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The Latest Breaking News from Shenzhen

Shanghai Composite Index Fell 2.26% on Thursday

Shenzhen Component Index closed down 2.7%

Caixin Global

Shanghai Composite Index Fell 1.35% on Wednesday

Shenzhen Component Index closed down 2.07%

Caixin Global

How Netgear's Revenue Revision Will Affect Broadcom, Qualcomm And Others

Today, Netgear Inc (NASDAQ:NTGR) slashed its 1Q revenue outlook by 11% to $207 million at the midpoint from $232 million prior. The revision reflected, "The U.S. consumer WiFi market, which had exited 2021 at ~15% above 2019 levels, declined in the first quarter of 2022, ending roughly flat to 2019 levels. The decline in…

Benzinga

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Titanium Miner LB Group Seeks to Shine in Hong Kong IPO Raising up to $1.5 Billion

Key Takeaways: LB Group has filed for a Hong Kong IPO to raise up to $1.5 billion, aiming to consolidate its place as Asia’s leading producer of titanium dioxide pigments Listing would complement company’s existing Shenzhen A-shares, which look sharply undervalued compared with industry peers By Andrew Curran

Benzinga

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed down 0.5%

Caixin Global

AIM Puts mRNA Covid Vaccine in Investor Crosshairs With New IPO Attempt

Key takeaways: Vaccine maker AIM has filed for an IPO in Hong Kong, following unsuccessful previous bids in Hong Kong and on Shenzhen’s ChiNext board The company has three Covid vaccines under development, including an mRNA vaccine expected to hit the market in the fourth quarter By Fai Pui

Benzinga

Shanghai Composite Index Fell 0.49% on Monday

Shenzhen Component Index closed up 0.37%

Caixin Global

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China Economy Grows 4.8% in 1st Quarter as Virus Bites

China's economy grew 4.8 percent in the first quarter, the National Bureau of Statistics said Monday, warning of "significant challenges" ahead as a resurgence of the coronavirus threatens Beijing's ambitious annual target. The world's second-biggest economy was already losing steam in the latter half of last year with a property…

Asharq Al-Awsat

Shanghai Composite Index Fell 0.45% on Friday

Shenzhen Component Index closed down 0.56%

Caixin Global

Covid Concerns Leave More Shenzhen Office Space Empty

About 77.8% of top class office space in the southern tech hub was leased at the end of March, a decline of 2.9 percentage points from the end of last year

Caixin Global

Shanghai Composite Index Rose 1.22% on Thursday

Shenzhen Component Index closed up 1.27%

Caixin Global

How China's Zero-COVID Policy Is Taking A Toll On Its Economy

The more contagious omicron strain of COVID-19 is testing China’s zero-tolerance COVID-19 policy and while many signs underscore the strategy’s adverse impact on the country’s economic recovery, Beijing continues to stick to it, dismissing suggestions that China should learn to live with the virus as other nations do.

Benzinga

Shanghai Composite Index Fell 0.82% on Wednesday

Shenzhen Component Index closed down 1.6%

Caixin Global

Shanghai Composite Index Rose 1.46% on Tuesday

Shenzhen Component Index closed up 2.05%

Caixin Global

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news in one place.

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Benzinga

Here's How This Key Nio Supplier Looks To Tide Through China's Covid Crisis

Critical NIO Inc (NYSE:NIO) supplier Contemporary Amperex Technology Co. Ltd has implemented a closed-loop for workers at its main China factory in China, Bloomberg reports. The closed-loop helped the leading EV battery maker avoid the kind of Covid-19 shutdowns which are hurting Tesla Inc (NASDAQ:TSLA) and Volkswagen AG (OTC:VWAGY). Also Read: Apple's Key Supplier Resumes Partial Operation At Shenzhen Campuses CATL looked…

Caixin Global

Shanghai Composite Index Fell 2.61% on Monday

Shenzhen Component Index closed down 3.67%

Caixin Global

Shanghai Composite Index Rose 0.47% on Friday

Shenzhen Component Index closed down 0.11%

Caixin Global

Shanghai Composite Index Fell 1.42% on Thursday

Shenzhen Component Index closed down 1.65%

Get all your
news in one place.

100's of premium titles.
One news app.

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Wednesday

Shenzhen Component Index closed down 0.45%

Caixin Global

Shanghai Composite Index Rose 0.94% on Friday

Shenzhen Component Index closed up 0.91%

Caixin Global

Shanghai Composite Index Fell 0.44% on Thursday

Shenzhen Component Index closed down 1.19%

Benzinga

Here's How Arm Looks To Speed Up Its US IPO

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF)-owned Arm Ltd, looks to transfer shares in its China joint venture to a SoftBank special purpose vehicle to speed up its U.S. IPO, the Financial Times reports. SoftBank will hold 28% of Arm China after the transfer, Bloomberg reports. Arm will hold less than 20% of Arm China and treat it…

Caixin Global

Shanghai Composite Index Rose 1.96% on Wednesday

Shenzhen Component Index closed up 3.1%

Benzinga

Huawei's 2021 Annual Report Shows Sales Plunge While Profits Sore, Despite US Crackdown

Chinese giant telecom equipment maker Huawei released its 2021 annual report on Monday revealing that sales fell but profit rose. Chief financial officer Meng Wanzhou, appeared at a press conference in Shenzhen to announce the company’s annual results for the first time since being held in Canada in 2018.

Caixin Global

Shanghai Composite Index Fell 0.33% on Tuesday

Shenzhen Component Index closed down 0.46%

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