Category: Shanghai News

Hong Kong stocks close at 9-month high on upbeat China data

HK daily quota used 9.3% * HSI +0.3%, HSCE +0.8%, CSI300 +1.2% * FTSE China A50 +1.5% Nov 27 (Reuters) – Hong Kong stocks ended at a nine-month high on Friday, gaining for the fourth week in a ……


China stocks end higher to post weekly gains on upbeat data

China stocks rose on Friday to post weekly gains, as upbeat profits from industrial firms pointed to a continued recovery in the world’s second largest economy amid the coronavirus outbreak….


The ‘bloodsucking capitalist’ being lauded by Communist China

Zhang Jian, a pioneering 19th century capitalist, has been brought back to life many times by the Chinese Communist party since his death in 1926, depending on its propaganda needs. But his latest ……


INSIGHT-How parent of BMW’s China partner drove to the brink of bankruptcy

In October 2003, the first China-made BMW 325i sedan rolled off a new production line owned by the German luxury brand and its joint venture partner, Brilliance, a subsidiary of provincially owned ……


Unmanned catering cars sell food to people in Shanghai

Unmanned catering cars park outside the subway station of Zhangjiang Jinke Road in Shanghai, east China, Nov. 26, 2020. Unmanned catering cars, being controlled remotely, sell food to people at ZJ ……


5th “Think Youth” exhibition of artworks kicks off in Shanghai

A visitor enjoys artworks of visual communication design during the 5th “Think Youth” exhibition in east China’s Shanghai, Nov. 26, 2020. The 5th “Think Youth” exhibition of artworks kicked off on ……


With frozen food clampdown, China points overseas as source of coronavirus

As global COVID-19 infections surge, China is pushing a narrative via state media that the virus existed abroad before it was discovered late last year in the central city of Wuhan, where it was ……


China stocks dip as consumer firms drag, NEV makers extend drop

China’s benchmark stock index slipped on Thursday, weighed down by consumer staples and industrial firms, while new-energy vehicle (NEV) shares extended their fall over news of probes by local ……


China puts electric-car makers on notice in probe mentioning Evergrande, Baoneng after tightening oversight on fintech companies

China is putting the new-energy vehicle manufacturing industry under the microscope, days after shackling fintech companies and their anti-competition practices….


Tesla plans to produce electric car chargers in China, document shows

Tesla Inc plans to start manufacturing electric vehicle (EV) chargers in China in 2021, according to a document submitted to the Shanghai authorities by the U.S. firm which is seeking to expand sales ……