Shanghai

BMW's car sales have declined following a 30% drop in China. The article references a BMW AG dealership in Shanghai.

China's reliance on imported sophisticated scientific instruments may hinder the country's AI development in science, according to a Peking University professor. Advanced equipment like mass spectrometers is crucial for generating high-quality data needed for AI models, as highlighted at the 'AI for Science' conference in Shanghai.

ChangXin Memory Technologies (CXMT), China’s leading DRAM maker, set a subscription date for a US$4.3 billion Shanghai IPO on July 16, with the offering expected to be the second-largest on the Star Market. The company, based in Hefei, Anhui, will hold its initial price consultation on Monday.

China has instructed bankers to avoid underwriting short-term bonds issued by local government financing vehicles (LGFVs). The article references the Pudong's Lujiazui Financial District in Shanghai.

Noteholders and Aston Martin have signed a cooperation pact amid a debt rout. The article also mentions President Xi Jinping participating in China's major political meeting as the economy shows signs of recovery.

AI signage was displayed at the Zhejiang Hikstor Technology Co. booth during the Electronica Shanghai expo in Shanghai, China on July 1, 2026. The exhibition continues through July 3.

A frugal, childless Chinese couple donated US$735,000 to help 455 children with congenital heart disease, despite living modestly. Their story was revealed at a charity exhibition in Shanghai, with Du Yingrong (retired teacher) passing away in 2018 and his wife Lu Suying (retired doctor) dying last year.

A Shanghai restaurant, Jinlong Dabianlu in Hongkou district, sparked debate by selling a common stir-fried tomato and scrambled eggs dish for 520 yuan (US$75), a price significantly higher than its typical affordability.

Wu Xinbo, dean of the Institute of International Studies at Fudan University, analyzes how shifts in US foreign policy, including Trump’s 'America first' approach, are influencing the evolving relationship between the United States and China. The interview discusses the potential impact of these policy changes on China's rise.

Hong Kong’s financial authorities urged banks to expand the use of the yuan in corporate financing, investment, and cross-border trade to strengthen Hong Kong's position as an offshore hub against Shanghai and Singapore. HKMA chief executive Eddie Yue called for deeper integration of the yuan in daily trade settlements and other financial activities.

China's services gauge performed better than forecast despite a decline. The article references an employee in a Shanghai kitchen, photographed by Qilai Shen for Bloomberg.

Iron ore prices are advancing due to potential delivery disruptions by CMRG affecting Fortescue. The article mentions a conveyor belt loading barges at a Shanghai-based iron ore transfer and storage center operated by the Shanghai International Port Group.

A Coupang representative traveled to Shanghai to retrieve a desktop PC, hard drives, and other items from a suspect, but the National Intelligence Service (NIS) later required the company to recover a missing laptop. The incident involves a data privacy clampdown linked to a signed confession and recovered hardware.

Asian shares are trading mixed due to uncertainty over the war in Iran and access to the Strait of Hormuz, despite an initial U.S.-Iran deal. Stock benchmarks rose in Tokyo and Shanghai but fell in Sydney.

Europe's response to Chinese competition is slow as it attempts to strengthen defenses. The article references Yangshan Port near Shanghai, China, as an example of Chinese port activity.

Nvidia is expanding its robotics team in China, recruiting for over a dozen roles across Beijing, Shanghai, and Shenzhen in domains like embodied intelligence, simulation, implementation, and solutions. The company aims to build a leading robotics platform amid the rise of physical AI.

Shanghai has been urged to develop as a financial hub to meet the growing outbound investment needs of Chinese firms, potentially intensifying competition with Hong Kong. The proposal was made by Liu Xiaochun at a meeting hosted by China Finance 40, a Beijing-based think tank.

Shanghai has been urged to develop as a financial hub to meet the outbound investment needs of Chinese firms, potentially intensifying competition with Hong Kong. The proposal was made by Liu Xiaochun at a closed-door meeting hosted by China Finance 40, a Beijing-based think tank.

The 'Chinamaxxing' initiative is highlighted at the Mobile World Congress Shanghai. The event focuses on technological advancements and business opportunities in China.

A man in China changed the lock on a vacant flat and sold it to unsuspecting friends for US$103,000. He had a history of serving time for fraud and was released from prison in 2017.

