Hu Yumo

Business Reporter
Finance

Shanghai shares rise over 1% on PBOC move and Premier Li's remark about investment

Investors buoyed after PBOC pumped in nearly US$9b in reverse repos and Li Keqiang said China will continue to invest in infrastructure.
Auto

Shanghai opens more public roads for testing of intelligent and connected vehicles to speed up industry development

More public roads opened will offer a larger scope for testing of ICVs and the complexity of road tests will be further improved.
Auto

AI-equipped self-driving cars purr into spotlight at WAIC

Visitors get chance to ride in them and experience the world of driverless vehicles during the three-day World Artificial Intelligence Conference which opened in Shanghai today.
Auto

China's autonomous vehicle sales set to surge to 13.5 million units in 2040

The autonomous vehicle sector sees great development potential in the coming years amid government support and rising demand.
Auto

Auto sales drop, NEVs storm ahead

The drop in auto sales was due to weak consumer demand but a bright spot in the market was electric vehicles whose sales surged nearly 50 percent in August.
Auto

China's auto finance industry has 'great potential': report

China's auto finance industry has great potential to further grow in the coming years, according to a latest report published by consultancy firm Deloitte.
Event

Israeli auto tech firms seek Chinese opportunities 

Israel aims to tap the Chinese auto market with its technologies in autonomous driving, computer vision, infotainment, connected car and cyber security.
Auto

China's auto sales set to grow modest 2 to 3 percent in 2018

Continuing lackluster market sentiment and weak sales of SUVs are slowing growth in overall auto sales this year, Japanese bank Nomura says.
Finance

Gaming industry takes a hit following tightened measures

Shanghai shares ended lower on Friday, led by declines of game operators as market sentiment was weak after China proposed for tougher measures against online gaming industry.
Finance

Shanghai shares drop 1.14% on cautious investors

Investors take a wait-and-see stance after the China Banking and Insurance Regulatory Commission vows to take action to control financial risks.
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