Category: Shanghai News

China stocks end lower on U.S. ban, bond default jitters; post weekly loss

China stocks closed lower on Friday to post a weekly loss, after Trump administration decided to ban U.S. investments in firms linked to the Chinese military, while a series of corporate bond defaults ……


CIIE, engine of stimulating global trade during pandemic: Pakistani Consul General Shanghai

SHANGHAI, Nov.13 (China Economic Net) – “China has led the efforts for the fight against COVID-19, and now China is also leading the efforts for global economic recovery,” Hussain Haider, Consul ……


Hong Kong, China markets tumble after Trump bans US investments in ‘Communist Chinese military’ firms

Hong Kong and China markets retreated after US President Donald Trump signed an executive order overnight banning Americans from investing in mainland companies with suspected ties to the “Communist ……


China, Hong Kong stocks fall on U.S. ban, bond defaults

China and Hong Kong stocks fell on Friday following the Trump administration’s decision to ban U.S. investments in firms linked to the Chinese military, with sentiment also hurt by more bond defaults….


Franklin’s triple-double leads Shanxi past Shanghai

“Our team kept fighting in this game but we lost in the last minutes,” said Shanghai head coach Neven Spahija. Follow China.org.cn on Twitter and Facebook to join the conversation….


Nio Stock Surge Tops 1,000% as Tesla’s China Nemesis Gains Speed

A year ago, Nio Inc.’s dwindling cash and sputtering sales had the electric-car upstart on the brink of doom. Fast forward, and the stock’s 11-fold gain in 2020 has pushed the Chinese company’s market ……


Mainland China reports eight new COVID-19 cases versus 15 a day earlier

Mainland China reported eight new COVID-19 cases on Nov. 12, down from 15 cases a day earlier, the country’s national health authority reported on Friday. The National Health Commission said in a ……


Argentina says China has found coronavirus trace on beef shipment packaging

Argentine authorities said on Thursday that they had been informed about an alleged finding by China of traces of COVID-19 on the external packaging of a shipment of the South American country’s beef….


China E-Commerce Firm Pinduoduo Jumps on Surprise Profit

Shares of Chinese e-commerce platform Pinduoduo jumped as it posted a surprise adjusted profit and revenue jumped year over year….


Franklin’s triple-double leads Shanxi Loongs past Shanghai Sharks in CBA (updated)

Jamaal Franklin had 44 points, 14 rebounds and 18 assists to help the Shanxi Loongs edge Shanghai Sharks 121-118 in the 2020-21 Chinese Basketball Association (CBA) here on Thursday. Shanxi took the ……