutions have resumed offline operation. ( read original story ...)
Dividend-rich stocks are China’s market-beating weapon for funds seeking shelter from Shanghai market turbulence
The Shanghai Stock Exchange Dividend Index has outpaced the broader market of 1,860 stocks this year as old-economy stalwarts delivered stability Top index performers included Maanshan Iron & Steel ... ( read original story ...)
Shanghai neighbourhoods return to lockdown a day after restrictions eased
Multiple neighbourhoods in Shanghai were placed back under lockdown only a day after city-wide restrictions were lifted, as China's stringent zero-COVID strategy continues to haunt the financial hub. ( read original story ...)
Coronavirus: as Shanghai reopens, South Korean firms race to shake off lockdown disruptions
South Korean companies in Shanghai or with exposure to its supply chain are trying to get business back on track after lockdown was lifted From small traders to some of South Korea's top conglomerates ... ( read original story ...)
Shanghai reopening: stock exchange to release staff from sleeping on-site on June 6, breaking its ‘closed loop’ as city exits lockdown
Exchange staff have been locked in the building since late March to ensure trading goes on at China’s largest bourse. ( read original story ...)
Bank loans and foreign exchange grind to a halt amid China lockdowns
Banks in China are urging regulators to relax rigid documentation rules as companies there have not been able to fulfil them due to Covid-19 lockdowns, forcing the lenders to halt services such as ... ( read original story ...)
Fashion-obsessed Shanghai residents flocked to luxury stores on the first day the city reopened following its brutal lockdown
"Revenge spending in Shanghai means long queues outside Hermès," said a user on China's Twitter-like Weibo platform. ( read original story ...)