Friday, April 24th
FT
The financial report of Unilever， pandemic has changed the way people live. Hair products and soap were impacted. But house cleaning products were booming.
Cov-19 4.4miilion American filed unemployment aid. Which made a total application of 26m, a number surpassed all employment created after the economic crisis.
Today, Tesla raised its product price for Chinese-made electric cars.
Investors rush toward the South Korean market as the Cov-19 battle earned a stable environment. Reuters
Remidsivir was suspended its testing.
Trump suspended immigration for 90 days amid the pandemic.
FMC will increase 30million’s donation for WHO. NYT and Caixin.
America has reached 890 thousand cases in Cov-19,
Local News from Shenzhen Daily.
A ferry route connecting Shenzhen’s Qianhai & Shekou Free Trade Area with Hengqin in Zhuhai will be launched on May 1st.
Shenzhen confirmed no new COVID-19 case yesterday with five more patients discharged from the hospital after recovery.
Shenzhen’s senior high school entrance examination will be postponed by one month to July 20 and 21 due to the COVID-19 outbreak.
23 Apr 2020
Bayside Daily 前海湾日报 04232020
28people found positive for COv-19 on a plane between Moscow and Xi’an raising domestic concerns for the Russian pandemic situation.
Huawei’s first-quarter revenues have rapidly slowed down due to fewer purchases in the domestic market, but also due to the regulations in the American market. The Q1 revenue is 25 billion yuan with a growth of only 1.4%, WSJ.
The outlook of self-developed Chips is also uncertain, but is said to be improving it’s investments. The input of investment for tech growth will be 5% this year and 22% next year, according to WSJ. Both are higher than the average of the world, but the biggest concern for the chip industry is still geo-politics concerns.
Japan preps the first subsidy to the company moving production out of, as Iris Ohyama, the Japanese brand producing everyday goods preparing to shift its factories, but experts warn that it wouldn’t be easy for most companies. According to Japan times. Mobile released its report for March. Its 5G customers are rapidly increasing by half a million each day- while it’s total customer numbers in the 4G market has also increased by 4.1 million this month.
As we covered KFC’s plant-based chicken yesterday- Beyond meat would starting to supply the Starbucks store in this week on Wednesday, selling plant-based beef. Beyond Meat is a food company from LA, and this is aiming at grabbing an opportunity of a reboot in economic recovery.
Here are some random news from the markets from Ifanr.com. The next AirPods is said to be having no noise-canceling- and Xiaomi would release its cheap version of Mi10. Samsung would spend investment for a new photo lens, and one of Baidu’s executive was caught in corruption issues. Also the movie Batman was held on for release for later this year.
22 Apr 2020
Bayside Daily 前海湾日报 0422/2020
Apple released iPhone SE while factories in China begins normal production routine, store reopen.
Alibaba Invest 28 billion into Cloud Service as demand boost
KFC will start selling plant-based Fried Chicken in China.
China’s central bank would start testing digital currency in four cities including Shenzhen. Hong Kong Employment his highest in more than nine years, which leads to a pessimistic future amid the pandemic.
Pork Price expected to rise to highest around September
Corona Virus update:
Shenzhen reports no new cases.
New improvements in the Cov-19 vaccine from the Chinese Medical Team on April 20th. Led by Prof Qing, Chuan, from Chinese Academy of Medical Sciences. According to Caixin’s Report.
The research team of Remdsivir suspended as not enough patience left in Mainland China,
Also, America is improving its medical capacity in diagnosing new cases.
Argentina Widens Coronavirus Aid Package to $12.9 Billion as formal negotiation begins to save the country’s economy.
Stock Market in America yesterday dropped 2 percent.
In these extremely tough times, We’d like to cheers out to all of you for being the best.
21 Apr 2020
Bayside Daily 前海湾日报 04212020
News, Finance, Daily stuff living in Shenzhen.
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