Business
Heatwave can't halt hype: high-profile debuts and AI upgrades at ChinaJoy 2026 - August 02, 2026
Despite the sweltering heat, gaming enthusiasts packed the bustling halls of ChinaJoy 2026, or the China Digital Entertainment Expo & Conference, eager to test new game demos and AI-powered devices, admire elaborate cosplay and snap photos with their favorite characters.
Shanghai, Hong Kong gov’t-backed investors launch USD76 million sci-tech fund to boost innovation - August 02, 2026
Government-backed investment institutions from Shanghai and Hong Kong inked a partnership agreement on July 30, paving the way for the establishment of the HKD600 million (USD76 million) Victoria Link Sci-Tech Fund, which will focus on investing in Hong Kong-based technology and innovation projects and accelerate the deployment of cutting-edge global technologies in both Shanghai and Hong Kong.
Commercial land plot in Shanghai's Pudong sells at 80% premium - August 02, 2026
A purely commercial land parcel in Pudong New Area of Shanghai was auctioned at an 80 percent premium, which not only far exceeds the rates of most such plots in the city, but also those of some land for housing development in core urban areas.
Shanghai's foreign visitor numbers jump 28% in first half - August 02, 2026
Shanghai saw the number of overseas visitors rise 28 percent in the first half of the year from a year earlier, with South Korea, Russia, the United States, Thailand, and Malaysia as the main sources.
Chinese game developer Moonton uses Esports World Cup as launchpad for European market push - July 30, 2026
Moonton Technology is using the Esports World Cup in Paris as a springboard to expand in Europe, offering a path for Chinese game developers going global.
Shanghai leads nation, Asia in 'first-store economy' race - July 30, 2026
More than 8,400 brands have chosen Shanghai for their first stores, reflecting the city's strong appeal to both global and domestic brands.
Shanghai's corporate free trade accounts cross-border fund transfers top USD19.7 billion - July 30, 2026
Cross-border fund receipts and payments under Shanghai Pilot FTZ's corporate free trade account upgrade have topped CNY133 billion, with the first digital yuan transfer handled this month.
China's Poly snaps up two prime Shanghai plots for USD3.4 billion - July 29, 2026
Poly Developments and partners bought two prime residential sites in Shanghai for USD3.4 billion, underscoring demand for quality land.
Yicai forum explores tech’s path from lab to market as Shanghai’s STAR Market turns seven - July 29, 2026
A Yicai forum marking the Star Market’s seventh anniversary explored how hard technologies can move from laboratories to commercial use.
CXMT’s Shanghai market debut sets records - July 29, 2026
CXMT set records on its Shanghai Star Market debut, becoming one of the most prominent listings in China’s chip sector.
