Page 8 - Shanghai

Shanghai rises to become world's most connected city amid Covid-19

London has seen a 67 per cent decline in connectivity via air travel, according to The International Air Transport Association (IATA). By September 2020, it had fallen to eighth spot.

Tesla plans to produce electric car chargers in China from next year

The EV maker plans to invest 42 million yuan ($6.4 million) in a new factory in Shanghai

Shanghai airport worker gets Covid-19; 8,000 tested and 186 quarantined

Authorities in China's Shanghai have quarantined 186 people and conducted coronavirus tests on over 8,000 after a freight handler at the city's main international airport tested positive for the virus

Shanghai stock exchange suspends Ant Group's A-share IPO on its STAR Market

Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion, including the greenshoe option of the domestic leg, in a record public sale of shares

Asian indices fall as coronavirus cases surge; Wall Street declines

Stock benchmarks fell in Hong Kong, Sydney and Seoul. Tokyo was flat. Shanghai recovered from early losses to edge higher

China's Ant wins Hong Kong nod for $35 billion dual listing: Report

The move comes one month after Ant won approval from the Shanghai Stock Exchange for the domestic leg of the dual listing

Goldman Sachs joins Ant Group's up to $30 bn IPO banking syndicate: Report

Ant, backed by Chinese e-commerce giant Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai

Alibaba's Ant Group files for blockbuster Hong Kong, Shanghai dual listing

Ant's initial public offering would be the first simultaneous listing in Hong Kong and the year-old STAR Market

Jack Ma's Ant Financial plans dual IPO, targets $225 bn valuation: Report

The share sales could raise about $30 billion in total if markets are favorable, said one of the people

ByteDance eyes Hong Kong or Shanghai listing over Tiktok ban issue: Report

Of the two venues, the company prefers Hong Kong, it says

Jack Ma's Ant seeks $200 billion value in landmark dual IPO: Report

Ant is planning to list on Shanghai's STAR market & Hong Kong

SBI to ICICI Bank, here's how many Indian banks operate in China, Hong Kong

At Hong Kong, an important financial centre in Asia, Indian banks have had business operations for decades.

China reports zero coronavirus cases on 22 May for the first time

However, there were two new suspected cases: an imported one in Shanghai and locally transmitted case in the northeastern province of Jilin.

Coronavirus: China death toll now at 80; virus spreads to Beijing, Shanghai

The newly identified coronavirus has created alarm because much about it is still unknown, such as how dangerous it is and how easily it spreads between people

Tesla's China-made cars arrive in Shanghai as firm taps key market

Musk is counting on the China plant to help build on recent momentum for the company in the world's largest market both for EVs and autos

SBI (Shanghai) becomes 1st Indian bank to link up with China payment system

The CNAPS, launched in 2008 by People's Bank of China provides real-time settlement services for all payments cleared in mainland China, as well as in all clearing banks in offshore yuan centers

Shanghai's Nasdaq-style tech board to take listing applications from Mar 18

Shanghai's Nasdaq-style Science and Technology board marks a radical shift

Shanghai, the city where rich Asians pay the most for a luxury lifestyle

Shanghai has also grown more pricey on a relative basis to buy property (although Hong Kong is still most expensive in that regard), hire a lawyer or purchase watches and handbags

Shanghai to accelerate cancellation of foreign ownership limits

The announcement marked a major policy shift in the world's top car market that has capped foreign ownership in the sector at 50 per cent for over 20 years

The next financial hub

The index is based on two inputs: statistical data and a poll of finance professionals