Shanghai Stock Exchange says it will continue some operations, while factories including Tesla’s will shut down
Brenda Goh and Winni Zhou
Authorities said they would divide Shanghai into two for the exercise, using the Huangpu River that passes through the city as a guide. Districts to the east of the river, and some to its west, will be locked down and tested between March 28 and April 1. The remaining areas will be locked down and tested between April 1 and 5.
“The public is asked to support, understand and co-operate with the city's epidemic prevention and control work, and participate in nucleic acid testing in an orderly manner,” the government added. Shanghai authorities have previously resisted a broad lockdown of the city to avoid destabilising its economy and opted for a more bespoke “slicing and griddling” approach, which involves screening neighbourhoods one by one.The city houses factories belonging to the likes of Tesla, Volkswagen and the country’s largest chipmaker SMIC, as well as the mainland China headquarters of many international companies.
More than 14-million Shanghai residents have taken antigen tests, the Shanghai municipal health commission said on Sunday.
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