The Latest Breaking News from Shanghai

Millions of people in Shanghai queued for a third day of mass COVID-19 testing on Thursday as authorities in several Chinese cities scrambled to stamp out new outbreaks that have rekindled worries about growth in the world's second-largest economy.

Markets in Shanghai, Tokyo and Sydney rise after Fed meeting flags possibility of “even more restrictive stance”.

Nio Inc - ADR (NYSE: NIO) shares are trading lower by 6.40% to $20.77 Wednesday morning. Shares of Chinese companies at large are trading lower after Shanghai announced it will be conducting mass COVID-19 testing in several districts following a rise in cases.

It seems that Tesla has not only recovered production at the Giga Shanghai plant in China, but even set a new monthly record in June.

Residents of parts of Shanghai and Beijing have been ordered to undergo further rounds of COVID-19 testing following the discovery of new cases in the two cities

Tens of millions of people were under lockdown in China on Wednesday as businesses in a major tourist city were forced to shut their doors and fresh clusters sparked fears of a return to blanket restrictions. Health authorities reported over 300 infections Wednesday, with clusters found in the historic northern…

Experts say alleged leak from Shanghai police database could be among largest data breaches in history.

China is fighting nascent COVID-19 flare-ups across the country with mass testing and fresh restrictions, including in weary Shanghai where new cases have been linked to a building which houses a karaoke lounge that was operating illegally.

Shanghai has suspended operations of KTV karaoke venues in the city as it tries to stem a recent outbreak from one such location, but other recently reopened cultural venues like libraries will be allowed to stay open, a city official said.