Shanghai has announced new reform measures for the Pudong New Area to realize the goal of achieving 2 trillion yuan (0.7 billion) in GDP by the area's 35th anniversary of opening-up in 2025, official sources said on Tuesday.
Shanghai's regulation requires people to sort trash into four categories - dry garbage, wet garbage (kitchen waste), recyclables and hazardous waste. Individuals who fail to do so may be fined up to 200 yuan (.11), while companies and institutions face fines of up to 50,000 yuan.
Shanghai-listed Tongrentang dropped 2.33 percent and closed at 29.31 yuan (.25) per share in Monday's trading. The company's valuation now stands at 40.2 billion yuan.
Shares have been clipped at least 10 percent in recent trading amid fear of new coronavirus infections around the nation, including California, Florida and Texas.
Shared mobility's low costs will make an impact on weaker brands and low-end models, as they meet the customers' fundamental needs that also could be fulfilled without owning a car, according to Xu.
Shanghai-based HiSilicon, the chip arm of Huawei Technologies Co, said it has already started work, with most employees engaged in remote work. The company said it is pouring in resources to maintain normal operations while preventing its employees from getting infected by the virus.
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Several Seattle tech firms, such as Leafly, Compass, Textio and more, laid off workers.
Shanghai opened up its first road section for testing smart and connected vehicles in March 2018, and so far the roads have a combined length of 53.6 kilometers, covering 1,580 different scenarios. A total of 11 companies have received the permits from the city's authorities.
Shanghai Airlines, another wholly-owned subsidiary of China Eastern, is also scheduled to finish transferring all its flights and employees before next summer to the new airport, according to the company.
Shares in Xingrong Environment ended at 5.59 yuan (<云转化_句子>.84) per share on Friday in Shanghai stock market, down 4.85 percent from 5.81 yuan on Aug 9, the day after the quake.