The Latest Breaking News from Shanghai

SHANGHAI: Leaving a fine mist of disinfectant in their wake, China’s hazmat-clad health workers are cleaning homes, roads, parcels and even people — but more than two years into the pandemic, experts say it is a futile measure against Covid-19.

Shanghai was tightening its COVID-19 lockdown for what it hoped would be the final week of its battle with the virus before it could gradually begin to ease restrictions, while Beijing kept fighting its much smaller but persistent outbreak.

Can China have it both ways? Can it keep out Covid-19 and maintain robust growth in the run-up to a crucial Communist Party congress in the autumn, one that could make Xi Jinping president for life? Beijing seems to think the answer is yes as it doubles down on coronavirus…

Shenzhen Component Index closed up 0.59%

An official says Shanghai will try again to reopen in a few days after it has eliminated COVID-19 transmission among the population at large

Locked-down Shanghai aims to ringfence its COVID outbreak over the next week, officials said on Friday, while residents in China's capital Beijing largely heeded the advice of authorities to work from home to stem the virus' spread.

Volume reaches 1 million packages daily — a sixth of normal capacity — as authorities clear more services to resume after month of Covid lockdowns

Camtek Ltd (NASDAQ:CAMT) reported first-quarter FY22 revenue growth of 35% year-on-year to $77.17 million, marginally beating the consensus of $77 million. The non-GAAP gross margin expanded 130 bps to 52%. The non-GAAP operating margin expanded by 160 bps to 28.8%. Non-GAAP EPS of $0.44 missed the consensus of $0.45. The company held $428.3…

Tesla’s massive Shanghai ‘Giga-factory’ pushes its workers to the limit to meet production targets amid an ongoing pandemic lockdown