Business
Shanghai’s social financing picks up in first quarter as corporate borrowing costs sink to historic low - April 29, 2026
Shanghai’s social financing increased at a faster pace in the first quarter than a year earlier, as corporate borrowing costs plunged to a record low last month, pointing to better financing conditions for the real economy.
Jing'an emerges as a global hub for consumption - April 28, 2026
Jing'an is expanding its role in Shanghai's push to build an international consumption hub, anchored by a "first-launch economy" that connects global brand debuts, domestic design platforms and retail spaces.
Shanghai's Junshi Biosciences reports revenue surge in Q1 - April 28, 2026
Shanghai-based Junshi Biosciences significantly narrowed its losses in the first quarter to 20.6 million yuan (US$3 million) compared to 235 million yuan in the same period last year. The sharp improvement came on the back of a 45 percent jump in revenue to 726 million yuan.
Shanghai biopharma firm WuXi AppTec Q1 revenue hits record - April 28, 2026
WuXi AppTec, headquartered in Shanghai, reported a 26.68% jump in first-quarter net profit to 4.65 billion yuan, driven by a 28.81 percent increase in total revenue to a record-breaking 12.44 billion yuan (US$1.82 billion).
China's Xizhi Tech pops in Hong Kong trading debut after becoming world's first AI optical computing firm to go public - April 28, 2026
Shares of Xizhi Technology, also known as Lightelligence, surged on their first day of trading in Hong Kong, with the Chinese company becoming the world's first artificial intelligence optical computing solutions developer to go public.
China-Brazil bond connected by Bank of Communications - April 28, 2026
Bank of Communications has been designated as the exclusive pilot bank for the China-Brazil Bond Connect, a major development of financial relations as collaboration among Global South countries increases.
Metro China appoints Sam's Club's ex-country president as executive chairman - April 28, 2026
Metro has appointed Andrew Miles, former president of Sam's Club China, as executive chairman of the German membership-only retailer's Chinese arm.
Advertising career fair draws thousands of aspirants - April 27, 2026
The advertising talent job fair held last week in Shanghai's Pudong New Area attracted thousands of job seekers from over 20 countries and regions. This event represents a significant initiative by the city to address recruitment challenges in the industry and solidify its position as a global hub for digital advertising.
China's Heihu Network raises USD146.5 million to hasten industrial AI deployment, global expansion - April 27, 2026
Heihu Network Technology, a leading Chinese industrial software provider, has secured nearly CNY1 billion (USD146.5 million) to accelerate the deployment of industrial artificial intelligence applications and its overseas expansion.
Volant Aerotech eyes crucial certification after successful round of funding - April 27, 2026
Volant Aerotech, a Shanghai-based electric air taxi maker, announced on Monday that it closed a $300 million Series C funding round.
