Bayside Daily前海湾日‪报‬ Kenny Wang

Local news in Shenzhen.

Bayside Daily 前海湾日报 04292020 by Kenny Wang

Bayside Daily 前海湾日报 04282020 by Kenny Wang

Bayside Daily 前海湾日报 04272020 by Kenny Wang

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.

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.