Category: Shanghai News

Hong Kong markets gain, as UK vaccine approval, positive China services sector data fuel hopes of Covid-19 recovery

The Hang Seng Index rose 0.7 per cent on Thursday. The Shanghai Composite, meanwhile, slipped 0.2 per cent for its second consecutive day of declines….


China’s fur farms see opportunity as countries cull mink over coronavirus fears

As millions of mink are culled in Europe amid fears they could spread the novel coronavirus, struggling Chinese suppliers are defying calls for their business to be banned and taking advantage of a ……


China could fall short on smog targets as industry surges: study

Major industrial areas in northern China are at risk of falling short of their winter pollution targets after surges in the production of steel and cement, the Helsinki-based Centre for Research on ……


Self-driving robotaxis are taking off in China

The world has been inching toward fully autonomous cars for years. In China, one company just got even closer to making it a reality….


China testing blunders stemmed from secret deals with firms

Secrecy and cronyism at China’s top disease control agency led to widespread test shortages and flaws that hampered the early response to the coronavirus outbreak, an Associated Press investigation ……


China Stock Market May Be Stuck In Neutral On Thursday

The China stock market has ended lower in two of three trading days since the end of the two-day winning streak in which it had gathered more than 45 points or 1.4 percent. The Shanghai Composite ……


Mainland China reports 16 new COVID-19 cases vs 9 a day earlier

Mainland China reported 16 new COVID-19 cases on Dec. 2, up from nine cases a day earlier, the country’s national health authority said on Thursday. The National Health Commission said all of the ……


Delta Resumes Only Nonstop Flights to China by U.S. Airlines

Delta Air Lines Inc. resumed nonstop flights to China on Wednesday, even as its major U.S. competitors continue to stop first in South Korea….


Investors should bet on Chinese cyclicals: Warburg Pincus’ China JV

Chinese cyclical stocks should see a rapid recovery in valuations as investors, betting on economic revival, move into sectors such as banking and construction and out of expensive tech shares, an ……


China crazy for chips

Now, facing escalating tensions between China and India, it is considering selling off its 30 per cent stake in Indian payments giant Paytm. Ant has poured Rmb2.9bn (440m) into Paytm over the past ……