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The Latest Breaking News from Shanghai

Shanghai Composite Index Rose 0.23% on Monday

Shenzhen Component Index closed up 0.18%

Caixin Global

Asian markets mostly up after solid US jobs data

Hong Kong (AFP) - Most Asian markets rose on Monday following strong US jobs data, with fresh rallies seen in Hong Kong even after China said it would stick to its strict zero-Covid policy.

AFP

Xi Jinping Repeats China’s Commitment to Opening-Up Policy

Chinese president reaffirms support for economic globalization and expansion of trade in remarks to international import expo in Shanghai

Caixin Global

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read the most diverse news in one place.

China’s stock markets jump on hopes for end to ‘zero COVID’

Shares rise more than 7 percent in Hong Kong and 2.5 percent in Shanghai after report decrying ‘overly strict measures’.

Al Jazeera

Shanghai Composite Index Rose 2.43% on Friday

Shenzhen Component Index closed up 3.2%

Caixin Global

State Railway Operator Posts Record Loss on Covid Disruptions

Red ink increases 36% for the first three quarters, and profit almost vanishes for the cash-cow high-speed Beijing-Shanghai route

Caixin Global

I spent 10 days in a secret Chinese Covid detention centre

What I learnt when I was ‘taken away’ to an island quarantine facility in the middle of the night

Financial Times

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Tesla China Engineers Go To Fremont Factory To Help Boost Production

Around 200 engineers and production staff from Tesla Shanghai, which recently achieved record production, will be coming to California, the first as early as this month.

InsideEVs

Tesla Shifts China Factory Workers To US Plant, Complete European Approval For AstraZeneca's COVID-19 Shot, Tesla Eyes Cybertruck Commercialization Next Year: Top Stories Tuesday, Nov. 1

Bloomberg Tesla Migrates Shanghai Factory Workers To Boost US Plant Production

Benzinga

Markets extend rally, China zero-Covid hopes boost Hong Kong

Hong Kong (AFP) - Asian and European markets rose again Tuesday, building on the strong start to the week as traders look ahead to the Federal Reserve's policy decision, hoping it will signal a more dovish approach to fighting inflation.

AFP

Shanghai Disney visitors told to stay home after COVID case, Foxconn ups bonuses

Several Shanghai residents received fresh stay-at-home orders and mandatory testing notices on Tuesday as authorities raced to trace contacts linked to a COVID-positive woman whose visit to the city's Disney Resort prompted its temporary lockdown.

Reuters

Shanghai Disney guests kept in closed park for virus testing

Shanghai Disneyland has closed as a COVID-19 precaution and visitors temporarily kept in the park for virus testing

The Independent UK

Shanghai Disneyland 'locks panicked guests inside park' after new Covid outbreak

The closure marks the latest disruption for the Shanghai Disney Resort, which was shut for over three months during Shanghai's lockdown earlier this year

Daily Mirror

Shanghai Disney visitors trapped following sudden Covid-19 lockdown

Shanghai authorities said they were barring people from entering or exiting and that all visitors will need to wait for the results of their Covid tests before they can leave

Evening Standard

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The Guardian - UK

Visitors trapped in Shanghai’s Disney resort after lockdown announced

Videos appear to show guests rushing to locked gates as strict Covid restrictions return across China

AFP

Covid outbreak traps visitors at Shanghai Disneyland

Beijing (AFP) - Shanghai Disney Resort abruptly shut its doors Monday as Chinese authorities imposed a snap lockdown, trapping guests who are not permitted to leave until they test negative for Covid-19.

Reuters

China COVID curbs hit iPhone output, shut Shanghai Disney

China's COVID-19 curbs forced the temporary closure of Disney's Shanghai resort on Monday, while production of Apple Inc iPhones at a major contract manufacturing facility could drop by 30% in November due to coronavirus restrictions, a source told Reuters.

Caixin Global

Shanghai Composite Index Fell 0.77% on Monday

Shenzhen Component Index finished nearly flat

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WEKU

Shanghai Disney Resort will close indefinitely starting on Halloween due to COVID-19

Shanghai Disney Resort, which includes Shanghai Disneyland, shopping and dining facilities, will be closed indefinitely starting on Halloween due to the coronavirus pandemic.

ABC News

China's war on COVID-19 spurs expat exodus, but lockdowns are only part of the story

Pandemic measures are only part of the reason foreigners are leaving China in droves. Many believe the spirit of openness that underpinned China's economic rise could be in terminal decline.

Reuters

Shanghai Disneyland reduces operations as China tightens COVID curbs

Shanghai Disneyland will operate at reduced capacity from Saturday to comply with COVID-19 measures, the resort said in a statement, in another sign of tightening curbs across China as it seeks to contain the spread of coronavirus infections.

Bangkok Post

China rolls out first inhalable Covid vaccine

SHANGHAI: In what is believed to be a world first, Shanghai this week introduced a new type of Covid-19 vaccine that is inhaled rather than administered via injection.

The Independent UK

Shanghai district orders mass COVID-19 testing, lockdown

China's largest city of Shanghai is ordering mass testing on all 1.3 million residents of its downtown Yangpu district and confining them to their homes at least until results are known

The Independent UK

China launches a COVID-19 vaccine inhaled through the mouth

The Chinese city of Shanghai has started administering an inhalable COVID-19 vaccine in what appears to be a world first

AFP

Hong Kong, Shanghai fall again on China worries as other markets mixed

Hong Kong (AFP) - Hong Kong and Shanghai stocks saw big swings Tuesday following the previous day's rout after Xi Jinping tightened his grip on power in China, while other markets fought to maintain a rally fuelled by hopes of a less hawkish Federal Reserve.

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