Business


Festival capitalizes on Shanghai's 'day coffee, night alcohol' lifestyle - June 15, 2026

The inaugural Sunland Wine and Coffee Festival, held from June 12 to 14 at Sunland Park in Pudong, Shanghai, featured over 90 wine booths from more than 20 countries and 40 specialty coffee brands, along with all-day art performances and outdoor sports.


China’s core city property markets warm further in May even as luxury segment starts to cool - June 15, 2026

China’s core city property markets extended their recovery last month, with several seeing the number of pre-owned home sales reach the highest in nearly three years, even as the luxury segment showed signs of cooling.


Chinese energy storage firms shift from hardware to integrated energy services, insiders say - June 15, 2026

Chinese energy storage firms are shifting from hardware sales to integrated energy services as competition logic changes.


Lululemon lights up Shanghai yoga festival - June 15, 2026

Athletic apparel brand lululemon brought its signature yoga festival to Shanghai's North Bund last Saturday, welcoming nearly 1,300 enthusiasts to the North Bund International Passenger Center for group practice and a themed light show along the Huangpu River.


Shanghai-based AutoFlight secures certifications for eVTOL aircraft - June 15, 2026

Shanghai-based AutoFlight received Indonesian certification for its V2000CG CarryAll eVTOL aircraft, enabling commercial use.


Shanghai Mobile launches 10G broadband, free AI tokens for businesses - June 14, 2026

China Mobile Shanghai branch has introduced the Dual 10G (Gigabyte) bandwidth enterprise smart service package, covering both broadband and 5G-A mobile networks citywide, the carrier said last Thursday.


WuXi AppTec gains after suing US DOD, buying back USD147.8 million of own shares - June 14, 2026

WuXi AppTec’s shares rose after the Chinese biotech firm said it is suing the United States Department of Defense for wrongfully adding it to a list of companies with alleged links to China’s military and disclosed that it has bought back CNY1 billion (USD147.8 million) of its own stock.


Abu Dhabi Investment Forum opens in Shanghai amid mideast war - June 14, 2026

Despite the dark clouds of the war in the Middle East still looming over the Persian Gulf, representatives of Abu Dhabi's political and business circles held the 2026 Abu Dhabi Investment Forum in Shanghai, with investment, technology, advanced industries, and entertainment among key focus areas.


Shanghai's Lujiazui Forum to gather global financial leaders - June 14, 2026

Shanghai is set to host the 2026 Lujiazui Forum from June 17 to 18, with more than 70 Chinese and overseas speakers expected to attend, city officials said at a press briefing last Friday.


48th WorldSkills Competition in Shanghai to be the largest ever - June 14, 2026

The 48th WorldSkills Competition will take place in Shanghai from September 22 to 27. With more than 1,400 contestants from over 70 countries and regions competing in 64 skill categories, it will be the largest ever edition of the biennial event, officials told a State Council Information Office press conference on June 12.


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