Business
China’s WuXi AppTec hits limit up as first-half profit soars 29% to record USD1.6 billion - August 04, 2026
Shares in WuXi AppTec surged by the exchange-imposed limit in Shanghai on August 4 after the Chinese biotech firm posted a 29.4 percent jump in net profit in the first six months from a year earlier, surpassing CNY10 billion (USD1.5 billion) for the first time to reach CNY11.08 billion (USD1.6 billion).
Shanghai-listed firms ramp Uup share buybacks, stake purchases in July - August 04, 2026
Shanghai-listed companies unveiled a record number of share buyback and major shareholder stake increase plans in July as market volatility intensified, underscoring growing confidence among listed firms and industrial investors despite weaker equity markets.
Gaming expo ChinaJoy draws record crowd this year - August 04, 2026
The 23rd China Digital Entertainment Expo and Conference, better known as ChinaJoy, has attracted a record number of visitors, with more than 900 companies from 35 countries and regions participating in the event.
China's C919 gets mountain-ready variant as homegrown jets eye the world - August 03, 2026
A shortened, lighter version of China's domestically developed C919 jetliner took to the sky over Shanghai last week.
China to expand institutional opening-up of forex in H2 - August 03, 2026
The State Administration of Foreign Exchange last Sunday said in a statement released after its work conference that it will continue to steadily expand institutional opening-up in the foreign exchange sector in the second half of this year.
China's 12th batch of centralized drug procurement selects original drugs in record 10 varieties - August 03, 2026
Original drugs were procured under 10 varieties in China's 12th batch of bidding for the state-organized centralized drug procurement program, setting a new record high.A total of 521 products under 6
China's gaming sector hits 188.45b yuan in domestic sales in H1 - August 03, 2026
China's gaming industry delivered strong growth in the first half of 2026, driven by policy support, overseas expansion and AI adoption, according to an official industry report released last Thursday at the China Digital Entertainment Congress (CDEC).
2026 Rolex Shanghai Masters unveils major upgrades - August 03, 2026
The launch ceremony for the 2026 Rolex Shanghai Masters was held at the Portman Ritz-Carlton in Shanghai on July 30, where organizers announced that this year's tournament will take place from Oct 5 to 18 at Qizhong Tennis Center.
Unitree set to launch IPO in Shanghai - August 02, 2026
China's Unitree Robotics has announced a timetable for its initial public offering in Shanghai, which is poised to value the company at more than 40 billion yuan ($5.7 billion), lifting market sentiment and setting a new benchmark for the valuation of China's fast-growing embodied artificial intelligence sector.
Yum China’s profit rises 14% as KFC, Pizza Hut operator posts ninth quarterly earnings gain - August 02, 2026
Yum China Holdings, which operates the Kentucky Fried Chicken and Pizza Hut restaurants in the Chinese mainland, reported a 14 percent increase in profit for the second quarter from a year earlier, after earnings and margins grew for the ninth straight quarter.
