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Posted on 26/06/2025

Hong Kong’s de facto central bank intervenes as Hong Kong dollar hits weak end of trading range

Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollar against the Hong Kong dollar, which hit the weak end of its trading band. The city's currency is pegged in a narrow ... ( read original story ...)

Posted on 26/06/2025

World-first ship-to-ship CO₂ transfer completed in Shanghai without using port or pipes

In a world-first, Shanghai pulled off the first ship-to-ship transfer of liquid CO₂, marking a breakthrough in maritime decarbonization and turning ship emissions from waste into commodity. The ... ( read original story ...)

Posted on 26/06/2025

Andy Murray confident Wimbledon statue will be improvement on Shanghai Masters’ infamous terracotta warrior

Former world No. 1 Andy Murray says he is confident his statue at Wimbledon, set to be unveiled at the 150th edition of the championships in 2027, will be an improvement on the infamous terracotta ... ( read original story ...)

Posted on 25/06/2025

Blacklisted Chinese GPU makers line up to file for IPOs as US sanctions and trade war take toll on AI hardware market

Amid rising demand for AI hardware in China and U.S. sanctions, China's GPU industry is rapidly expanding, with companies like Biren, Moore Threads, MetaX, and Zhaoxin pursuing IPOs to secure funding ... ( read original story ...)

Posted on 25/06/2025

Shanghai Electric ratings upgraded to Baa2 by Moody’s

Investing.com -- Moody’s Ratings has upgraded Shanghai Electric Holdings Group Co., Ltd. (SEGC) and its key subsidiary, Shanghai Electric Group Company Limited (SHE) to Baa2 from Baa3, with the ... ( read original story ...)

Posted on 25/06/2025

EXCLUSIVE: Louis Vuitton’s Latest Store Is a Futuristic Boat Docked in Downtown Shanghai

The maritime-themed landmark — featuring retail, a café and an exhibition — will make its debut on Thursday, followed by a 24-hour event program. ( read original story ...)

Posted on 25/06/2025

Chinese GPU startups rush to IPO as US sanctions bite

As the global race for AI computing power heats up, Chinese GPU startups are rushing to go public. Companies such as Moore Threads, MetaX Integrated Circuits (Shanghai) Co., Shanghai Enflame ... ( read original story ...)

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