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The Latest Breaking News from Shanghai

China issues red alert as Typhoon Dolphin hits its eastern coast

China issued its highest red alert as Typhoon Dolphin made landfall in Zhejiang province. This severe typhoon brought heavy rainfall and extensive impacts across multiple eastern regions. Airports in Hangzhou and Shanghai cancelled hundreds of flights due to the storm's severity. Authorities urged strict precautions against potential disasters triggered by…

The Economic Times · Aug 9

In 2010, Shanghai turned a polluted industrial brownfield into Houtan Park; its wetlands now clean up to 634,000 gallons of river water a day

Shanghai’s Houtan Park showcases the remarkable transformation of a contaminated industrial site into a thriving wetland that effectively purifies river water daily. The design cleverly integrates recycled materials, honoring local heritage while addressing waste reduction. Its ecological contributions include carbon sequestration and supporting wildlife recovery, setting a benchmark for urban…

The Times of India · Aug 9

Shanghai cancels 1,300 flights as Typhoon Dolphin hits China's eastern coast

Typhoon Dolphin made landfall on China's eastern coast Sunday evening. Over 300,000 people were preemptively relocated before the storm arrived. Shanghai's two major airports canceled more than 1,300 flights due to the typhoon. The storm brought heavy rains and strong winds to Zhejiang and Fujian provinces. Forecasters predict significant rainfall…

The Economic Times · Aug 9

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Flight cancellations, evacuations in China as Typhoon Dolphin looms

Typhoon Dolphin is poised to strike China's eastern coast with heavy rains. Over one thousand flights have already been cancelled in Shanghai and Hangzhou. Authorities have issued a top-level red typhoon alert for affected provinces. Nearly one hundred thousand people were relocated from risky areas in Fujian province. Typhoon Dolphin…

The Economic Times · Aug 9

Shanghai cancels 1,300 flights and relocates 300,000 people as China prepares for Typhoon Dolphin

Outer bands of storm hits northern Taiwan, including the capital Taipei, bringing rain

The Independent UK · Aug 9

Typhoon Dolphin: Shanghai airports cancel 1,300 flights as China evacuates thousands

Shanghai's two airports cancelled more than 1,300 flights on Sunday as China stepped up preparations for Typhoon Dolphin, which brought heavy rain to northern Taiwan and threatened to cause flooding and landslides along China's eastern coast.

The Times of India · Aug 9

DeepSeek invests $20.8 million in Unitree's Shanghai IPO

Chinese AI firm DeepSeek invested significantly in robot maker Unitree. They will jointly develop advanced AI models for humanoid robots. This partnership combines AI expertise with mechanical engineering capabilities. The collaboration aims to overcome challenges in robot autonomy and understanding. Both companies are based in China's eastern tech hub Hangzhou.

The Economic Times · Aug 6

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Chinese robot maker Unitree seen worth over $7.4 billion after IPO, Citic says

Unitree Technology expects a valuation exceeding fifty billion yuan after its Shanghai IPO. The robot maker aims to raise funds for innovation and production expansion. This listing occurs amid heightened tech rivalry between China and the United States. Washington has recently restricted advanced foreign-made robots from U.S. sales. Unitree will…

The Economic Times · Aug 4

ANA flight makes evasive manoeuvre before landing at Tokyo's Haneda airport

An All Nippon Airways flight from Shanghai made an evasive manoeuvre while approaching Haneda airport around 6am (4am Thailand time) on Tuesday, the company said.

Bangkok Post · Aug 4

Cosplayers perform and pose at ChinaJoy gaming festival

Cosplayers in elaborate costumes gather at ChinaJoy in Shanghai, where gaming fans meet characters inspired by popular video games.

Euronews · Jul 31

Elon Musk dismisses reports on Tesla weighing sale of China business

Elon Musk has dismissed reports suggesting Tesla might sell its China operations. These reports indicated a potential merger between Tesla and SpaceX was being considered. Tesla's Shanghai Gigafactory is a crucial production and export hub for the company. China remains Tesla's second-largest market globally, facing local competition. Regulatory hurdles and…

The Economic Times · Jul 31

A taste of Ningbo and Chaozhou

With it being recently reported that China is the top overseas destination for Thai travellers, it is time to get to know the cuisine better.

