The Latest Breaking News from Shanghai

Key Takeaways: Lepu Biopharma will incur more operational costs as it builds up its production capacity and sales and marketing teams to commercialize its first approved product The company’s stock surged after it said it would list on Shanghai’s STAR Market and be included in the Shenzhen-Hong Kong Stock Connect…

Key Takeaways: As of the third quarter of this year, the world’s top three IPO capital raisers were the Shanghai Stock Exchange, the Shenzhen Stock Exchange and the Korea Exchange, with Hong Kong lagging in fourth place

Tesla just finished the China factory upgrades and is ramping up, so it makes sense that the production would stand to be capped through the rest of 2022.

As Tesla continues to prioritize production output at its Giga Shanghai, wait times have been dropping in China as it begins catching back up to demand.

Tesla has been expanding its global footprint and increasing its production capacity. Its factory in China has been a huge asset, and now it's improved.

Tesla completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies' environmental information disclosures. Tesla will test the production lines for the upgrade during From Sept. 19 to Nov. 30, the statement added. Reuters previously reported…

Shanghai reported three new domestically transmitted asymptomatic coronavirus cases for Sept. 18, up from zero a day earlier, while no local symptomatic cases were reported, the same as the previous day, the city government said on Monday.

The spotlight at China’s leadership congress next month will fall on the elite lineup installed to steer the world’s No. 2 economy. But another lesser-watched group will also advance, and an eventual successor to President Xi Jinping is likely among them.

Ninety minutes after Queen Elizabeth II died, orders for thousands of British flags started to flood into a factory south of Shanghai