Business


China’s Yongguan plans USD140 million private placement to fund electronic-grade glass fiber plant - June 07, 2026

Shanghai Yongguan Adhesive Products intends to carry out a CNY927 million (USD140 million) private placement to finance a new electronic-grade glass fiber cloth.


Expo to highlight cutting-edge green technology products - June 07, 2026

Shanghai will host China's largest carbon neutrality expo this week to highlight emerging carbon management practices.


Shanghai issues permit for 'destinationless' cruise travel - June 07, 2026

Shanghai authorities on June 5 issued the first-ever exit-entry permit for destinationless offshore cruise travel, marking a significant step forward in China's efforts to expand and streamline cruise tourism.


250,000 tickets sold in 15 minutes as Shanghai Film Fest nears - June 07, 2026

Around 250,000 tickets for the 28th Shanghai International Film Festival were snapped up within 15 minutes of going on sale at noon last Friday, according to the festival's organizing committee.


Pudong Airport opens smart cargo station to speed up deliveries - June 04, 2026

Shanghai Pudong International Airport launched operations at its new digital and intelligent international cargo terminal on Wednesday to speed up customs clearance and international logistics.


China's Cosco Shipping Energy orders four LNG vessels to lease to Shell Tankers Singapore - June 04, 2026

Cosco Shipping Energy Transportation, the energy transportation subsidiary of China Cosco Shipping, plans to invest CNY6.4 billion (USD950 million) for four liquefied natural gas carriers, which it will then lease to Shell Tankers Singapore.


China’s Jinko Solar expects to double energy storage shipments in 2026 - June 04, 2026

Jinko Solar Holding, one of the world’s biggest photovoltaic panel makers, has forecast its energy storage shipments to double in terms of gigawatt-hours this year amid surging electricity prices in key markets such as the Asia-Pacific.


Big city home sales displaying vigor - June 04, 2026

The early spring recovery in China's housing market has extended into May, as the country's largest cities are reporting record-high transactions in the existing home market.


Tesla's China-made vehicle sales surge in May - June 04, 2026

Tesla, which operates a mega-factory in Shanghai, posted a 39 percent jump in China-made vehicle sales in May, marking its seventh consecutive month of growth.


Shanghai to launch new electricity, computing power futures - June 04, 2026

Shanghai will promote the continuous expansion of its derivatives market product system and explore new derivative products, such as electricity and computing power futures, to build itself into a global asset management hub.


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