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The Latest Breaking News from Shenzhen

Shanghai Composite Index Fell 0.77% on Monday

Shenzhen Component Index finished nearly flat

Caixin Global

Rising Lithium Prices Lift Ganfeng and Tianqi – But Not Equally

Key Takeaways: Tianqi and Ganfeng have issued major upside profit alerts, both boosted by surging prices for lithium that is their core product Despite the big profit gains, investors are more bullish on Tianqi as the company bounces back from a debt crisis two years ago By Doug Young

Benzinga

US puts Chinese drone giant DJI on military ties blacklist

Shenzhen-based firm is among 13 Chinese companies added to list that clears way for sanctions.

Al Jazeera

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Lepu Biopharma Marches Towards First Sales as Costs Mount

Key Takeaways: Lepu Biopharma will incur more operational costs as it builds up its production capacity and sales and marketing teams to commercialize its first approved product The company’s stock surged after it said it would list on Shanghai’s STAR Market and be included in the Shenzhen-Hong Kong Stock Connect…

Benzinga

Falling IPO Star: Hong Kong Tipped to Lose Top-Three Ranking Again

Key Takeaways: As of the third quarter of this year, the world’s top three IPO capital raisers were the Shanghai Stock Exchange, the Shenzhen Stock Exchange and the Korea Exchange, with Hong Kong lagging in fourth place

Benzinga

China Cashes In: Energy Companies Reroute US LNG Tankers For Profit

Since late August, China's strict zero-covid policy led to a full or partial lockdown of more than 70 cities. As a result, the demand for energy has fallen. What Happened: Shenzhen, one of the world's busiest container port cities, continues to experience lockdowns.

Benzinga

For many weary Chinese, lockdown dread trumps fear of COVID

When COVID-19 case numbers started ticking up in the southern Chinese city of Shenzhen last week, Robin Chen got in his car and fled to nearby Huizhou.

Reuters

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China's Shenzhen eases weekend COVID lockdown but some curbs remain

China's Shenzhen moved away on Monday from a weekend COVID-19 lockdown covering most parts of the city as new infections showed signs of stabilising in its latest outbreak, while entertainment venues and large events remained suspended.

Reuters

China's Shenzhen to adopt tiered COVID measures; Chengdu extends lockdown

China's southern tech hub of Shenzhen said it will adopt tiered anti-virus restriction measures starting on Monday, while the southwestern metropolis of Chengdu announced an extension of lockdown curbs, as the country grapples with fresh outbreaks.

Reuters

Shenzhen placed under Covid lockdown

SHENZHEN, China: Most residents of the Chinese tech hub of Shenzhen went into a weekend lockdown on Saturday as mass Covid-19 testing kicked off across the city of 18 million just over the border from Hong Kong.

Bangkok Post

Shenzhen districts locked down as China battles COVID outbreaks

Most residents of the Chinese tech hub of Shenzhen went into a weekend lockdown on Saturday as mass COVID-19 testing kicked off in much of the city of 18 million people.

Reuters

Daily PCR tests in China’s Shenzhen as zero-Covid policy continues

While a growing number of countries are dropping regulations for the Covid-19 pandemic, most regions in China are still imposing strict quarantine and testing policies, despite public complaints. In southern Guangdong province, the preventive measures are stringent, and a recent outage of the province’s Covid pass in the industrial city…

France 24

Shenzhen shuts most public transport as China battles multiple outbreaks

The main districts of Chinese tech hub Shenzhen shut down public transport and extended curbs on public activities on Friday as cities across China battled COVID-19 outbreaks that have dampened the outlook for economic recovery.

Reuters

China's Shenzhen widens COVID restrictions as cases rise

The southern Chinese tech hub Shenzhen tightened COVID curbs as cases continued to mount on Thursday, with large events and indoor entertainment suspended for three days in the city's most populous district, Baoan.

Reuters

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Al Jazeera

Hong Kong leader cancels China trip in blow to reopening hopes

John Lee had been due to visit Shenzhen and Guangzhou to discuss ways to resume travel with the Chinese mainland.

The Guardian - AU

China places millions into Covid lockdown again as economy continues to struggle

Key cities of Shenzhen, Guangzhou and Dalian are under curbs again, amid protests and data showing factory slowdown

Reuters

China's Guangzhou, Shenzhen tighten COVID curbs as parts of north join in

Parts of China's southern city of Guangzhou imposed COVID-19 curbs on Wednesday, joining the tech hub of Shenzhen in battling flare-ups, fuelling uncertainty over commerce and daily life in two of the region's most economically vibrant metropolises.

Reuters

China's big cities, from Dalian to Shenzhen, ramp up COVID curbs

Several of China's biggest cities imposed tougher COVID-19 curbs on Tuesday, further crimping the activities of tens of millions, and sparking fresh concerns for the health of a barely growing economy.

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Reuters

China's Shenzhen shuts electronics market to fight COVID outbreak

Authorities in China's southern city of Shenzhen shut the world's largest electronics market of Huaqiangbei and suspended service at 24 subway stations on Monday in a bid to curb an outbreak of COVID-19.

Reuters

Macau to suspend ferry services with Shenzhen in China

Ferry services between Macau and the southern Chinese city of Shenzhen will be suspended from Aug. 12, Macau's government said on Thursday, due to measures to curb COVID-19 infections, just days after it had been relaxed.

Asharq Al-Awsat

Kyrgios, Nishioka Advance to ATP Washington Final

Japan's Yoshihito Nishioka upset eighth-ranked Andrey Rublev on Saturday to join Wimbledon runner-up Nick Kyrgios in reaching the ATP and WTA Washington Open men's final with straight-set triumphs. Left-hander Nishioka, ranked 96th, outclassed top seed Rublev 6-3, 6-4 in 80 minutes to book his first ATP final since 2020 at…

Al Jazeera

China’s BYD was written off by Elon Musk. Now it’s beating Tesla

Shenzhen-based electric carmaker sold more than 641,000 vehicles in the first half of 2022.

The Times of India

Wuhan locks down 1 million residents in echo of Covid’s start

BEIJING: A district on the outskirts of Wuhan has been locked down, the first time the Chinese city that saw the world’s first Covid-19 lockdown has imposed such a measure since 2020, underscoring how far the country is from post-pandemic normalcy.

Reuters

China's Shenzhen reports 7 symptomatic, 13 asymptomatic COVID cases for July 21

China's southern technology hub of Shenzhen reported 20 new locally transmitted COVID-19 infections on Thursday, down from 22 a day earlier, official data showed on Friday.

Reuters

China's Shenzhen reports 19 new local COVID cases on July 19 vs 8 a day earlier

China's southern technology hub of Shenzhen reported 19 new locally transmitted COVID-19 infections on Tuesday, up from eight a day earlier, official data showed on Wednesday.

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