E-commerce giants Alibaba, JD.com, and Meituan all closed up more than 15% while the Hang Seng Tech index climbed more than 10%.
Concern about rate hikes and war in Ukraine spurred investors to withdraw $15.2 billion, the biggest weekly amount since December 15, according to Refinitiv-Lipper data.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Strict Covid lockdown measures halted production in key factories. The banking regulator says it will step up support to help restart production.
Some local developers are heeding Beijing's call and moving to asset-light businesses such as property services and commercial real estate to cut reliance on a high-debt, high-turnover model
Stocks fell on most Asian markets on Monday amid continued concerns over rate hikes and China's slowing economy.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Dozens of big brands have temporarily shuttered operations or exited the country since Russia sent tens of thousands of troops into Ukraine on February 24 in what it calls a ‘special operation’
China Merchants Bank shares plunged the most in seven years after a report that said a bank executive was helping officials with an inquiry.
Tech companies like Paytm, food delivery outfit Zomato, online insurance broker PolicyBazaar, and online fashion seller Nykaa were amongst the biggest losers.
Vice-Premier wants local government to help key companies get back to work after weeks of lockdowns in Shanghai and other cities.
Xpeng CEO warns that if suppliers in and around Shanghai can’t resume operations and production, all of China's carmakers will have to stop production in May