Category: Shanghai News

China Construction Bank posts 5% rise in first-quarter profit

SS> , the country’s second-largest lender by assets, posted a 5.12% increase in first-quarter profit….


AutoX and Alibaba’s Amap Launch a Robotaxi Ride-hailing Service in China

Alibaba‘s Amap and AutoX have partnered up to launch a self driving vehicle as Robotaxi, in China’s ride-hailing network for commercial service in China. The service is being launched first in ……


China Pushes Back Against U.S. Calls for Coronavirus Compensation: Live Updates

A spokesman accused U.S. politicians of “lying through their teeth,” about the origins of the virus. In India, plans for a partial reopening are creating fear and uncertainty….


China discounts, cheaper iPhone to cushion Apple from virus blow to demand

Apple Inc’s discounts on the iPhone 11 in China and the release of a new low-price SE model have put the company in a better position than rivals to weather a coronavirus-related plunge in global ……


China Southern Airlines Company Limited Files 2019 Annual Report on Form 20-F

PRNewswire/ — China Southern Airlines Company Limited (“ZNH” or the “Company”) (NYSE: ZNH) The Company’s annual report on Form 20-F for the fiscal year ……


China’s BoCom reports 1.8% rise in first-quarter profit amid pandemic

BEIJING/SHANGHAI (Reuters) – China’ Co Ltd (BoCom) , reported a 1.8% in its first-quarter net profit. Profit at China’s sixth-biggest bank by assets ro ……


Contrary to opinions in China, Australia is not a US lapdog

This would be doubly disappointing because Australia leapt ahead of the US and re-established diplomatic relations with China the same year as Nixon’s visit. There’s no clearer sign of the frosty ……


China is expanding listing reforms to Chinext startup board

The Chinext startup board’s draft rule follows a reform pioneered in China by Shanghai’s STAR Market, allowing unprofitable tech companies to list….


China lab rejects COVID-19 conspiracy claims, but virus origins still a mystery

Claims that the coronavirus pandemic originated in a laboratory in the Chinese city of Wuhan have no basis in fact, the head of the lab told Reuters, adding that there were still no conclusive answers ……


China stocks waver as earnings loom; start-ups surge on IPO reform

China stocks on Tuesday flitted in and out of negative territory but turned positive as the start-up index gained on fresh regulatory reform, while investors awaited big banks to release their ……