Contemporary Amperex Technology has secured CNY44.9 billion (USD6.7 billion) in a private placement of new shares led by brokerage Guotai Junan Securities which the Chinese electric car battery giant ... ( read original story ...)
Investing in Shanghai: Industry, Economics, and Policy
Shanghai is mainland China’s commercial capital and most populous city. We profile its economy, key industries, and guiding policies. ( read original story ...)
Shanghai-based VR device manufacturer DPVR announces completion of multimillion dollar round of funding
DPVR, a Shanghai-based company specializing in virtual reality (VR) device design and manufacturing, has recently announced that it has completed a ... ( read original story ...)
1 dead in China’s Shanghai chemical plant explosion
The fire at a Sinopec Shanghai Petrochemical Co. plant in outlying Jinshan district broke out around 4:00 am, but was brought under control later that morning, according to state news agency Xinhua. ( read original story ...)
ByteDance to shut Shanghai game development studio
TikTok owner ByteDance is disbanding one of its main game studios due to its disappointing performance. According to a company manager, half of the staff at Shanghai's 101 Studio will be shifted to ... ( read original story ...)
Shanghai reaches 51,716 5G base stations at end-April: report
The Shanghai branches of China Telecom, China Mobile and China Unicom had ended April with more than 9.3 million 5G subscribers. ( read original story ...)
How Can Shanghai’s Manufacturing Sector Stand Firm?
The resilience of Shanghai’s manufacturing industry was illustrated all too clearly during the recent two-month lockdown when, undeterred by the enormous challenges, many companies forged on ... ( read original story ...)