Category: Shanghai News

Your evening longread: The man the US deported – who then helped China into space

It’s a coronavirus-free zone as we bring you an interesting longread each evening to take your mind off today’s news events….


China’s yuan has its worst fall in years before recovering on US election swings

The US presidential election is far from decided. But Chinese markets were jittery overnight about the possibility that President Donald Trump could pull out a second term….


China’s accumulated imports to exceed $22 trillion over next decade, President Xi says

China’s accumulated imports of goods will exceed $22 trillion over the next decade, and the country is accelerating its opening up despite the global coronavirus pandemic, Chinese President Xi Jinping ……


China’s yuan has its worst fall in years on fears of renewed US tension

The US presidential election is far from decided. But Chinese markets may already be getting jittery about the possibility that President Donald Trump could pull out a second term….


Ant Group: China yanks IPO to show Jack Ma who’s really in charge

Beijing just showed tech titan Jack Ma and the rest of China’s billionaire tycoons who’s really in charge. Chinese regulators stunned financial markets on Tuesday when they slammed the brakes on Ant ……


China’s Fosun to seek approval for BioNTech’s COVID-19 second vaccine, ends trials on first

BioNTech’s Chinese partner Shanghai Fosun Pharmaceutical Group does not plan to run further clinical trials of the German firm’s coronavirus vaccine candidate that has completed early-stage trials in ……


Market ties between China, U.S. set to deepen regardless of who wins White House

As the world awaited definitive results from the U.S. presidential election, Chinese investors betting on the re-election of Donald Trump sent shares of a Shenzhen-listed air traffic control software ……


China’s dramatic suspension of Ant listing to hurt business outlook, valuation

China’s shock suspension of Ant Group’s record $37 billion listing in a last-minute regulatory ambush looks set to hit the financial technology giant’s growth prospects and cut into its valuation. The ……


China halts Ant Group’s $37bn listing

China suddenly suspended the $37bn (£28.5bn) listing of Ant Group on Tuesday (3 November), after billionaire founder Jack Ma was called to a meeting with financial regulators. The Ant Group IPO this ……


China’s Fosun to end BioNTech’s COVID-19 vaccine trial, seek approval for another

BioNTech’s Chinese partner Shanghai Fosun Pharmaceutical Group does not plan to run further clinical trials of the German firm’s coronavirus vaccine candidate that has completed early-stage trials in ……