China’s top anti-graft watchdog announced Friday that Tian Huiyu, a former president of China Merchants Bank Co. Ltd. (CMB) (600036.SH), is under investigation for suspected severe violations of law ... ( read original story ...)
Which Sectors Are Hurt Most by Covid-19 Pandemic in Shanghai?
As several enterprises in Shanghai have suspended production and transport is slow amid the eastern city's latest wave of the Covid-19 pandemic it is interesting to predict which industries will be ... ( read original story ...)
Nerves fray, frustration grows in Shanghai’s lockdown purgatory
"at-above-post addthis_tool" data-url=" (Reuters) -Stiffening resolve after three weeks of strict lockdown, authorities warned Shanghai’s 25 million frazzled residents on Friday that their purgatory ... ( read original story ...)
Oversold China Stock Market Still Called Lower On Friday
The China stock market has moved lower in five straight sessions, tumbling almost 150 points or 4.8 percent along the way. The Shanghai Composite Index now rests just beneath the 3,080-point plateau ... ( read original story ...)
Oil giant CNOOC soars in Shanghai debut
SHANGHAI: China’s CNOOC Ltd saw its stock surge as much as 44% in its Shanghai debut in defiance of overall market weakness, as investors sought safety in the oil giant amid lofty energy prices and ... ( read original story ...)
Shanghai doubles down on strict lockdown enforcement in COVID fight
Shanghai authorities doubled down on their offensive against COVID-19 on Friday, launching a new round of city-wide testing and warning residents their three-week lockdown would only be lifted in ... ( read original story ...)
Shanghai says its lockdown will only be lifted in batches
Shanghai said on Friday that it will only lift its lockdown in batches once virus transmission outside quarantined areas was stamped out to a satisfactory level, as it announced a new round of ... ( read original story ...)