China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ... ( read original story ...)
Parent waiting areas set up for underaged concern-goers in Shanghai
Shanghai authorities have set up parent waiting areas for underaged concert-goers to attend the concert series by popular Chinese boy band Teens in Times running from Wednesday through Sunday. ( read original story ...)
China’s Rally Spreads Beyond AI and Banking Stocks
The percentage of stocks in the Shanghai and Shenzhen composite indexes hitting fresh one-year highs this week has reached their highest levels since 2021 and 2020, respectively — excluding the record ... ( read original story ...)
Shein IPO snags put China-goes-global on notice
The fast-fashion group moved to Singapore to look more international but couldn't secure a public debut abroad. So Shein might now return to the mainland to facilitate a Hong Kong listing. It's a ... ( read original story ...)
Shanghai Bright Power plans to buy Chinese charging chip maker for $457 mln
Shanghai Bright Power Semiconductor has agreed to buy a 100% stake in a Chinese wireless charging chip maker for 3.28 billion yuan ($457 million), to further expand its products portfolio and enhance ... ( read original story ...)
Shanghai building intl e-sports hub
Shanghai is advancing efforts to build itself into an international e-sports hub by introducing top-tier world-class tournaments and more supportive policies. ( read original story ...)
Chinese Stock Rally Broadens Out as Momentum Picks Up
The percentage of stocks in the Shanghai and Shenzhen composite indexes hitting fresh one-year highs this week has reached their highest levels since 2021 and 2020, respectively — excluding the record ... ( read original story ...)