Business
Shanghai Airport Group signs cooperation MOU with Korea Airports Corporation - June 24, 2026
Shanghai Airport Group signed a memorandum of understanding with the Korea Airports Corporation in Shanghai on June 23 to deepen cooperation in areas including route development, passenger services, tourism promotion and airport operations.
China Eastern debuts first all-cargo flight between Shanghai and London - June 24, 2026
The first all-cargo flight between Shanghai and London operated by Eastern Air Logistics Co, the freight unit under parent company China Eastern Air Holding, debuted on Tuesday, carrying 96.3 tons of cargo from the Shanghai Pudong International Airport to London Stansted Airport, according to the Shanghai-based carrier.
Shanghai rolls out measures to attract high-level biopharma investment - June 24, 2026
Shanghai has introduced a package of measures aimed at supporting high-level projects by foreign-invested biopharmaceutical companies, according to a joint policy document recently released by several municipal authorities.
Chinese AI startup Deemos raises new funds for Hyper3D Rodin’s global rollout - June 23, 2026
Deemos Technology, a Chinese firm specializing in artificial intelligence-powered three-dimensional model generators, has raised hundreds of millions of Chinese yuan in its latest funding round, with the proceeds set to expedite the worldwide commercialization of its flagship product, Hyper3D Rodin.
Insilico rallies on potential USD2.5 billion drug discovery pact with SK Biopharmaceuticals - June 23, 2026
Insilico Medicine’s shares jumped after the artificial intelligence-driven drug discovery company signed a research and development partnership with South Korea’s SK Biopharmaceuticals that could generate more than USD2.5 billion in milestone payments and revenue-sharing income.
Shanghai-Stockholm direct flights resume after six-year halt - June 23, 2026
China Eastern Airlines resumed direct flights between Shanghai and the Swedish capital Stockholm on Monday after a six-year suspension, as an Airbus A330 wide-body aircraft from Shanghai landed at Stockholm Arlanda Airport in the evening.
Shanghai film festival generates nearly 5.3 billion yuan in economic benefits - June 23, 2026
The 28th Shanghai International Film Festival has generated almost 5.3 billion yuan (about 777.7 million U.S. dollars) in economic benefits, up nearly 6 percent compared with the previous edition, its organizers said.
China chip stock investors cash out nearly USD1 billion in June after sharp rally - June 22, 2026
Following a steep runup in semiconductor shares, a mix of state-backed funds, venture capital firms, and corporate executives have cashed out more than CNY6.7 billion (USD989 million) from seven chip stocks on Shanghai’s Nasdaq-style Star Market since the start of this month, Yicai calculated based on incomplete figures.
Boeing Shanghai Aviation Services opens a huge maintenance facility - June 22, 2026
A Boeing-backed aircraft maintenance joint venture in Shanghai has opened a new maintenance facility capable of servicing up to six aircraft simultaneously, expanding capacity as global airlines seek additional maintenance, repair and overhaul services amid growing fleet demand.
China’s growing demand for luxury homes drives land auction premiums in key cities - June 22, 2026
Land for housing development in the core areas of China’s key cities is increasingly commanding unusually high premiums at auction, as builders scramble for prime plots to develop much sought-after luxury homes.