A Chinese physical AI start-up, Fysics AI, has launched a new physics-based world model called Fysiverse that embeds real-world physical laws into its code, differing from the data-driven approaches used by US tech giants OpenAI and Meta Platforms.

China opened a top-level optical computing laboratory in Shanghai after breakthroughs in photonic chips that could bypass US restrictions on AI development. The country began limited production of locally designed photonic chips, which use photons instead of silicon to process data.

Chinese banks are taking steps to restrict retail gold trading due to market volatility. The article mentions gold bars for sale at a jewelry store in Shanghai, highlighting the context of gold trading in the region.

Hong Kong is working to maintain its position as a global financial center by leveraging unique advantages and national strategies. Meanwhile, Shanghai's rapid development of offshore markets, supported by Beijing's policies, is raising questions about whether it can challenge Hong Kong's dominance in offshore finance.

Chinese chip-packaging and testing company Jiangsu Changjiang Electronics Technology (JCET) will invest 7.8 billion yuan (US$1.15 billion) to build a new advanced packaging and testing factory in Shanghai's Lin-gang Special Area, driven by increased demand for home-grown chips amid AI development.

Gold prices remain near $4,000 as a stronger U.S. dollar and interest rate expectations weigh on the market. China's affluent consumers are driving increased demand for gold jewelry due to a property boom and high stock market valuations.

Hong Kong’s finance chief Paul Chan Mo-po announced plans for new initiatives to boost offshore yuan trading, set to be revealed next month, following mainland China’s recent efforts to stimulate such trading in Shanghai. Hong Kong also aims to increase the availability of yuan-denominated shares on its stock exchange.

Alibaba Group Holding's chip design unit T-Head has tripled its registered capital to 1 billion yuan from 300 million yuan, aiming to strengthen its position in the semiconductor industry amid the AI boom and China's chip self-sufficiency drive.

A dog-rental platform called 'Wangbu' allows users in Chinese cities like Beijing, Shanghai, and Shenzhen to rent dogs by the hour for walks. The service has raised concerns about animal stress due to frequent handler changes, despite its novelty in the urban pet economy.

Vale's board is resisting a bid by shareholder Previ to remove the company's chairman. Daniel Stieler, the chairman, spoke in Shanghai in 2025.

Buyers in major Chinese cities like Shanghai are actively seeking bargains as home prices show signs of bottoming out after a six-year slump. Policy easing and halved prices for some flats have boosted broker confidence in the market.

Mainland Chinese technology giants are using Hong Kong as a 'strategic adaptation ground' to become global multinational enterprises, according to Hong Kong's finance chief Paul Chan. He made the remarks after visiting tech companies in Shanghai and Nanjing.

The London Metal Exchange (LME) will launch steel futures contracts that provide access to Shanghai prices. The new futures will include stainless steel coils as a key product.

Lululemon apologized after a Great Wall drum sparked backlash in China. The company organized an outdoor yoga event in Shanghai.

Global investors remain committed to Chinese technology companies despite concerns over SpaceX's record-breaking IPO affecting Asian market liquidity, according to HKEX CEO Bonnie Chan Yiting. She emphasized continued institutional interest in Asia and China as key investment destinations.

Pizza Hut, the largest casual dining operator in China, has been sold by US-based Yum! Brands to Shanghai-based Yum China for US$1.2 billion. The transaction aims to help global brands strengthen sales in China's competitive market through local partnerships.

China has pledged to enhance legal protections against unilateral sanctions, as Vice-Premier He Lifeng announced plans to integrate blocking and countermeasure provisions into financial legislation during the Lujiazui Forum in Shanghai. The measures aim to counter what China deems improper extraterritorial sanctions, bolstering its financial system's resilience.

The Rio film industry is seeking Chinese investment by pitching in Shanghai, aiming to develop the city's audiovisual sector into an export engine. The initiative is part of efforts to boost the industry's global reach.

Walt Disney opened its Shanghai theme park in 2016 with a $5.5 billion investment, marking its first mainland China project. The park aims to expand Disney's brand beyond saturated markets.

New home prices in China’s first-tier cities rose 0.2% in May, marking a third consecutive monthly increase after nine months of declines. Shanghai and Guangzhou saw 0.2% gains, Shenzhen rose 0.4%, while Beijing fell 0.2%, according to data from the National Bureau of Statistics. Analysts attribute the rebound to stabilization measures boosting market confidence.