Month: April 2022

Stock markets mostly retreated yesterday as a “Santa Claus rally” showed signs of fatigue amid lingering fears over the Omicron variant and uncertainty about economic prospects for 2022. COVID-19 cases have surged across the world, prompting governments to impose new measures to limit contagion while the...

TST, or Tin’s Secret, a skincare cosmetics brand founded by movie stars Lin Ruiyang and Chang Ting, responded early yesterday to a market investigation of suspicious pyramid-style marketing and sales, saying it is a company that “operates in accordance with Chinese laws.” The brand’s parent company,...

CHINA’S ride-hailing giant Didi Global plans to use a mechanism that will allow it to list shares in Hong Kong without raising capital or issuing new stock as it seeks to delist from New York, two people with knowledge of the matter said. The plans come...

Recycled coffee grounds can become a new low-carbon material for the fashion, construction and home decoration sectors thanks to their thermal insulation, bacteria resistance and deodorizing features. A local design institute launched an exhibition yesterday to show the numerous possibilities of recycled coffee grounds, especially in...

Shanghai had registered more than 3 million market entities by December 20, growing 9.2 percent from a year earlier, under the city’s continuous efforts in registration reform to spur market entities’ vitality, local market regulators said yesterday. Among the 3.1897 million market entities, 2.674 million are...

There will be no light show in the main areas along the Huangpu River during the upcoming three-day New Year holiday, authorities reminded the public yesterday. No countdown activities will be arranged in these areas on New Year’s Eve, the Shanghai Greenery and Public Sanitation Bureau...

With the New Year just around the corner, the catering industry in Shanghai is celebrating with new dishes and witnessing a booming number of reservations. The time-honored Xing Hua Lou restaurant in Huangpu District, the oldest Cantonese-style eatery in the city, has all its private dining...

The Gynecology and Obstetrics Hospital at Fudan University announced it had successfully saved a pregnant woman with a burst womb. Both the mother and newborn baby girl are now in stable condition, the hospital said yesterday. The woman, 32 weeks into pregnancy, was rushed to the...