“The focus will shift to drastically resume production and commercial activities,” said Wang Feng, chairman of Shanghai-based financial service group Ye Lang Capital. “But the pace [of resumption] ... ( read original story ...)
Shanghai, home to Tesla, SMIC and GM and Volkswagen’s Chinese partner, is the most important city for China’s economy. Here’s why
The mainland's commercial and financial hub accounts for 3.8 per cent of national GDP and is home to the country's biggest companies and busiest port The impact of Shanghai's weeks-long lockdown on ... ( read original story ...)
Shanghai residents leverage Excel skills, management savvy to navigate lockdown
China's worst COVID-19 outbreak has frayed nerves and stirred resentment among many residents of Shanghai but some have thrived in the face of adversity, stepping up with bright ideas and commitment ... ( read original story ...)
Shanghai Slowly Emerges from Lockdown as Virus Flares Elsewhere
Shanghai is tentatively unraveling a punishing lockdown that confined millions of people to their homes for weeks amid signs that its outbreak is coming under control, even as flareups in distant ... ( read original story ...)
China Stock Market May Remain Stuck In Neutral
The China stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced almost 60 points or 2 percent. The Shanghai Composite Index ... ( read original story ...)
Asian stock market rises stoked by China tech stocks; US futures bounce back
Treasury yields edged up and a dollar gauge fell. Cryptocurrencies weathered the latest stablecoin turbulence, leaving Bitcoin hovering around $30,000. ( read original story ...)
TSLA Stock Falls 5% as Covid-19 Lockdowns Weigh on Shanghai Gigafactory
Today, investors in Tesla and TSLA stock appear to have much more than macro headwinds to contend with, as a big catalyst takes Tesla lower. ( read original story ...)