Shanghai reports more Covid cases as China imposes new lockdowns

A medical worker performs Covid tests on residents of a quarantined street community in Shanghai on April 4, 2022. The city has expanded lockdown measures as cases surge. Costfoto | Future Publishing | Getty Images China’s financial center Shanghai reported a new record number of symptomatic Covid-19 cases on Saturday as the country imposed new … Read more

Xpeng shares jump as EV maker joins Shenzhen-Hong Kong Stock Connect

A XPeng Motor P7 electric vehicle is displayed for sale at Wanda Plaza on May 9, 2021 in Beijing, China. VCG | Getty Images Xpeng’s Hong Kong shares have been included in a trading link to mainland China, known as the Shenzhen-Hong Kong Stock Connect. The move will allow investors based in mainland China easier … Read more

China’s Covid lockdown rules send prices higher

Freeman H. Shen, Founder, Chairman and CEO of WM Motor, speaks during Fireside Chat on Day 2 of CNBC East Tech West at LN Garden Hotel Nansha Guangzhou on November 28, 2018 in Nansha, Guangzhou, China. Dave Zhong / Getty Images for CNBC International BEIJING – Covid-related restrictions have increased production costs for Chinese electric … Read more