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The Latest Breaking News from Shanghai

Who let the snakes out?: Dozens of snake-like eels escape from buckets inside metro in China, video goes viral

A routine metro ride in Nanjing took a decidedly slippery turn after dozens of live rice eels escaped from plastic buckets and began wriggling across the floor of a crowded train carriage. The bizarre scene unfolded on Nanjing Metro Line 2 on August 17, 2026, with passengers suddenly finding themselves…

The Times of India · Aug 19

TI 2026 main event picks: Team Vision is the favorite, but Nigma Galaxy is the story

With eight teams left standing in Shanghai, Team Vision looks like the team to beat — but Nigma Galaxy, Team Liquid, and Team Falcons all have paths to the Aegis.

Dot Esports · Aug 19

Chinese maker of backflipping robots sees shares soar sixfold on stock market debut

Unitree Robotics drew wide attention earlier this year when its G1 models performed backflips and martial arts at China's Spring Festival Gala

The Independent UK · Aug 19

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Tesla Optimus Rival Unitree Robotics Explodes 629% in Shanghai Debut, Briefly Hits $66 Billion Valuation

Shares of Unitree Robotics experienced a massive surge in their Shanghai trading debut on Wednesday, marking an impressive 629% increase from their IPO price.

Benzinga · Aug 19

Global Market: Unitree shares soar nearly six-fold in Shanghai debut as robotics boom gains momentum

Unitree shares surged nearly six-fold in their Shanghai debut, marking a landmark listing for China’s rapidly expanding robotics industry. The strong debut reflects investor enthusiasm for humanoid and quadruped robots as Beijing prioritises robotics as a strategic technology sector, though questions remain over commercial adoption and growing US restrictions.

The Economic Times · Aug 19

Global Market: Chinese stocks slide as semiconductor and robotics shares tumble

Chinese stocks tumbled on Wednesday as semiconductor and robotics shares came under heavy selling pressure, with weak corporate earnings and concerns over the broader economy weighing on sentiment. The CSI300 fell 2.4%, while the Shanghai Composite dropped 2%. Hong Kong shares edged higher. Meanwhile, humanoid robot maker Unitree surged nearly…

The Economic Times · Aug 19

Shares in Chinese humanoid robot maker Unitree soar in Shanghai trading debut

Shares of Unitree, one of China's largest humanoid robot makers, have soared as much as 629% in its public stock trading debut in Shanghai

The Independent UK · Aug 19

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Humanoid-maker Unitree surges more than 600% on Shanghai debut

Shares in Chinese robotics pioneer Unitree soared more than 600% on its debut in Shanghai on Wednesday, after raising more than $900 million in its initial public offering. It also unveiled a new humanoid robot called "Superman" on Monday, touting it as able to jump as high as two metres…

The Economic Times · Aug 19

China's Dancing Robot Star Unitree Heads For A Record IPO. Investors Want In.

Unitree has raised about $905 million ahead of its Shanghai market debut, with demand for shares exceeding the amount available by more than 8,000 times as China pushes deeper into humanoid robotics.

International Business Times · Aug 18

India is unstoppable: Global embassies and missions send heartfelt greetings on 80th Independence Day

India's 80th Independence Day: International ambassadors and diplomatic missions celebrated India's 80th Independence Anniversary with profound greetings. The US Embassy emphasized the remarkable and impactful nature of their ongoing collaboration. Celebrations at consulates in Shanghai and Atlanta included community involvement and vibrant displays of lights. Bangladesh and Israel joined in…

The Economic Times · Aug 15

"Warm congratulations to India": Chinese Ambassador to India Xu Feihong attends Independence Day celebrations at Red Fort

On India's 80th Independence Day, China's Ambassador Xu Feihong offered heartfelt congratulations, showcasing international camaraderie. Despite the rainy weather, the Indian Embassy in Beijing conducted a dignified ceremony. In Shanghai, Consul General Pratik Mathur celebrated with an enthusiastic crowd, undeterred by typhoon conditions. These gestures highlighted India's rising significance on…

The Economic Times · Aug 15

Air India sends legacy B787-8 aircraft to Boeing's Shanghai facility under retrofit programme

Air India is sending its legacy B787-8 aircraft for retrofitting to Boeing's facility in Shanghai. This move aims to expedite the revamp of the airline's wide-body fleet. Currently, three Dreamliners have completed their retrofits, and two are undergoing work. The airline plans to retrofit sixteen Boeing 787-8 aircraft in the…

The Economic Times · Aug 14

Unitree IPO: China’s humanoid robot starset for potentially explosive Shanghai debut

Unitree is set for a highly anticipatedShanghai debut, with private-market prices indicating potentially steep gainsover its 150.8-yuan IPO price. The humanoid robot maker attracted record retaildemand, helped by profitability, strong government backing and a limited IPOfloat. However, high valuations, competition and uncertain commercialapplications pose significant risks.

