China’s wealth management funds are racing to capitalize on the booming IPO market, rapidly expanding allocations to new-share subscription strategies as they seek higher returns and stronger exposure to the country’s emerging growth sectors. Against a backdrop of narrowing fixed-income yields, the “fixed income plus IPO subscription” model is quickly becoming a favored strategy for…
As part of a broader effort to optimize the nation’s trade structure, China’s foreign trade is gaining fresh momentum, with services emerging as a new driver of growth, supported by a steady rise in exports of knowledge-intensive services and a surge in inbound tourism, experts said. Their comments came on the heels of recent data…
China’s latest move to regulate outbound investment will bolster high-level opening-up, expand international investment cooperation and better safeguard the legitimate rights and interests of Chinese companies operating overseas, said market watchers and business leaders. On Monday, a new regulation on outbound investment was unveiled by the State Council, China’s Cabinet, which will take effect on…
US chip maker Nvidia announced on Monday that it has teamed up with Chinese humanoid robot maker Unitree Robotics to launch its first-ever robotics system, which will be sold to researchers at institutions such as Stanford University. The system features Unitree’s nearly six-foot-tall H2 humanoid robot, integrated with Nvidia’s Jetson Thor hardware — including its…
Chinese humanoid robot maker Unitree Robotics won approval from the Shanghai Stock Exchange’s listing committee on Monday for its planned STAR Market initial public offering. The move marked one of the fastest IPO reviews in China this year as investors pile into the country’s fast-growing robotics sector. The Shanghai Stock Exchange said Unitree’s listing application…
Tony Xu, founder and CEO of Shanghai-based new energy company Sigenergy, delivers a speech at a news conference held in Shanghai, on May 29. [Provided to chinadaily.com.cn] A latest white paper, jointly released by Shanghai-based new energy company Sigenergy and market consultancy Frost & Sullivan on May 29, has highlighted that the rapid development of…
label”).text(“Enter search term”); } }); ]]> Search by keyword Enter search term Search = 768 ? true : false; /* Set the width of the sidebar to 250px and the left margin of the page content to 250px */ function openNav() { if(screen.width >= 768){ $(“#facets”).css(“width”, “30%”); $(“#search-results-container”).css(“width”, “69.9%”); $(“#search-results-container”).css(“padding-left”, “3%”); } else { $(“#facets”).css(“width”,…
label”).text(“Enter search term”); } }); ]]> Search by keyword Enter search term Search = 768 ? true : false; /* Set the width of the sidebar to 250px and the left margin of the page content to 250px */ function openNav() { if(screen.width >= 768){ $(“#facets”).css(“width”, “30%”); $(“#search-results-container”).css(“width”, “69.9%”); $(“#search-results-container”).css(“padding-left”, “3%”); } else { $(“#facets”).css(“width”,…
Sales of Chinese-branded NEV passenger vehicles accounted for 22.8 percent of overseas markets during the first four months of 2026, up 8 percentage points from the same period last year, according to data released by the China Passenger Car Association (CPCA) on Monday. The gains have been particularly notable in emerging markets. Chinese NEVs now…
The service industry, which is already an important growth engine for Shanghai, should become more digitalized, standardized, integrated and international to further improve the city’s economic resilience and its capacity to allocate service resources worldwide. These goals are included in the city’s 15th Five-Year Plan (2026-30) for the service industry, which was released on Monday.…