Category: Shanghai News

China tourism rebounds over Golden Week but still below last year

SHANGHAI/BEIJING (Reuters) – Domestic tourism in China saw a robust rebound over the just-ended Golden Week holiday, encouraged by the country’s success in stamping out the novel coronavirus, although ……


Asia trades generally flat, Shanghai rises following 8-day break

Asia trades generally flat, Shanghai rises following 8-day break; CNH supported by stronger than expected yuan fix; US equity FUTs extend gains. General Trend ……


China funds targeting Ant IPO rake in $9 billion from over 10 million investors

Five newly launched Chinese funds targeting Ant Group’s upcoming mega stock listing raised 60 billion yuan ($8.93 billion) cumulatively from more than 10 million retail investors, selling out within ……


China stocks jump after holiday break on recovery signs

China shares jumped on Friday as mainland markets reopened after an extended national holiday, with investors taking reassurance from positive economic data and indications of a rebound in tourism and ……


Mainland China reports 21 new COVID-19 cases vs 11 a day earlier

Mainland China reported 21 new COVID-19 cases on Oct. 8, up from 11 a day earlier, the country’s national health authority said on Friday….


Higher Open Predicted For China Stock Market

the China stock market had finished lower in four of five trading days. The Shanghai Composite Index now sits just beneath the 3,220-point plateau although it’s tipped to open higher upon its ……


Songjiang Tram Network, Shanghai

The Songjiang Tram Network is a light rail transit system under development in Songjiang District, south-west of Shanghai, China. Songjiang Tram Network’s first section was inaugurated in December ……


Singapore’s GIC plans to invest over $1b in China’s Ant Group

Singapore’s sovereign wealth fund GIC plans to invest more than US$1 billion in Ant Group’s mega initial public offering as early investors look for a bigger slice of the Chinese payments behemoth, ……


Henry Kissinger: US and China tensions reaching escalations that led to World War I

He helped open up trade with the country and laid the groundwork for Nixon’s historic weeklong visit to Beijing, Hangzhou, and Shanghai in 1972. Kissinger said the reasoning for opening relations with ……


Voodoo to release mobile games in China through The9

French hypercasual mobile game maker Voodoo will soon see its games published in China, thanks to Shanghai-based developer and publisher The9. According to the company’s website, The9 has obtained ……