Shanghai

Shanghai's residents are preserving memories of their strict COVID-19 lockdown by minting videos, photos, and artworks as NFTs (non fungible tokens) while skirting Chinese censors, according to a Reuters report.  What Happened: The global financial hub’s 25 million...

Tesla Inc. (NASDAQ: TSLA) is reportedly restarting production at its Giga Shanghai factory, which was shuttered for a record duration amid the COVID resurgence in China. Against this backdrop, analysts and fund managers have begun reworking their Tesla models to include the potential impact....

An international theme park is closing temporarily due to a surge in COVID-19 cases. Here’s a look at what the move could mean for The Walt Disney Co (NYSE: DIS). What Happened: Shanghai Disneyland Resort is temporarily closing due to a surge in COVID-19 cases in China. Shanghai is one of...

Key Takeaways: BeiGene will become the world’s first stock to be simultaneously listed in the U.S., Hong Kong and on one of China’s A-share markets Some analysts believe that a strong valuation for BeiGene’s new A-share listing could help to boost its stock price in the U.S. and...

Lenovo Group Limited (OTC: LNVGY) saw its share price drop as much as 17% in Hong Kong on Monday after the company announced that it would withdraw its RMB 10 billion (approximately $1.5 billion) application to the Shanghai Star Market.  What Happened: According to a report from The...

Tesla Inc.'s (NASDAQ: TSLA) Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, Reuters reports, citing unidentified sources.  What Happened: According to the report, the plant has seen a delivery rush at the end of the July-...

Multiple logistics companies are reporting that authorities have suspended operations in a major warehouse at Shanghai Pudong International Airport because of a COVID outbreak, putting a halt to most freighter activity at China's largest cargo airport.  The timing of the closure throws another...

Tesla Inc (NASDAQ: TSLA) is increasing deliveries every quarter. Production of the mass-market Model 3 and Model Y are ramping up in Shanghai, and the vehicles will soon be built at Gigafactory Texas and Gigafactory Berlin, as well. During a drone flyover, Twitter user @bentv_sh...

The 19th Shanghai International Automobile Industry Exhibition, named Auto Shanghai 2021, starts next week at the National Exhibition and Convention Center. The event is open to the press on Monday and Tuesday, then to the public April 21-28. The theme for the year's event is "...

As Tesla Inc (NASDAQ: TSLA) grows in popularity, it is building factories across the world to meet demand. Not too long ago all Tesla vehicles in the world came out of the Fremont factory in California. Now Tesla has ramped up production in Gigafactory Shanghai, and can use that factor to...

Tesla Inc. (NASDAQ: TSLA) Vice President of Business Development Robin Ren has departed the company, Electrek reported late Tuesday. What Happened Ren had been with Tesla since June 2015, according to his LinkedIn profile. He confirmed his departure from the electric vehicles maker on LinkedIn...

Delta Air Lines (NYSE: DAL) said it will increase its passenger freighter flights from Seoul, South Korea, to Atlanta and Los Angeles to daily service beginning May 13 in response to continued growth in demand to transport medical supplies and other products from Asia to the U.S. In March,...

Tesla Inc. (NASDAQ: TSLA) shares added 17% in the regular session and the after-hours session on Monday to trade significantly above the $600 mark. Automaker Outperforms Wider Market The sharp surge came as the wider market saw a slump. The S&P 500 Index closed 1% lower at 2761.6, Dow Jones...

Panasonic Corporation (OTC: PCRFY) has no plans to make car batteries for Tesla Inc (NASDAQ: TSLA) at its new Shanghai plant, the company’s President Kazuhiro Tsuga said on Friday, as reported by The Nikkei. The electric vehicle maker Tesla will have to either use the batteries...

Tesla Inc (NASDAQ: TSLA) will begin production of its China Gigafactory 3 in the second half of 2019, according to a Reuters report. What Happened The Shanghai mayor has urged Tesla to hasten construction on the 200-acre site, and his office assured that ground preparation was nearly complete. The...