An increasing number of factories in and around Shanghai are putting a stop to production due to the ongoing Covid-19 lockdowns in the area, reports The Wall Street Journal. Analysts said Sh... Read more
China’s 30th-largest property developer, Zhenro Properties, revealed it missed interest payments on two separate offshore bonds, with the expectation of missing at least four further payment... Read more
Short-video-sharing app TikTok, which is owned by Chinese company ByteDance, is expected to triple its advertising revenues in 2022, exceeding $11 billion, reports Reuters. If achieved, this... Read more
China’s biggest offshore oil driller, CNOOC, will let investors subscribe to its up to RMB 32.3 billion ($5.1 billion) Tuesday IPO in Shanghai, reports the South China Morning Post. The stat... Read more
Regulators in China have given the go-ahead to 45 new online games after a nine-month hiatus from granting approvals, reports the Financial Times. The move is the first sign that the governm... Read more
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