The Economic Times · Aug 14

Global Market: China, Hong Kong stocks fall as liquidity tightens ahead of Unitree IPO

Chinese and Hong Kong stocks declined Friday as tightening liquidity, cautious positioning ahead of corporate earnings and property-sector weakness weighed on sentiment. The CSI300 fell 0.1%, Shanghai Composite 0.2%, and Hang Seng 0.9%. Hong Kong technology stocks dropped sharply, led by JD.com, while concerns over cross-border taxation and weak domestic…

The Economic Times · Aug 14

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The Economic Times · Aug 13

China chip designer Kiwimoore plans Hong Kong IPO at $2 billion valuation

Kiwimoore plans to list in Hong Kong in the first half of 2027. Founded in early ‌2021, Shanghai-based Kiwimoore makes networking technology used to link artificial-intelligence accelerators inside computing clusters, the company's ⁠website said.

The Economic Times · Aug 12

How China’s big push to win back tourists is paying off

China's tourism sector is experiencing a significant resurgence after pandemic restrictions eased. Visa-free travel policies have attracted millions of foreign visitors, boosting the economy. Social media campaigns and influencer collaborations are drawing younger travelers to new destinations. This inbound tourism boom provides China with a much-needed soft power advantage globally.…

The Economic Times · Aug 11

Once known as ‘Little Taiwan,’ this Chinese fishing village was home to 2,000 people, now a ghost town 40 miles from Shanghai

Houtouwan, a former prosperous fishing village, now stands abandoned and overgrown with vegetation. Residents left due to limited transportation and a lack of essential services like schools. Declining fish stocks also contributed significantly to the village's eventual abandonment. Nature has since reclaimed the empty houses, creating a unique tourist attraction.…

The Independent UK · Aug 11

Hundreds of flights cancelled as Tropical Storm Dolphin dumps more rain in China

Shanghai’s Hongqiao and Pudong airports canceled more than 900 flights, after about 1,300 were canceled the day before

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Bangkok Post · Aug 11

40% of flights grounded in Shanghai as long-lived Typhoon Dolphin moves north

Shanghai airports cancelled nearly 40% of all flights on Monday as heavy rain continued after Typhoon Dolphin made landfall in eastern China on Sunday evening and continued to move north.

Euronews · Aug 11

Hundreds more flights cancelled as Tropical Storm Dolphin causes flooding in eastern China

More than 900 flights, or about 40% of those expected, were cancelled in Shanghai’s Hongqiao and Pudong airports after about 1,300 were canceled the day before, according to Shanghai Airport Group.

The Economic Times · Aug 10

Hundreds more flights are canceled as Tropical Storm Dolphin causes flooding in eastern China

Tropical Storm Dolphin caused hundreds of flight cancellations in Shanghai and widespread flooding. Authorities evacuated over a million people from riskier areas in China. The storm intensified monsoon rains, triggering floods and landslides in the Philippines. Five people died in a landslide in Baguio city after heavy rains. Nearly a…

The Economic Times · Aug 10

Typhoon Dolphin makes landfall in China, thousands evacuated as heavy rain, floods hit east coast: Check latest updates

Hundreds of thousands evacuated as Typhoon Dolphin made landfall on China's east coast. The storm brought heavy rain and flooding to Fujian and Shanghai provinces. Authorities issued warnings for continued torrential rain and potential landslides through Wednesday. The typhoon had previously impacted the Philippines, Taiwan, and Japan. Remnants of Dolphin…

The Economic Times · Aug 10

Global Market: Shanghai, Hong Kong stocks rise as consumer gains offset tech weakness

Shanghai and Hong Kong stocks gained on Monday as consumer and property shares offset weakness in technology stocks. Investors assessed fresh Chinese inflation data, which pointed to persistent deflationary pressures, for clues on Beijing’s policy outlook. Expectations of fiscal support and resilient exports also shaped market sentiment.

The Independent UK · Aug 10

Typhoon Dolphin: More than a million evacuated as China’s most powerful storm of the year makes landfall

Authorities reported no casualties but several state media outlets said a nine-year-old boy was missing after being swept into the sea

The Times of India · Aug 10

Over 1 million evacuated as Typhoon Dolphin hits eastern China; 1,400 Shanghai flights cancelled

More than a million people were evacuated across eastern China, including Shanghai, after Typhoon Dolphin made landfall on Sunday, bringing transport services across the region to a halt and raising fears of flooding and landslides.

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