Business


China's Xizhi Tech pops in Hong Kong trading debut after becoming world's first AI optical computing firm to go public - April 28, 2026

Shares of Xizhi Technology, also known as Lightelligence, surged on their first day of trading in Hong Kong, with the Chinese company becoming the world's first artificial intelligence optical computing solutions developer to go public.


China-Brazil bond connected by Bank of Communications - April 28, 2026

Bank of Communications has been designated as the exclusive pilot bank for the China-Brazil Bond Connect, a major development of financial relations as collaboration among Global South countries increases.


Metro China appoints Sam's Club's ex-country president as executive chairman - April 28, 2026

Metro has appointed Andrew Miles, former president of Sam's Club China, as executive chairman of the German membership-only retailer's Chinese arm.


Advertising career fair draws thousands of aspirants - April 27, 2026

The advertising talent job fair held last week in Shanghai's Pudong New Area attracted thousands of job seekers from over 20 countries and regions. This event represents a significant initiative by the city to address recruitment challenges in the industry and solidify its position as a global hub for digital advertising.


China's Heihu Network raises USD146.5 million to hasten industrial AI deployment, global expansion - April 27, 2026

Heihu Network Technology, a leading Chinese industrial software provider, has secured nearly CNY1 billion (USD146.5 million) to accelerate the deployment of industrial artificial intelligence applications and its overseas expansion.


Volant Aerotech eyes crucial certification after successful round of funding - April 27, 2026

Volant Aerotech, a Shanghai-based electric air taxi maker, announced on Monday that it closed a $300 million Series C funding round.


Lin-gang becomes magnet for global biopharmaceutical investment - April 27, 2026

A wave of new investment announcements in the last three months highlights why Shanghai's Lin-gang Special Area is becoming a preferred base for global healthcare companies.


From Istanbul to Shanghai, buyers chase China's machine tool boom - April 27, 2026

After flying nearly 9,000km from Istanbul, a Turkish buyer walked into a Shanghai exhibition hall with a single goal: to source Chinese machine tools.


Shanghai sees growing influx of overseas travelers - April 27, 2026

Shanghai Pudong International Airport handled more than 25,000 inbound foreign travelers in a single day on April 20, setting a new single-day record.


China's renewables power ahead as green insurance lags, experts say at Shanghai Climate Week - April 26, 2026

China's new energy sector is expanding at speed, with solar, wind, and energy storage installations all ranking among the top in the world. Yet major green energy assets in the country are underinsured or uninsured, according to experts taking part in Shanghai Climate Week.


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