Carmakers Skid: Guangzhou R&F Properties has halted its cooperation with Hawtai Motor, which appears to have run into cashflow problems. The two companies signed a venture agreement a month ago. Read more.
Energy Rising: Shenzhen Energy saw Q1 revenues jump 30.14% YoY to RMB10.386 billion, while profit was up 92% to RMB1.032 billion. Read more.
Talent Moves: More than 2,200 people have so far applied for the Greater Bay Area “talent card”, including 228 from Hong Kong and Macau. Cardholders can enjoy local access to schooling, social security, medical services, financial services and more. Read more.