Business
China’s Fosun Pharma sells 6% stake in Indian unit Gland Pharma for USD294 Million - September 07, 2026
Fosun Pharmaceutical has sold a 6 percent stake in the Chinese drugmaker's Indian unit Gland Pharma via a block trade and open-market transaction for nearly INR28 billion (USD294 million).
China’s MeiG Smart jumps by limit after unveiling JV to make optoelectronic devices for AI data centers - September 07, 2026
Shares of MeiG Smart Technology surged by their daily trading limit after the Chinese wireless communication modules and Internet of Things solutions provider said it plans to ally with domestic indium phosphide laser chip startup Xingyuan Optoelectronics Technology to set up a joint venture to develop and produce optoelectronic devices to meet surging demand for such components in artificial intelligence data centers.
China launches AI-powered app to combat telecom and online fraud - September 07, 2026
China has launched an artificial intelligence-powered anti-fraud application to help the public identify and guard against telecom and online scams, the Ministry of Public Security announced last Sunday.
Saudi tech firm launches world’s first Arabic LLM built on China’s MiniMax-M3 - September 06, 2026
Humain, the tech unit of the Saudi Public Investment Fund, released the world's first large language model designed specifically for Arabic, built on the open-source MiniMax-M3 lineage by Chinese artificial intelligence startup MiniMax Group and marking a breakthrough in China's AI tech going global.
Allianz China nearly triples first-half profit, targets fourfold increase by 2030 - September 06, 2026
Allianz China Insurance Holding, China’s first wholly foreign-owned insurance holding company, nearly tripled its first-half net profit as it targets further profit growth through 2030, while industry insiders said new accounting standards also boosted its reported profit to some extent.
First stop in China! Shanghai Pudong Airport leads China with 25 mln cross-border passenger trips - September 06, 2026
Shanghai Pudong International Airport has become the first airport in China to handle over 25 million inbound and outbound passenger trips this year.
Shanghai's Bund to host AI inclusion conference - September 06, 2026
The 2026 Inclusion Conference on the Bund is set to take place from Sept 9 to 12 at the Huangpu World Expo Park in Shanghai, focusing on transforming artificial intelligence into new productive capacity and economic opportunities to benefit more people, said organizers at a news briefing last Thursday.
Shanghai to strengthen global trade hub status - September 03, 2026
Shanghai seeks to align its trade functions with its other essential roles as an international economic, financial, shipping, and tech innovation center by 2030.
China CSSC lands order for 10 dual-fuel PCTCs worth over USD1 billion - September 03, 2026
China State Shipbuilding Corporation, said it has received an order for 10 8,200 car equivalent unit dual-fuel pure car and truck carriers worth more than USD1 billion, its second big deal in less than a week.
StartLux's local large model passes key test - September 03, 2026
A local large model developed by Shanghai-based StartLux has passed a key test by the China Academy of Information and Communications Technology.
