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The Latest Breaking News from Shanghai

Beijing extends work-from-home 'requirement' for millions as COVID spreads

The Chinese capital extended its work-from-home requirement for many of its 22 million residents to stem a COVID-19 outbreak, while Shanghai deployed more testing and curbs to hold on to its hard-won "zero COVID" status after two months of lockdown.

Reuters

Time to move on from Zero Covid

It's finally time for Shanghai residents to breathe easier and feel a greater sense of freedom. After nearly two months of lockdown, the commercial hub of 25 million started to allow more people to go out to buy groceries for the first time last Thursday after a fifth straight day…

Bangkok Post

Shanghai reopens some public transport, still on high COVID alert

Shanghai reopened a small part of the world's longest subway system on Sunday after some lines had been closed for almost two months, as the city paves the way for a more complete lifting of its painful COVID-19 lockdown next week.

Reuters

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Shanghai district to require all shops to shut, residents to stay home

Shanghai's central Jingan district, a key commercial area of the Chinese financial hub, said on Saturday it will require all supermarkets and shops to shut and residents to stay home until at least Tuesday.

Reuters

Parents fear they'll be forced to leave baby girl in China after passport delay

The couple had their hopes dashed when Shanghai went into lockdown in April to curb a new wave of coronavirus infections and postal services were suspended

Daily Mirror

Shanghai makes way towards COVID lockdown exit, Beijing plays defence

Shanghai cautiously pushed ahead on Saturday with plans to restore part of its transport network in a major step towards exiting a weeks-long COVID-19 lockdown, while Beijing kept up its defences in an outbreak that has persisted for a month.

Reuters

As Omicron Subsides, Dada Nexus Could Be Riding Into E-Commerce Gilded Era

Key takeaways: • Dada Nexus’ revenue grew strongly in the first quarter, after excluding the impact of a change to the way it pays riders for certain delivery services

Benzinga

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Shanghai Starts Lifting Lockdown: What Is Tesla Going To Do With Its Employees?

Shanghai is emerging out of a six-week lockdown, although the easing of restrictions is being implemented gradually. Tesla Inc (NASDAQ: TSLA) has planned to take a measured approach with respect to Giga Shanghai reopening, according to a report.

Benzinga

CanSino Shares Jump After WHO Gives Nod to Its Covid-19 Vaccine

Tianjin-based company’s stock closes up 12.14% in Shanghai and 9.78% in Hong Kong

Caixin Global

Shanghai Composite Index Rose 1.6% on Friday

Shenzhen Component Index closed up 1.82%

Caixin Global

Locked-down Shanghai finds new cases, breaking "zero COVID" streak

Shanghai announced its first new COVID-19 cases outside quarantined areas in five days on Friday and imposed stricter curbs in two districts, but did not signal any change to the planned end of a prolonged city-wide lockdown on June 1.

Reuters

Non-urgent elective procedures delayed in Queensland amid dye shortage caused by China's COVID-19 lockdown in Shanghai

COVID lockdowns in Shanghai spark a world wide shortage of contrast dyes used in CT scans, with Queensland Health announcing some non-urgent elective procedures will be postponed.

ABC News

China's international schools hit by exodus of teachers dejected by COVID curbs

After teaching for three years at an international school in Shanghai, Michael is preparing to break his contract and leave, worn down by stringent measures against the coronavirus.

Reuters

Shanghai Authorities Say Normal Life Might Resume in Mid-June. COVID Lockdown Started in March.

China's "COVID zero" policy looks a lot like house arrest for Shanghai's 25 million residents who are only just now beginning to experience glimmers of freedom.

Reason

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Benzinga

Yan Palace Flocks To Shanghai As China's First Bird's Nest Stock

Key Takeaways: Yan Palace has filed for a Shanghai IPO that would make it the first listed maker of health food products based on traditional bird nests

Evening Standard

Shanghai to reopen subways in slow easing of Covid lockdown

Shanghai has taken steps to begin easing its draconian lockdown, including by opening four of its subway lines on Sunday.

WEKU

Shanghai is expected to reopen some subways as it eases COVID restrictions

The lockdown of China's largest city has dealt a blow to the economy and frustrated residents.

Caixin Global

Shanghai Composite Index Rose 0.36% on Thursday

Shenzhen Component Index closed up 0.37%

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The Independent UK

Shanghai to reopen subways in easing of COVID restrictions

The locked-down Chinese metropolis of Shanghai will reopen four of its 20 subway lines Sunday as it slowly eases pandemic restrictions that have kept most residents in their housing complexes for more than six weeks

Asharq Al-Awsat

Oil Prices Recoup Early Losses on China Hopes, Global Supply Fears

Oil prices rose on Thursday, recovering from early losses, on hopes that planned easing of restrictions in Shanghai could improve fuel demand while lingering concerns over tight global supplies outweighed fears of slower economic growth. Brent crude futures for July were up $1.53, or 1.4%, at $110.64 a barrel at…

Reuters

Some in Shanghai allowed out to shop; end of COVID lockdown in sight

More Shanghai residents were given the freedom to go out to shop for groceries for the first time in nearly two months on Thursday as authorities set out more plans for exiting the city-wide COVID-19 lockdown more fully.

Reuters

More work to resume in Shanghai's zero-COVID areas from June

The COVID-19-hit financial hub of Shanghai will start to allow more businesses in zero-COVID areas to resume normal operations from the beginning of June, a deputy mayor said on Thursday as the city looks forward to the end of lockdown.

The Guardian - AU

Photographer Luo Yang captures rare glimpse of China’s ‘brave and free’ youth

The Shanghai-based photographer Luo Yang has been documenting Chinese youth for more than a decade

Daily Record

Lanarkshire graduates prepare to showcase their trade skills as they compete in China

The pair are part of the 39-strong Team UK travelling to Shanghai in October.

Asharq Al-Awsat

Oil Prices Edge Up on China Demand Recovery Expectations, Tight Stocks

Oil prices edged up on Wednesday on expectations that easing COVID-19 restrictions in China will push up demand and as industry data showed drawdowns in US crude inventories. Brent crude was up 23 cents, or 0.2%, at $112.16 a barrel at 0633 GMT, while US West Texas Intermediate (WTI) crude…

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