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Shanghai Daily News Digest

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LEGOLAND Shanghai Resort opens to public for trial operations - June 23, 2025

LEGOLAND Shanghai Resort began public trial operations on Friday, drawing enthusiastic visitors to explore LEGO-themed attractions ahead of its official opening on July 5.

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Short films directors reveal inspirations - June 22, 2025

The directors of films that have been shortlisted for the Short Film of the 27th Shanghai International Film Festival's Golden Goblet Awards briefed media about their work last Saturday.

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Daily direct flight opens between Shanghai and Milan - June 22, 2025

China Eastern Airlines launched a new direct route between Shanghai and Milan last Friday, further expanding air travel between China and Italy amid China's visa-free policy.

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All-in-one AI tools take center stage at MWC Shanghai 2025 - June 22, 2025

Visitors from all around the world have shown great interest in new all-in-one artificial intelligence tools and solutions exhibited by Chinese technology companies at the 2025 Mobile World Congress Shanghai.

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China’s Joy buys Biophyto Genesis; More beauty sector M&As expected - June 22, 2025

Joy Group has acquired skincare brand Biophyto Genesis, the Chinese cosmetics maker said. Industry insiders anticipate further mergers and buyouts in the sector.

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Shanghai bags USD2.7 billion on first day of city's largest land auction in first six months - June 22, 2025

Shanghai raked in CNY19.2 billion (USD2.7 billion) from the sale of five residential land parcels on the first of two days of its latest land auction, making it the city's largest in the first half of this year.

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China’s bourses should cooperate on building multi-tiered system, HKEX’s boss says - June 22, 2025

Major stock exchanges in the Chinese mainland and Hong Kong should adhere to their complementary advantages and pursue differentiated development, while also simultaneously working together to build a robust multi-tiered capital market system, according to the head of the Hong Kong Stock Exchange.

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AIA, Aegon get nod to set up Shanghai’s first foreign-owned insurance asset managers - June 19, 2025

Global insurance giants AIA Group and Aegon Group have received the green light to set up insurance asset management subsidiaries in Shanghai. These will be the city’s first wholly foreign-owned insurance asset management companies, reinforcing Shanghai’s status as an international financial hub.

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Belt and Road gets its moment in Shanghai spotlight - June 19, 2025

The launch ceremony of the Belt and Road Film Week at the 27th Shanghai International Film Festival, or SIFF, was held at the exhibition center of Shanghai Shendi Group in Pudong New Area on Wednesday.

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Shanghai keen to build on IP reputation - June 19, 2025

Shanghai has achieved steady and high-quality development in the field of intellectual property, or IP, offering a fine environment for businesses in innovation and operation, according to official sources.

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