The Hang Seng Index slipped as Alibaba, JD.com and other tech leaders surrendered gains from two days of rebound Shanghai reported a record number of Covid-19 cases even amid an extended lockdown ... ( read original story ...)
Shanghai Zinc and Shanghai Nickel rose more than 1% in the outer market, leading to a decline in the inner market. Black is strong [SMM Daily Review]
As of 15:30, the dollar index rose 0.16%, US oil fell 0.03%, and cloth oil rose 0.23%. Metal futures market: by the end of the day, most of the inner metal rose, only Shanghai aluminum fell 0.9% only ... ( read original story ...)
Inside Shanghai, the financial hub grappling with China’s biggest-ever COVID-19 outbreak
Shanghai recorded more than 17,000 new COVID-19 cases on Wednesday, forcing authorities to keep its 25 million residents locked down for the second week ... ( read original story ...)
China’s yuan weakens as Shanghai lockdown adds to worries over slowing economy
China's yuan eased against the dollar on Wednesday, the first trading session after a long holiday, hurt by growing investor concerns over the worsening economic growth outlook after Shanghai extended ... ( read original story ...)
Top News Podcast: Petrol, diesel prices hiked again; LIC IPO in May; Shanghai lockdown and more
Tune in for the latest on fuel price hikes, HDFC twins merger, LIC IPO, COVID-19 situation in Shanghai and more ... ( read original story ...)
Tesla Stock Slips Lower As Shanghai Extends Covid Lockdown Amid Record Infection Surge
Tesla's Shanghai factory, which has been closed since March 28, could face further re-opening delays as city authorities extend their Covid lockdown rules. ( read original story ...)
Coronavirus: Shanghai’s Covid-19 cases soar by a daily record of 13,354, offering no end in sight for citywide lockdown in China’s financial hub
The number of infections was the highest one-day tally, with 268 cases showing symptoms on Monday, compared with 425 a day earlier Still, the city of 25 million residents took no chances, undergoing a ... ( read original story ...)