Shanghai
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Shanghai

Shanghai
Shanghai
With a population of more than 24 million, Shanghai, is a major centre for finance, business and economics, science and technology, and fashion, among other disciplines. It is home to the Port of Shanghai, the world’s busiest container port, and Shanghai Pudong International Airport, one of the world’s 10 busiest airports by passenger traffic.
Head of Government
Party Secretary of Shanghai Chen Jining
French President Emmanuel Macron, Chinese President Xi Jinping and Chinese first lady Peng Liyuan gaze at the Dujiangyan irrigation system, a Unesco World Heritage site in Sichuan province on December 5. Photo: Reuters
China-EU relations

Opinion | How France and China offer an alternative to zero-sum diplomacy

As the countries stake their relationship on sustainability and hi-tech cooperation, they are building a new template for bilateral ties.

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Electric & new energy vehicles

Chinese lidar maker Seyond, founded by former Baidu engineers, debuts in Hong Kong

Macau

Japanese singer Ayumi Hamasaki cancels Macau show as Beijing-Tokyo rift continues

Hong Kong stock market

Hong Kong stocks end higher as China stimulus hopes spark property rally

Market sentiment buoyed by China homebuyer loan support talk and Vanke debt progress.

Hong Kong stocks rally in the afternoon. Photo: Shutterstock
China-Japan relations

‘We’ve been careful’: Japanese firms in China stay calm amid political storm

Japanese businesses in China are under pressure amid a diplomatic row over Taiwan, but they have dealt with political tensions for years.

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Climate change

Opinion | How Hong Kong can distinguish itself as a climate finance hub

The city should lead by directing capital to projects that modernise grids, electrify transport and accelerate green supply chains.

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Artificial intelligence

China AI chipmaker MetaX draws more IPO investors than Moore Threads

More than 5 million investors vied for allotments in the chipmaker’s share offering, which aims to raise US$594 million.

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Founded in 2020, MetaX is viewed as one of China’s best hopes to develop chips that can rival Nvidia’s high-performance AI processors. Photo: Handout
China-Japan relations

China-Japan ferry halts service as tensions over Takaichi remarks flare

The ferry, named after monk seen as symbol of cultural exchange, has been suspended ‘due to a request from the Chinese side’, operator says.

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China stock market

New China guidelines to base asset managers’ pay on the performance of funds

The China Securities Regulatory Commission seeks a performance-based salary mechanism at the country’s 160 mutual fund houses.

Hong Kong stock market

Hong Kong stocks retreat as Fed decision looms and investors await China signals

Hang Seng Index falls 1.2 per cent as traders weigh US Federal Reserve rate cuts and Beijing’s 2026 policy priorities.

The Hang Seng Index swings between gains and losses on Monday. Photo: China News Service
Made in China 2025

Exclusive | China’s oldest shipyard Jiangnan plans world’s first nuclear-powered vessel

Construction on 25,000-container ship could start in the next 10 years, but a lot remains to be done, a top executive says.

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A model of a nuclear-powered container ship is displayed at the Marintec China expo in Shanghai last week. Photo: China News Service/VCG via Getty Images
China jobs

Open Questions | Economist Huang Yiping on why China’s AI push must be ‘job-oriented’

Dean of Peking University’s National School of Development says ‘balance’ needed in AI development to protect employment, ‘human well-being’.

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Artificial intelligence

How China’s solopreneurs are using AI to crack a tough job market

Armed with a variety of AI tools, a new breed of young entrepreneurs forges a path in a challenging economy.

Artificial intelligence

Moore Threads aspires to become ‘leading global player’ in AI chips after IPO

Unlike Huawei, Moore Threads’ GPUs, along with its own MUSA platform, are compatible with Nvidia’s CUDA ecosystem.

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Zhang Jianzhong, CEO of Moore Threads, speaks at a company product launch in Beijing, December 19, 2023. Photo: Handout
China stock market

Moore Threads shares dazzle with fivefold jump in Shanghai debut

Moore’s shares began trading at 650 yuan amid a declining market, a 468 per cent jump from their initial public offering price of 114.28 yuan.

Chinese GPU manufacturer Moore Threads announced the MTT S4000, its latest AI graphics card, on December 19, 2023. Photo: Handout
Hong Kong stock market

Hong Kong stocks secure weekly gain ahead of key rate meetings

In addition to rate decisions in US and Japan, traders will watch Beijing’s economic work conference this month for potential catalysts.

Mainland China

Chinese shipyards shift focus to advanced vessels as rivals gain ground

Chinese shipbuilders accounted for 65 per cent of global orders in the first three quarters, down from nearly 75 per cent a year earlier.

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China-UK relations

Despite Starmer’s ‘China threat’ rhetoric, Britain seeks tighter Beijing ties

Dispute around new Chinese embassy will be key test of London’s ability to bring bilateral relations out of ‘Ice Age’, according to analysts.

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British Prime Minister Keir Starmer says Britain’s policy towards China cannot continue to blow “hot and cold”. Photo: EPA
Artificial intelligence

China’s top AI chip firms set for bumper IPOs as Nvidia kept out of market

Shanghai-based MetaX set its IPO pricing at 104.66 yuan, according to a company filing on Wednesday.

South Korea

Chinese tourists pivot to South Korea, Thailand amid Japan travel ban

Spat began when Japan’s PM Sanae Takaichi suggested potential military intervention in Taiwan Strait, leading Beijing to issue a travel warning.

China economy

Opinion | How China engineered the rapid rise of its drug innovation industry

A market once dominated by generics is now an AI-powered pharmaceutical hub drawing billion-dollar investments from the likes of Pfizer and GSK.

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A worker checks the position of a feeding tray in a pharmaceutical manufacturing facility at the Hengrui Biomedical Industrial Park in Lianyungang in Jiangsu province, on December 13, 2021. Photo: Getty Images
China property

Shanghai launches clampdown on property market doom-mongering

City’s internet regulators shut down 70,000 accounts in a ‘special campaign’ against pessimistic content as real estate jitters continue.

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Shanghai has launched a “special campaign” against online content that talks down the property market. Photo: Shutterstock
Electric & new energy vehicles

Tesla’s China plant sees shipment surge ahead of subsidy expiry

However, the rebound may not be sufficient to help the company reclaim lost ground in China, an analyst says.

China shipbuilding

Beijing woos foreign firms as China seeks bigger role in global shipbuilding supply chain

From cruise ships to deep-sea ocean drillers, China aims to open its vast shipbuilding industry wider to overseas partners.

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Banking & finance

Will Russia’s gold sale prompt a retreat? Hedge fund manager spurs debate

While a Chinese hedge fund manager has claimed gold’s ‘best days’ are over, analysts argue Moscow’s move does not reflect the overall picture.

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A reported sale of gold by Russia’s central bank has stoked debate over whether the precious metal’s price rally has come to an end. Photo: AFP
China-Japan relations

Debate and backlash in China after Japanese singer halted mid-show in Shanghai

Chinese commentators and social media users call for discussion around cancelling large concerts at the ‘last minute’.

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Japanese singer Maki Otsuki’s performance is abruptly halted at an anime event in Shanghai. Her team says she has since “returned home safely”. Photo: Handout
Tourism

Cultural events a new growth driver for Shanghai, drawing overseas tourists

About 60 per cent of the major performances during this year’s CSIAF featured foreign organisations and artists.

China’s Communist Party

Beijing launches nationwide fire safety drive in wake of deadly Hong Kong blaze

Notice vows to ‘identify and rectify’ fire risks across public and private facilities, with a focus on unsafe practices and lax management.

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