Business
Magnum pins growth on Chinese cravings for sweet indulgence - May 24, 2026
At a sprawling factory in Taicang, Jiangsu province, Peter ter Kulve, CEO of The Magnum Ice Cream Company, watched as a robot dog patrolled the factory complex. Nicknamed Ne Zha, the robot conducts 24/7 safety inspections — monitoring temperatures, checking compressor systems and feeding real-time data to the team.
Chinese flash memory giant YMTC starts Shanghai IPO preparations - May 21, 2026
Yangtze Memory Technologies, China’s leading flash memory chipmaker, has begun preparations for an initial public offering on Shanghai’s Nasdaq-like Star Market.
Borouge sees China as hub of innovation - May 21, 2026
China is no longer just a super-sized market — it is rapidly transforming into a dynamic innovation hub where global companies come not only to sell, but to create and collaborate.
Firms based in Hongqiao International Central Business District enjoy exceptional growth thanks to its location - May 21, 2026
The Shanghai Hongqiao International Central Business District, a core area of the Hongqiao International Opening-up Hub, celebrated five years of remarkable growth in April.
Shanghai’s small-home buyback program gains traction with 523 units acquired - May 21, 2026
The initiative Shanghai launched in February for the local government to buy small pre-owned homes and convert them into affordable rentals while helping to reinvigorate the Chinese city’s property market is off to a flying start, with plans to expand it.
Shanghai home to nearly half of China's public fund managers - May 21, 2026
Shanghai is home to 75 public fund managers at the end of April, accounting for 45 percent of China's total and ranking first nationwide, according to data from the Shanghai Securities Regulatory Bure
AMD CEO predicts AI user boom over next five years - May 20, 2026
Lisa Su, chief executive officer of Advanced Micro Devices, forecast explosive adoption of artificial intelligence over the next five years at the US semiconductor giant’s AI conference in Shanghai.
China's Kelin Electric to buy controlling stake in humanoid robot startup for up to USD44.1 million - May 20, 2026
Kelin Electric, a Chinese smart power system supplier, said it will invest as much as CNY300 million (USD44.1 million) to acquire a controlling stake in a domestic humanoid robot startup to expand into the robotics sector.
Embodied AI startup Deep Robotics moves closer to Shanghai listing - May 20, 2026
Deep Robotics Technology, a developer of embodied artificial intelligence and one of Hangzhou’s so-called “Six Little Dragons,” has had its application for a Shanghai initial public offering accepted.
Apple flavor to buy NovoSana's China assets for up to USD66 million in health supplements push - May 20, 2026
Apple Flavor & Fragrance Group will spend a maximum of CNY450 million (USD66 million) to acquire all the China assets of the Netherlands’ NovoSana (Europe) to enable the Chinese food ingredients supplier to expand into the nutritional and health supplement raw materials sector.
