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China’s electronics sector edges out banking in A-share market cap

China’s electronics sector became the largest industry by total market capitalization in the A-share market last year, overtaking the banking sector, Chen Huaping, vice-chairman of the China Securities Regulatory Commission, said at the 30th China Capital Market Forum (2026) in Beijing on Sunday. “The number of technology companies among the top 50 A-share firms by…

Chinese firms showcase tech vitality, innovation at 2026 CES

Visitors experience smart glasses at TCL’s exhibition area during the 2026 Consumer Electronics Show in Las Vegas, the United States, on Jan 6. ZENG HUI/XINHUA Chinese technology companies demonstrated their latest technological achievements and innovative products, including artificial intelligence, robots, wearable devices and immersive entertainment products, at the 2026 Consumer Electronics Show, the world’s premier…

RemeGen shares trade over 9% amid AbbVie licensing deal

A RemeGen office building in Yantai, Shandong province [Photo/remegen.cn] RemeGen shares surged more than 9 percent in Hong Kong trading as of 10 am Tuesday, leading a broader rally among pharmaceutical stocks, after the Chinese biotech firm secured a massive licensing agreement with US drugmaker AbbVie. In a statement released on Monday, AbbVie said it…

Xiaomi unveils ambitious EV roadmap for 2026

Customers check out a Xiaomi YU7 electric vehicle at a Xiaomi Auto store in Hangzhou, Zhejiang province, on Jan 4. LONG WEI/FOR CHINA DAILY Xiaomi Corp has announced an ambitious strategic roadmap for 2026, targeting annual sales of 550,000 vehicles. This plan follows a remarkably strong performance in 2025, when the company delivered approximately 410,000…

Satellite industry set for rapid expansion

China has filed plans with the International Telecommunication Union to deploy over 200,000 low-Earth-orbit satellites across roughly 14 constellations, a record-breaking move as major powers race to secure scarce orbital slots and radio spectrums. Data published on the ITU website showed that China submitted filings covering roughly 14 constellations, the largest number the country has…

City eyes eVTOL dominance positioning

An eVTOL aircraft on display during an expo in Shanghai. YIN LIQIN/CHINA NEWS SERVICE With favorable policies, abundant capital and unique airspace, Shanghai is expected to develop into a “world capital of the electric vertical takeoff and landing sector”, industry experts said. On Jan 4, the Shanghai Municipal Commission of Economy and Informatization, together with…

Shanghai facilitates reinvestments in China for MNCs

The view of Shanghai’s CBD is seen in this photo. [Photo/VCG] Shanghai’s continued efforts to improve its business environment will further consolidate its appeal to multinational companies, facilitating the city’s high-quality economic growth, said officials and experts. Their comments were made after the Shanghai municipal government released a set of 20 new measures on Jan…