Category: Shanghai News

China stocks end higher as investors eye fresh stimulus

China shares ended firmer on Thursday as investors anticipated further policy support from the ongoing Chinese parliamentary meeting, but gains were curbed amid a standoff between Washington and ……


Yum China Releases 2019 Sustainability Report

PRNewswire/ — Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC), today issued its annual Sustainability Report, which highlights ……


Japan jumps more than 2% as U.S.-China tensions heat up; oil prices fall

U.S. Secretary of State Mike Pompeo told Congress on Wednesday that Hong Kong was no longer autonomous from China, raising questions over the special administrative region’s favorable trade ……


Walmart’s flagship Sam’s Club begins construction in Shanghai

A new flagship outlet of Walmart’s members-only warehouse chain Sam’s Club began construction in Shanghai on Thursday and is set to open in 2021. Located in the Waigaoqiao bonded area of the Pilot ……


Alibaba extends its reach in China as coronavirus outbreak opens doors

Alibaba Group Holding Ltd is emerging as one of China’s biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its status as a critical part ……


China Stock Market Tipped To Bounce Higher

The China stock market on Wednesday snapped the two-day winning streak in which it had collected more than 30 points or 1 percent. The Shanghai Composite Index now rests just above the 2,835-point ……


China Reports Two New Coronavirus Cases Versus One a Day Earlier

China reported two new confirmed coronavirus cases in the mainland on May 27, up from one a day earlier, the country’s health authority said on Thursday….


Why Delta’s return to China may include a stop in Seoul

Delta Air Lines hopes to resume flights to China next month with plans to return to Shanghai. But the the airline is covering its bases and does not plan to offer a nonstop flight from the U.S., at ……


Tesla: China Trade War Risk

President Trump will use China virus in his re-election campaign. Chinese government and consumers may push back on US companies. Stronger US Dollar will impact ……


In C-Reits, China sees chance to steady the ship

China has moved closer to approving its first onshore real estate investment trusts. When tax and gearing issues are overcome, the market could overtake the US to be the world’s largest, bankers say….