Asian markets are mixed in quiet trading, with most of the regions’ benchmarks inching higher after U.S. stocks hit new record highs ... ( read original story ...)
Shanghai Speeds Up Work to Set Up Master Fund for Biopharma, AI, and Chips
(Yicai) May 24 -- Shanghai is accelerating the establishment of a fund of funds to finance startups, including those in the biopharmaceutical industry, one of the eastern city's key sectors, Yicai learned during the 2024 Shanghai International Forum on Biotechnology & Pharmaceutical Industry. ( read original story ...)
Swedish music promoted in Shanghai
The Consulate General of Sweden in Shanghai held an event called "Swedish Music Moments: Hits and Innovations" to introduce and promotes Swedish music to the Chinese and international audience on Wednesday 22 May 2024. ( read original story ...)
Tesla is building a huge battery factory in Shanghai even as trade tensions rise
Shanghai said Friday it had taken both sides only a month ... Speaking in January, Musk said Chinese EV makers could put many of their rivals out of business unless tariffs were raised. “Frankly, I ... ( read original story ...)
China Stocks Decline Amid Global Market Concerns and Military Drills
China stocks dipped on Friday, influenced by positive U.S. economic data suggesting prolonged higher interest rates and China's military exercises around Taiwan. Major indices including the Composite, ( read original story ...)
Tesla slashes Model Y production in Shanghai, data shows
Tesla has cut output of its best-selling Model Y electric car by a double-digit percentage number at its Shanghai plant since March, according to industry data and a source. ( read original story ...)
Shanghai’s innovation center fuels AI large model development
"We have benefited from the presence of many large model enterprises at the center, facilitating horizontal exchanges and broadening our perspectives, including access to leading market insights," said Shen Weifeng, vice-president of HiDream.ai, an early resident specializing in using AI to generate images and videos. ( read original story ...)