Category: Shanghai News

Mainland China reports 8 new COVID-19 cases vs 13 a day earlier

Mainland China reported eight new COVID-19 cases on Nov. 15, down from 13 a day earlier, the country’s health authority said on Monday….


Hong Kong, China stocks rise on trade optimism, Meituan paces gains in new index trio ahead of December rebalancing

Pacific nations agreed to cooperate on reducing tariff and red tape in trade. Meituan led gains among new index members in a rebalancing exercise. The Hang Seng Index gained 0.4 per cent to 26,260.61 ……


China c.bank injects 800 bln yuan of medium-term loans, rate unchanged for 7th month

China’s central bank on Monday injected 800 billion yuan ($121 billion) in medium-term loans into the banking system and kept borrowing costs unchanged for the seventh straight month….


Coronavirus: China reports more positive tests on imported frozen food

The coronavirus has been detected on imported frozen food and packaging in a number of cities across China in the last few days, raising concern about new Covid-19 outbreaks in the country. With the ……


China Wants a Made-in-China Copper Price

China’s next move to open up its commodities markets may be a step change.As of Thursday, overseas investors will be able to trade copper futures on the Shanghai International Energy Exchange. It’s ……


AllianceBernstein applies to set up China mutual fund unit

U.S.-based asset manager AllianceBernstein’s Hong Kong unit has applied to set up a mutual fund in China, the Chinese securities regulator’s website showed….


China finds coronavirus on frozen beef, tripe from various countries

The eastern Chinese city of Jinan said it has found the new coronavirus on beef and tripe, and on packaging for these products, from Brazil, New Zealand and Bolivia as China ramps up testing on frozen ……


Flagship scheme to forge closer links between Britain and China’s stock markets dubbed a ‘flop’ after UK firms shun the initiative

Shanghai Connect scheme was launched in June 2019 to encourage large Chinese and British companies to raise capital through listings on each other’s stock markets….


China regulator says financial innovation must not create oligopolies

China should ensure financial innovation maintains fair competition and does not create oligopolies or construct barriers to entry, a Chinese regulatory official said Saturday….


Mainland China reports 18 new COVID-19 cases versus 8 a day earlier

Mainland China reported 18 new COVID-19 cases on Nov. 13, up from eight cases a day earlier, the country’s national health authority reported on Saturday. The National Health Commission said in a ……