The Latest Breaking News from Shanghai

Tesla has made it official that Giga Shanghai is its main export hub, and this video gives us an idea of how the situation is unfolding for Q1 2022.

Key takeaways: Daqo New Energy will tap its China-listed subsidiary to raise funds for construction of a major new production facility in Inner Mongolia Daqo’s holdings in the China-listed unit, Xinjiang Daqo, are worth more than four times its own latest market value By Doug Young

The Fremont factory built 444,600 cars in 2021 but got surpassed by Giga Shanghai, which tripled its output last year to nearly 486,000 units.

Former Chelsea star Oscar could be set to return to Europe as Spanish giants Barcelona plot a surprise swoop for the Brazilian star - who is the fifth-highest earner in football

Euro Tech Holdings Co Ltd (NASDAQ:CLWT) has appointed board member David YL Leung as its Chief Executive Officer, effective February 1, 2022. TC Leung, the current CEO, will continue to serve as the Chairman of the board. The company noted that the transition of the CEO position had been planned for some time.…

MoffettNathanson analyst Michael Nathanson lowered the price target on Walt Disney Co (NYSE:DIS) to $165 from $175 and reiterated a Neutral rating on the shares. The price target implies an upside of 8%. Nathanson's FY22 free cash flow estimate of $1.9 billion after the Shanghai adjustment is "a significant decrease" of over 60% from his…

Shenzhen Component Index closed up 0.19%

Shenzhen Component Index closed up 1.51%