Shanghai authorities allow some financial firms to resume work - sources

Shanghai authorities issued a new 'white' list containing 864 financial institutions, allowing them to resume work, three sources with direct knowledge of the matter said on Wednesday. The state-owned Shanghai Securities News reported the approval earlier on Wednesday.


Reuters | Shanghai | Updated: 18-05-2022 09:13 IST | Created: 18-05-2022 09:13 IST
Shanghai authorities allow some financial firms to resume work - sources
  • Country:
  • China

Shanghai authorities issued a new 'white' list containing 864 financial institutions, allowing them to resume work, three sources with direct knowledge of the matter said on Wednesday. The move is part of the financial hub's plan to reopen broadly and allow normal life to resume after a nearly two-month-long lockdown that halted most economic activity.

The Shanghai government did not immediately respond to a Reuters query for comments. The state-owned Shanghai Securities News reported the approval earlier on Wednesday.

Also Read: 'How did we catch it?': spread of COVID baffles locked-down Shanghai residents

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback