Business
26 financial institutions sign on as direct participants with e-CNY Center International - June 17, 2026
Cross-border e-CNY (digital Chinese yuan) services have made new progress with 26 financial institutions signing on as direct participants with e-CNY Center International Co Ltd in Shanghai Tuesday.
Overseas investors hold 600 bln USD worth of Chinese stocks by Q1 - June 17, 2026
Overseas investors held about 600 billion U.S. dollars worth of Chinese equities at the end of the first quarter of 2026, Zhu Hexin, head of the State Administration of Foreign Exchange, said on Wednesday.
Shanghai charts path to greater offshore finance role - June 17, 2026
Chinese Vice Premier He Lifeng said that Shanghai will get assistance to further strengthen its standing as a global financial hub.
CICC’s takeover of brokers Dongxing, Cinda enters regulatory approval stage - June 16, 2026
China International Capital Corporation’s planned acquisition of Dongxing Securities and Cinda Securities, two mid-sized competitors, has entered the regulatory approval stage, moving the deal closer to forging a brokerage giant with over CNY1 trillion (USD147.9 billion) of assets.
Tencent-backed AI chipmaker Enflame gets Shanghai Bourse’s go-ahead for USD888 million IPO - June 16, 2026
Enflame Technology, a Tencent Holdings-backed maker of artificial intelligence chips, has had its CNY6 billion (USD888 million) initial public offering approved by the Shanghai Stock Exchange.
Chinese tech giants take center stage at 2026 World Cup with AI and hardware displays - June 16, 2026
The ongoing FIFA World Cup 2026 has become a global testing ground for cutting-edge technologies, with Chinese tech heavyweights demonstrating their AI and hardware ability on the ultimate global platform.
Shanghai Disneyland celebrates 10th anniversary with new attractions on the way - June 16, 2026
As Shanghai Disneyland marks its 10th anniversary on Tuesday, the resort is moving forward with several expansion plans, after having welcomed over 100 million guest visits by the end of October 2025.
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.
