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The Latest Breaking News from Shanghai

Shanghai’s Former Chief Prosecutor Pleads Guilty in $6.6 Million Bribery Case

Zhang Bencai, also the ex-head of the General Office of the Supreme People’s Procuratorate, took kickbacks in exchange for business and job-related favors

Caixin Global

Shanghai Composite Index Rose 0.43% on Friday

Shenzhen Component Index closed up 0.44%

Caixin Global

Ex-Boss of Taiping Life Falls Under Graft Investigation

Zhang Ke, who helped quadruple the insurer’s revenue before leaving in 2020, taken away by authorities in Shanghai

Caixin Global

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Can China Restore Confidence in its Stock Market?

China’s Shanghai Composite ($CHSC ) fell to an 8-month low today and has given up all of this year’s gains. After the Shanghai Stock Index rallied to a 13-month high in May, China’s post-Covid recovery faltered, and its property debt crisis worsened, which weighed on economic growth and undercut stock...

Barchart

BRICS Bank Eyes Cutting Dollar Reliance With Local Currency Loans

A deliberate attempt by the Shanghai-based New Development Bank to reduce dependency on the US is to offer loans.

Zenger

Tesla To Resume Phase 1 Battery Production In China For Model 3 Facelift: Report

Battery production at phase one of the battery facilities at Tesla's Gigafactory Shanghai is the oldest and features a low degree of automation.

InsideEVs

Shanghai Composite Index Rose 0.88% on Tuesday

Shenzhen Component Index closed up 0.53%

Caixin Global

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Covered Cars Spotted At Giga Shanghai: Tesla Model 3 Highland?

A fleet of mysterious fully covered cars is growing at Tesla's Gigafactory Shanghai, and chances are the vehicles are facelifted Model 3s, aka Project Highland.

InsideEVs

Shanghai Composite Index Fell 1.24% on Monday

Shenzhen Component Index closed down 1.32%

Caixin Global

Inside the travelling exhibition celebrating 125 years of luggage brand Rimowa

From celebrity suitcases to rare special editions, Rimowa’s ‘Seit 1898’ exhibition catalogues over a century of the German luggage brand, making stops in Tokyo, New York, Shanghai and Cologne

Wallpaper

Shanghai Composite Index Rose 0.43% on Thursday

Shenzhen Component Index closed up 0.61%

Caixin Global

Shanghai Composite Index Fell 0.82% on Wednesday

Shenzhen Component Index closed down 0.94%

Caixin Global

Shanghai Composite Index Fell 0.34% on Monday

Shenzhen Component Index closed down 0.5%

Caixin Global

Shanghai city guide: Where to stay, eat, drink and shop in China’s gleaming metropolis

From old school to ultra modern, soups to skyscrapers, Chris Beanland finds that visitors will never be lost for things to do and see in one of the world’s largest cities

The Independent UK

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Tom’s Hardware

Intel and Lenovo Develop Future of PCs in Shanghai

Intel and Lenovo team up to advance laptops hardware and software in Shanghai.

WEKU

Where did 20,000 Jews hide from the Holocaust? In Shanghai

An exhibit in New York explores a little-known chapter of World War II.

Caixin Global

Morgan Stanley Targeted for Shanghai Compliance Inspection

CSRC picks American securities unit and Changjiang Finance Services for random on-site governance and business reviews

Tom’s Hardware

Chinese Firm's 'Breakthrough' 28nm Chipmaking Tool to Debut Soon: Report

Shanghai Micro Electronics Equipment Group could start selling a 28nm-capable lithography tool by end of 2023.

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Caixin Global

Shanghai Composite Index Fell 0.89% on Wednesday

Shenzhen Component Index closed down 0.35%

Caixin Global

Shanghai Lawmaker Booted From Top Legislature Following Graft Probe

Dong Yunhu, placed under investigation last month, is the first representative to be publicly removed from the 14th National People’s Congress, whose members were confirmed in February

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed down 0.36%

The Guardian - AU

Australian businessman ‘in survival mode’ when he placated Chinese intelligence with open-source information, documents claim

Federal police statement of facts tendered to court say Alexander Csergo was in ‘an enhanced state of paranoia’ about being detained in Shanghai

InsideEVs

Tesla Rolls Out One EV Every 40 Seconds At Gigafactory Shanghai

The Tesla Gigafactory Shanghai can roll out one EV every 40 seconds, said a production line worker in a Twitter video.

Caixin Global

Shanghai Composite Index Fell 0.92% on Thursday

Shenzhen Component Index closed down 1.06%

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Wednesday

Shenzhen Component Index closed down 0.37%

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