Category: Shanghai News

Mainland China reports 20 new COVID-19 cases versus 13 a day earlier

Mainland China reported 20 new COVID-19 cases on Oct. 13, up from 13 cases a day earlier, the country’s health authority said on Wednesday….


Asia-Pacific stocks slip as investors monitor speech by China’s Xi; Evergrande shares in Hong Kong tumble

Pacific monitor a speech by Chinese President Xi Jinping in Shenzhen on Wednesday. That came as the Shenzhen Special Economic Zone celebrates the 40th anniversary of its establishment….


Audi, FAW Joint Venture To Produce Electric Vehicles In China

Audi AG (Pink: AUDVF) announced a partnership Tuesday with Chinese automotive manufacturer FAW. The two companies have signed a memorandum of understanding to establish a company for the production of ……


China auto sales jump in ‘Golden September’ as shoppers return to showrooms

China auto sales marked a sixth straight month of gain, rebounding a solid 12.8% in September as the world’s biggest vehicle market comes off lows hit during the coronavirus lockdown….


Audi to launch new electric vehicle venture with China’s FAW

German premium automaker Audi AG said on Tuesday it had signed a memorandum of understanding with China’s state-owned FAW Group to launch a venture to make premium electric vehicles (EVs). Audi has a ……


Asian shares defy Wall Street gains as China rally cools

Asian shares slipped on Tuesday, brushing off a firmer Wall Street lead as China’s post-holiday rally cooled, although a buoyant tech sector and fresh optimism about U.S. stimulus are expected to ……


China to raise $6 billion via bond issue; U.S. investors welcome for first time – sources

China is set to raise around $6 billion (4.6 billion pounds) through an international sovereign bond sale this week in which it will allow U.S.-based institutional investors to participate for the ……


Asian shares mixed as China reports faster growth in trade

Shares were mixed in Asia on Tuesday, as investors were encouraged by strong growth in China’s trade in September. An overnight rally on Wall Street, driven mainly by technology companies such as ……


China stocks fall on profit-taking, concerns over fresh virus cases

China stocks inched lower on Tuesday, on some profit taking after recent sharp gains and concerns after mainland China reported a new cluster of coronavirus infections in the eastern port city of ……


China’s stocks take a break after Monday’s rally vaulted market value past US$10 trillion as traders put Covid-19 in rear view mirror

China’s stocks declined in early trading, taking a respite after rallying by the most in three months, as investors assessed the strength of the economic recovery and the prospect of refresh US ……