Reprieve for Car Sales, and New U.S.-China Flights
China's car sales returned to growth in September and Delta will resume its L.A.-to-Shanghai flights after more than a three-year suspension.
PODCAST: EU Divisions on EV Tariffs, and Shanghai Seeks More Global Performers
EU nations are divided on whether to levy long-term tariffs on Chinese EVs. What's behind the divisions? And Shanghai looks to attract more global performers like Taylor Swift. What's behind the change of heart?
FAST NEWS: Kowloon Development sells interest in Shanghai project
The Latest: Kowloon Development (0034.HK) announced on Thursday that it will sell its 60% interest in land it owns in Shanghai's Yangpu district to its major shareholder Or Wai Sheun for HK$1.39 billion ($178 million). It…
FAST NEWS: WuXi AppTec Sees 65% Q2 Revenue Growth Despite Covid Disruptions
The latest: Pharmaceutical services outsourcing company WuXi AppTec Co. Ltd. (2359.HK; 603259.SH) forecast it will post yearly revenue growth of 63% to 65% in the second quarter, according to a business update released…
FAST NEWS: WuXi AppTec Q1 Profit Doubles on Strong Chemical Business
The latest: Pharmaceutical services outsourcing company WuXi AppTec Co. Ltd. (2359.HK; 603259.SH) reported its revenue rose 71.2% to 8.47 billion yuan ($1.29 billion) in the first quarter, while its operating profit rose…
FAST NEWS: Nio Halts EV Manufacturing Due to Covid Disruptions
The latest: Nio Inc. (NIO.US; 9866.HK) said on Saturday it has halted production of its electric vehicles (EV) due to supply chain disruptions, according to a Reuters report citing the…
Dental Doctor All Smiles in IPO Bid, But New Policy Could Bring Financial Toothaches
Provider of middle- to high-end dental services in China’s affluent Yangtze River Delta area has filed a second application for a Hong Kong IPO Key takeaways: Dental Doctor Medical has…
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