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Shanghai
TOPIC
 / location

Shanghai

Shanghai
Shanghai
With a population of more than 24 million, Shanghai, is a major centre for finance, business and economics, science and technology, and fashion, among other disciplines. It is home to the Port of Shanghai, the world’s busiest container port, and Shanghai Pudong International Airport, one of the world’s 10 busiest airports by passenger traffic.
Head of Government
Party Secretary of Shanghai Chen Jining
Marcel Wanders believes that design is not about how well a product functions – it’s about culture, creating something unique and not following other people’s rules. Photo: Handout
Architecture and design

Marcel Wanders: from knotted chairs to Moooi’s new Shanghai showroom – interview

The Dutch designer champions fun over mere functionality as he introduces the Moooi brand to China and aims to explore cultural individuality.

China property

Why Shanghai’s property market is rebounding faster than other cities in China

Low-altitude economy

How a WeChat mini-program is helping China fine-tune drone regulation

China property

Food Republic joins wave of foreign brands retreating in China

Singaporean operator leaves capital after 25 years as food court model loses favour amid rise of food delivery, shopping-mall evolution.

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Following the Beijing closure, only four Food Republics will remain in China, all in Shanghai. Photo: Handout
Banking & finance

Why are Asia’s families eyeing liquid assets to secure their children’s wealth?

More of the continent’s parents are providing share portfolios and other assets for their offspring as confidence in property begins to wane.

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China's military weapons

Gu Songfen, pioneering designer of Chinese supersonic fighter jets, dies at 96

The aerodynamics expert was the chief designer of the Shenyang J-8 and a recipient of China’s most prestigious science award.

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Electric & new energy vehicles

Chinese EV makers recover in May but competition fierce amid overcapacity woes

Consumer willingness to embrace new tech, along with cash subsidies from local governments, gave the EV sector a much-needed boost.

A man opens the door of a Zeekr X7 electric vehicle at a showroom in Beijing on February 3, 2026. Photo: AFP
Robotics

Unitree clears Shanghai IPO hurdle as China’s humanoid robot wave gathers pace

Listing plan highlights Unitree’s push to invest more in robot ‘brains’ as it joins competitors in China’s humanoid rush.

China stock market

China index reshuffle to entrench tech trades and boost AI rally: brokerages

Shanghai exchange revamp lifts tech weighting and adds chipmakers, signalling policy support and investor confidence.

China property

China’s property market shows more positive signs with price, sales upticks

Sector has ‘weathered its most severe adjustment’, with overall market sentiment ‘turning noticeably positive’, analyst says.

A view of residential buildings in Shanghai on March 17, 2026. Photo: NurPhoto via Getty Images
China trade

‘Unsustainable’: firms face huge spike in shipping costs amid Hormuz crisis

Shipping lines say they have no choice but to pass on steep cost rises, as the Iran war sparks a fuel crisis that could last well into next year.

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A container ship is moved into position at a port in China’s eastern Shandong province. Photo: AFP
Artificial intelligence

MiniMax debuts AI model built for long and complex coding tasks

Shanghai-based company says M3 can process data five times faster than its predecessor, while also slashing inference costs.

Semiconductors

How US export curbs are forcing China to redesign its AI chip industry

China’s tech giants are pursuing ASICs, a type of custom chip, over generic GPUs dominated by American giants like Nvidia.

China property

With mortgages cheaper than rents, small flats become hot property in China

But bigger down payments mean banks are yet to see a recovery in their mortgage loan businesses.

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Blocks of flats in Shanghai. Photo: JPix/NurPhoto via Getty Images
IPO

AI firm MiniMax prepares for mainland China listing after Hong Kong shares surge

Chinese AI model company hires Citic Securities to prepare a mainland share sale, with the listing venue yet to be confirmed.

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Chinese AI model firm MiniMax has officially started plans to sell shares in mainland China. Photo: Shutterstock
China property

China’s property developers see hope in massive urban renewal plan

Plan for 2026 to 2030 includes upgrades to pipelines, drainage, dilapidated homes, and facilities for education and elderly care.

Electric & new energy vehicles

Premium plan: China’s EV makers pin hopes on higher-margin models

New models from carmakers including Nio and Seres also challenge Tesla’s bestselling Model Y and cars from luxury German marques.

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C-Suite Content Hub

Building Smarter Human Experiences

Yiyin Zhao, Managing Director of Samsung Electronics Hong Kong, champions a “human-centred” approach to innovation by integrating global technological scale with hyper-local insights.

By
SCMP C-Suite
Samsung_Yiyin_The Game Changers
Banking & finance

Mainland Chinese react as Hong Kong tightens access to offshore investing routes

Banks have been ordered to step up checks, part of wider efforts to strengthen oversight of cross-border capital flows.

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Artificial intelligence

China’s MiniMax records 1-million client base, fivefold growth in half a year

Its global user base reaches 300 million while ARR more than doubles in two months, though company reports large total losses.

Hong Kong stock market

Appeal of China assets keeps rising among global investors: JPMorgan

Cohort of international investors considering investing in China rises to 57 per cent from 51 per cent a year ago, survey says.

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A robot demonstrates its kicking ability at the 28th China Beijing International High-Tech Expo (CHITEC) in Beijing on May 8. Photo: EPA
China’s private sector

China’s biotech boom drives surge in home-grown innovative drug approvals

Domestic firms dominate China’s drug approvals amid jump in spending and out-licensing deals as regulator speeds path to market.

Chinese biotech firms struck a record US$60 billion in cross-border licensing deals in the first quarter of 2026. Photo: Getty Images
China trade

Exclusive | China’s date with Dutch trade minister on cards for early July: source

The Netherlands’ trade chief and his delegation will come at a pivotal diplomatic moment, as The Hague faces pressure from US tech-export laws.

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Semiconductors

Huawei seeks to match best chips without best chipmaking gear

China’s tech champion is counting on a new approach to chip design to help it overcome challenges from US sanctions.

Huawei

Meet He Tingbo: Huawei’s ‘chip queen’ trying to rewrite China’s semiconductor playbook

Presentation in Shanghai shows how company is trying to shift conversation from what it cannot buy to what it can still build.

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He Tingbo, chair of the Huawei Scientist Committee and president of the company’s semiconductor business department. Photo: Handout
China food security

China hog prices, near decade low, seen squeezing profits amid deflation risks

Ministry data reveals nine-month slump in breeding stocks while top-listed companies face big financial hits as rising fuel and grain costs erode margins.

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A pig is seen in China’s Hunan province. The price of live pigs in the country remains near a decade low. Photo: SCMP
China's population

How Shenzhen’s growing population defies expectations in China’s changing cities

The global tech powerhouse attracts more workers and has higher birth and lower mortality rates than the national average.

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China stock market

Unitree’s IPO progress spurs stock buying of firms with exposure to robot maker

As the robot manufacturer moves a step closer to its IPO, stocks of its investors and supply chain makers have shot up.

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