Category: Shanghai News

SMM Morning Comments (Sep 21): Shanghai base metals rose broadly as China kept loan prime rates unchanged

Shanghai base metals were mostly higher on Monday morning, while their counterparts on the LME set for a mixed start, as China kept its loan prime rates unchanged. SHANGHAI, Sep 21 (SMM) — Monday ……


China Stock Market May Hand Back Friday’s Gains

The China stock market on Friday wrote a finish to the two-day slide in which it had retreated more than 25 points or 0.7 percent. The Shanghai Composite Index now sits just beneath the 3,340-point ……


Mainland China reports 12 new COVID-19 cases vs 10 a day earlier

SHANGHAI, Sept 21 (Reuters) – Mainland China reported 12 new COVID-19 cases on Sept. 20, up from 10 cases a day earlier, the country’s national health authority said on Monday. The National Health ……


2020 China Int’l Industry Fair concludes in Shanghai

Photo taken on Sept. 15, 2020 shows the industrial robots at the China International Industry Fair in Shanghai, east China. (Xinhua/Ding Ting) SHANGHAI, Sept. 20 (Xinhua) — The 22nd China ……


As Trump Squeezes China, Alipay’s Star Rises

Chinese consumers tap the fintech app to pay bills, order in restaurants, and book appointments. Now it’s preparing for an IPO that could value it at $200 billion….


In China, Paying With Your Face Is Hard Sell

Ant Group Co., which revolutionized China’s payments industry, is learning how hard it is to separate people from their mobile phones. Three years ago, the financial-technology giant controlled by ……


China’s Guolian Securities to acquire Sinolink Securities

Guolian Securities Co said on Sunday it would acquire Sinolink Securities Co through a share swap and stake purchase, a move that accelerates the consolidation of ……


Indonesia’s Palm Oil Exports Rise on Higher Shipments to China

Indonesia’s palm oil exports increased in July on higher shipments to China and the Middle East, according to the Indonesian Palm Oil Association….


Roundup: Italian winemakers are looking to China for growth

A staff member shows Italian red wine at Food and Agricultural Products exhibition area during the second China International Import Expo (CIIE) in Shanghai, east China, Nov. 7, 2019. (Xinhua/Cai Yang ……


China has a stronghold on the lithium-ion battery supply chain

A study claims the US and Europe are both well positioned to close the gap to China in the next five years, but warned that the UK could slip behind by 2025….