Category: Shanghai News

Hong Kong and China stocks drop as Covid-19 cases, US-China friction rise again

The Hang Seng Index declined 0.5 per cent to 26,545.96 in early trading. The Shanghai Composite Index, which recorded its biggest gain in more than two weeks on Thursday, dipped 0.1 per cent to 3,400….


China Stock Market Poised To Extend Thursday’s Gains

(RTTNews) – The China stock market on Thursday ended the two-day slide in which it had eased just two points. The Shanghai Composite Index now ……


Coronavirus: China sets trial date for citizen journalist Zhang Zhan

A court document sent to Zhang’s lawyers on Wednesday said Zhang was charged with “picking quarrels and provoking trouble” – an apparent reference for her reporting activities in Wuhan 10 months ago ……


Video Shows Tesla Model Y Production Beginning In China

Tesla Inc (NASDAQ: TSLA) is working hard to reach its goal of 500,000 vehicles produced in 2020 before the year ends. Both the Fremont, California factory and Gigafactory Shanghai are pumping out ……


China’s trade war with Australia backfires as blackouts become common

China’s decision to blacklist Australian coal has caused power shortages across the nation, affecting millions of people….


China’s finance ministry to issue preferential tax policies for chip, software sectors

China’s Ministry of Finance announced on Thursday it would issue preferential tax policies for semiconductor and software industries. (Reporting by Josh Horwitz and Lusha Zhang; Editing by Jacqueline ……


Hong Kong and China markets rise on rally in pharmaceutical stocks, vaccines progress

The markets in Hong Kong and China were on Thursday boosted by strong rallies in stocks of pharmaceutical companies, as investors bet on certain medicines being covered by China’s official health ……


China’s blue-chip index extends gains on healthcare, financials boost

China’s blue-chip index ended higher for the fourth straight session on Thursday, powered by healthcare, consumer staples and financials sectors, on investor optimism over swift recovery in the ……


China stocks climb as investors bet on recovery hopes

* SSEC +0.63%, CSI300 +0.92%, HSI +0.08% * Jiangsu Hengrui powers healthcare stocks amid foreign inflows * Healthcare sub-index up 3.68% SHANGHAI, Dec 17 (Reuters) – Healthcare and financial ……


Tucker Carlson: Biden set to pick China propagandist Bob Iger as ambassador to Beijing

A small group of Americans have prospered from China’s decimaton of the American economy, and most of them have clustered around Joe Biden….