Category: Shanghai News

China Stock Market May Extend Tuesday’s Losses

The China stock market headed south again on Tuesday, one day after it had snapped the two-day losing streak in which it had fallen more than 35 points or 1.2 percent. The Shanghai Composite Index now ……


Mainland China reports 22 new coronavirus cases vs 6 a day earlier

Mainland China reported 22 new coronavirus cases for April 28, up from 6 reported a day earlier, putting its total number of COVID-19 infections to date at 82,858….


How China Is Attempting to Prevent a Second Wave of Infections

As the first major country to emerge from coronavirus lockdowns, China is focused on avoiding a devastating second wave of infections as it returns to a semblance of pre-pandemic life….


Yum China Reports First Quarter 2020 Results

Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC) today reported unaudited results for the first quarter ended March 31, 2020….


Mansion Global Daily: Billions of Real Estate Waits in Britain, Real Estate Demand Soars in China and More

Real Estate Demand Soars in China Home sales have surged in China as homebuyers newly emerged from lockdowns go on spending sprees. In Shanghai, all 160 units at a new luxury development were sold on ……


How Brands in China Are Responding to Consumer Expectations During the Coronavirus

As shelter-at-home and quarantine measures keep consumers in China at home, brands ramped up their efforts to meet consumers’ high expectations for digital services by offering free online tools and ……


Local Travel to Benefit Most in China’s First Major Holiday Since Coronavirus

China’s tourists are set to stick close to home and take advantage of discounts during the Labor Day holiday, the first since the coronavirus outbreak….


China’s biggest banks post profit growth amid pandemic, but margins shrink

China’s biggest listed banks posted higher profits in the first quarter despite the wider impact of the coronavirus pandemic on the economy, though margins shrank. The world’s largest commercial ……


EXCLUSIVE-Imagination Tech IPO years away, but China listing a top option – source

Chinese-backed Imagination Technologies is at least three years away from a flotation because the chip designer’s finances are so poor, but an eventual listing in Shanghai is a top option, a source ……


Boeing Could Win 777 Orders As China Recalibrates. Will Airbus Develop An A350 Freighter?

Chinese officials see the coronavirus crisis spotlighting the strategic importance of air cargo yet their airlines under-performing in it….