Category: Shanghai News

China, Hong Kong stocks climb as Beijing opens financial markets further

China and Hong Kong stocks rallied on Friday after Beijing further opened up its financial markets to foreign investors and as talks between U.S. and Chinese trade officials lifted sentiment. ** At ……


China Stock Market May See Renewed Support On Friday

The China stock market on Thursday snapped the three-day winning streak in which it had advanced almost 70 points or 2.5 percent. The Shanghai Composite Index now rests just above the 2,870-point ……


China reports one new coronavirus case, 16 asymptomatic cases

China reported one new coronavirus case for May 7, down from the two cases the day before, data from the national health authority showed on Friday….


Stocks rise on hope that worst of economic plunge has passed

Shares have surged in Asia after Wall Street logged its biggest gain in a week as investors find more reasons to hope that the worst of the economic fallout from the coronavirus pandemic may have pass ……


Tesla’s China plant goes offline due to component shortage, report says

Tesla currently isn’t building a single car worldwide after the EV maker reportedly took its plant in Shanghai, China, offline. © Provided by Roadshow Not a single Tesla is in pr ……


Tesla reportedly halts China production, bringing its number of total operational factories to zero

It indicates a way to close an interaction, or dismiss a notification. Tesla has abruptly halted production at its Shanghai factory, Bloomberg News reported Thursday citing people familiar with ……


Absence makes the heart grow fonder as China goes back to school

Temperature checks, compulsory face masks and scrupulous hygiene – it’s more like going to a hospital than a school, but the Shanghai students returning to class after three months of lockdown are ……


Tesla Idles China Plant, Suspending Vehicle Output Worldwide

Tesla Inc. suspended production at its plant on the outskirts of Shanghai, according to people familiar with the matter, bringing to a halt all of the company’s vehicle manufacturing globally….


China auto sales likely rose in April, ending almost two years of decline

Vehicle sales in China likely rose in April from a year earlier, its top auto industry body said on Thursday, ending almost two years of declines and signalling that the world’s biggest auto market is ……


Shanghai Disneyland to Reopen Amid Drop in New COVID-19 Cases in China

Shanghai Disneyland will reopen to guests next week after closing for more than three months due to COVID-19, according to news reports….