Bangkok Post · Jul 30

CXMT's 466% listing pop makes it China's most valuable firm

CXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia's largest this year, boosting the chipmaker's valuation. The company is now China's most valuable listed firm, surpassing a major bank. Investor interest stems from exposure to the current memory supercycle. This strong performance occurred despite…

The Economic Times · Jul 28

EXCLUSIVE: Why TEMA ETF Is Buying China’s Memory Champion Without Selling Micron

China’s newest memory champion – ChangXin Memory Technologies (CXMT) – is finally public on the Shanghai market.

Benzinga · Jul 27

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Tom’s Hardware · Jul 27

China begins mass production of homegrown immersion chipmaking machines in major breakthrough, report claims — first DUV lithography units will be delivered this year to SMIC, Hua Hong, and CXMT

A state-backed company in Shanghai has begun mass-producing immersion deep ultraviolet lithography machines and is due to deliver the first units this year.

Bangkok Post · Jul 27

China charges alleged scam kingpin Chen Zhi with intentional injury

SHANGHAI — Alleged scam-network mastermind Chen Zhi could face the death penalty, with Chinese prosecutors adding intentional injury to the list of charges against him.

International Business Times UK · Jul 27

CXMT IPO Debut: China's $8.6B Memory Listing Hits Shanghai as RAM Shortage Lifts UK Laptop and Phone Prices

CXMT's record-breaking IPO impacts British retailers as the memory chip shortage drives up prices. Learn which UK retailer secured stock early and what this means for consumers.

Benzinga · Jul 27

China’s Biggest Chip IPO Creates a $500 Billion Rival for Micron as Apple Reportedly Tests CXMT Memory Chips

China’s premier semiconductor manufacturer, ChangXin Memory Technologies (CXMT), skyrocketed in its Shanghai stock market debut to surpass a $500 billion valuation.

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Tom’s Hardware · Jul 27

Chinese memory maker CXMT posts blistering 466% leap in Shanghai IPO — bulk of spending to be focused on DRAM production, no HBM in sight

The prospectus splits 29.5 billion yuan across three projects.

Euronews · Jul 27

China memory chipmaker CXMT's shares soar in blockbuster listing

Shares of CXMT, China's largest memory chipmaker, soared on Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years.

The Economic Times · Jul 27

Explainer: Why investors are betting big on China’s chipmaker CXMT

China's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shanghai debut. The blockbuster listing, Asia's largest IPO this year, highlights strong investor confidence in China's semiconductor ambitions as Beijing pushes for greater technological self-reliance amid global chip competition.

The Economic Times · Jul 27

Global Market: China stocks rise as CXMT's blockbuster debut lifts market sentiment

Chinese stocks recovered on Monday after a strong debut by memory chipmaker CXMT Corp. The benchmark CSI300 Index and Shanghai Composite Index saw gains amid investor optimism. CXMT shares surged significantly, briefly making it China's most valuable listed company. Regulators introduced supportive measures to stabilize markets after recent sharp selloffs.…

The Independent UK · Jul 27

Oil prices sink 4% while Asian shares gain as Chinese chipmaker CXMT soars in Shanghai trading debut

Shares are mostly higher in Asia as oil prices slipped more than 4% after the U.S. and Iran paused their attacks for a second night

The Independent UK · Jul 27

How memory chipmaker CXMT became the most valuable company in mainland China

CXMT becomes China's most valuable listed company after blockbuster Shanghai debut

The Economic Times · Jul 27

Global Market: CXMT shares soar 470% in Shanghai debut, becomes China's most valuable listed company

CXMT Corp shares surged dramatically on their Shanghai trading debut. The memory chipmaker's stock price increased by as much as 470%. This surge briefly made CXMT China's most valuable listed company. The blockbuster listing offers investors a test of appetite for the semiconductor sector. CXMT raised over $8 billion through…

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