Category: Shanghai News

China stocks step back as virus concerns resurface

SHANGHAI, May 11 (Reuters) – China stocks shed early gains to end a tick lower on Monday, amid renewed concerns over the coronavirus outbreak as Wuhan reported its first cluster of infections ……


Asia Today: China Cases Rise, Students Back, Disney Reopens

China reported another rise in coronavirus cases on Monday, as the government reminded people to step up personal protection against the virus….


China Cut Interest Rates for Standing Lending Facility Loans in April

China’s central bank said it lowered interest rates on its standing lending facility (SLF) in April, catching up with similar reductions in other liquidity tools as part of Beijing’s efforts to ……


China Stock Market May Crack Resistance At 2,900 Points

The China stock market rebounded on Friday, one session after it had snapped the three-day winning streak in which it had advanced almost 70 points or 2.5 percent. The Shanghai Composite Index now ……


Burning Rock deepens cooperation with Illumina to promote development and standardization of NGS-based cancer therapy selection in China

Burning Rock and Illumina (NASDAQ: ILMN), a global leader in gene sequencing and array-based technologies, jointly announced today that they are joining forces to promote the development and ……


China Liquor Giant Defies Global Slump With $60 Billion Rally

Chinese liquor giant Kweichow Moutai Co. is powering a recovery in the country’s stock market, defying evidence of a worldwide slump in demand for booze.The shares — the priciest in China at about 1, ……


Week In Review: Junshi Out-Licenses Ex-China Rights For COVID-19 Therapeutic To Lilly

China rights for a therapeutic antibody aimed at preventing and treating COVID-19 to Eli Lilly. Sorrento Therapeutics formed ……


China’s Wuhan reports first coronavirus infection in over a month

China on Sunday reported the first case of coronavirus in over a month in Wuhan, the city where the outbreak first started in December last year….


China to reform disease prevention system

China will reform its disease prevention and control system to address weaknesses exposed by the coronavirus outbreak, a senior health official said on Saturday. © Reuters/ALY SONG People wearing face ……


New Covid-19 cases in China, including pandemic hotspot Wuhan

A new indigenous case of Covid-19 has been reported in China’s Hubei province, considered ground zero of the pandemic that has killed over 270,000 people worldwide….