At a recent gathering of company employees from R&D and tech, the Technology Conference 2024 held at its global headquarters, Shanghai, Shanghai Electric (SEHK:2727, SSE:601727) revealed ambitious ... ( read original story ...)
Guangdong’s AI industry reaches US$25 billion as province competes with Beijing, Shanghai
Shenzhen’s AI industry accounts for more than 40 per cent of Guangdong’s output, but Beijing still reigns with AI output worth US$34.9 billion. ( read original story ...)
China’s treasury market rattled as central bank squares off with bulls
Chinese government bonds fell sharply on Monday following a turbulent week in which the central bank started intervening heavily to stem a plunge in long-dated yields even as the economy is struggling ... ( read original story ...)
China stocks, yuan ease despite regional rebound; yields rise on bank selling
China stocks struggled to rise on Tuesday despite the rebound in regional markets as investors remain concerned about its lagging economic recovery. ( read original story ...)
Shanghai’s wealthy upgrade to new luxury homes despite property market downtrend
Sales of luxury homes in Shanghai are soaring as rich individuals, undeterred by China real estate market’s slump, purchase newly built units in prime locations. The city saw 1,544 luxury homes sold ... ( read original story ...)
Shanghai Disney Resort adding Spider-Man-themed roller-coaster ride to its web of appeal
The forthcoming attraction, which will offer guests a high-speed, fully immersive experience, is based on the popular Marvel Super Heroes. ( read original story ...)
US’ Invista More Than Doubles Output at Shanghai Nylon 66 Polymer Plant
“China is expected to become the global center of demand for Nylon 66,” said Nancy Kowalski, executive vice president of Invista’s global upstream nylon business. Nylon 66 is a lightweight, ... ( read original story ...)