The Latest Breaking News from Shenzhen

Shanghai Composite Index Fell 0.13% on Wednesday

Shenzhen Component Index closed up 0.21%

Caixin Global · Jun 1, 2022

ATRenew Starts the Year Off Strong, Braces for Covid Impact

Key Takeaways: ATRenew‘s revenue rose 45.7% in the first quarter to 2.2 billion yuan as both product and service revenues recorded strong gains   Company could benefit over the longer term from the rollout of China’s first guidelines for used electronics refurbishment by the city of Shenzhen in April

Benzinga · May 31, 2022

Shanghai Composite Index Rose 1.19% on Tuesday

Shenzhen Component Index closed up 1.92%

Caixin Global · May 31, 2022

China Premier Issues Warning on Covid-hit Economy

China's premier has sounded an unusually stark warning about the world's second-largest economy, saying it must return to normal as the country's zero-Covid strategy bites into growth. China is the last major economy welded to a policy of mass testing and rapid lockdowns to eliminate virus clusters, but the strict…

Asharq Al-Awsat · May 26, 2022

Shanghai Composite Index Rose 1.19% on Wednesday

Shenzhen Component Index closed up 0.7%

Caixin Global · May 25, 2022

Shanghai Composite Index Fell 2.41% on Tuesday

Shenzhen Component Index closed down 3.34%

Caixin Global · May 24, 2022

Shanghai Composite Index Ended Nearly Flat on Monday

Shenzhen Component Index closed down 0.06%

Caixin Global · May 23, 2022

RLX Technology Clocks 29% Revenue Decline In Q1

RLX Technology Inc (NYSE:RLX) reported a first-quarter FY22 sales decline of 28.5% year-on-year to $270.4 million. The revenue decrease is primarily due to the impact of COVID-19 on the production plant in Shenzhen, which adversely affected production and shipment volume. The gross margin for the quarter contracted 770 basis points to 38.3%, and…

Benzinga · May 20, 2022

Shanghai Composite Index Rose 1.6% on Friday

Shenzhen Component Index closed up 1.82%

Caixin Global · May 20, 2022

Shanghai Composite Index Rose 0.36% on Thursday

Shenzhen Component Index closed up 0.37%

Caixin Global · May 19, 2022