Singapore Telecommunications’ (Singtel) regional data centre arm, Nxera DCT, has secured a $643 million five-year green loan to finance the development of a new 58MW data centre in Tuas, or DC Tuas. ( read original story ...)
Shanghai’s tech insurance premiums exceed 5b yuan, bolstering cutting-edge tech enterprises
Shanghai's technology insurance premiums reached 5.06 billion yuan ($690 million) in 2024, providing risk coverage of over 25 trillion yuan, according to a report released by the Shanghai Municipal ... ( read original story ...)
Shanghai unveils new measures to facilitate market access registration
Shanghai's market regulators on Thursday released a raft of measures to facilitate market access registration, which aimed at optimizing the city's business environment. ( read original story ...)
China: Shanghai stock exchange falls 0.65% on first day after national holidays
The Shanghai Stock Exchange benchmark fell 0.65 percent on Wednesday, losing 21.11 points to close at 3,229.49. Meanwhile, the Shenzhen stock market gained 8.15 points or 0.08 percent, finishing at 10 ... ( read original story ...)
Chinese Stocks End Higher as Investors Await Tariff Developments
Chinese shares ended higher, with the Shanghai Composite Index rising 1.3% to 3270.66. The Shenzhen Composite Index added 2.3% to 1964.55 and the ChiNext Price Index gained 2.8% to 2120.75. Investors ... ( read original story ...)
How China’s government is supercharging the rise of humanoid robots
DeepSeek, a half-marathon of running robots, and ‘sexbot’ advancements are just the tip of the iceberg as China goes all-in on innovation that will reshape local economies. ( read original story ...)
Tesla’s Shanghai energy-storage battery Megafactory to enter operation next week
The Megafactory is the first of its kind to be built by Tesla outside the United States, and is dedicated to manufacturing Megapacks, Tesla's energy-storage batteries. Mass production at the Shanghai facility is expected to fully commence in the first quarter of 2025, Tesla said. ( read original story ...)