A second LNG tanker, GasLog Shanghai, was struck by a projectile off Oman in the Strait of Hormuz, extending QatarEnergy's force majeure deliveries and causing insurance premiums to climb. This follows a previous attack on July 7 and impacts Qatar's vital LNG exports.
China's first high-altitude variant of the C919 narrowbody jet completed its maiden test flight at Shanghai Pudong International Airport, marking a step forward in the home-grown aircraft's challenge to Boeing and Airbus and aiming to meet demand in western China.
World number one Judd Trump defeated Kyren Wilson 11-6 to win the Shanghai Masters for the second time, securing the first major title of the 2026-27 snooker season. Trump collected £210,000, while Wilson, the 2025 champion, received £105,000.
Ein Mädchen namens Mei starb in Shanghai nach einer Gentherapie. Übersteigerter Fortschrittsglaube, ehrgeizige Mediziner und laxe Wissenschaftsaufsicht werden als Ursachen genannt. Chinas Genforschung steht erneut in der Kritik.
China's CXMT IPO and reported development of deep-ultraviolet lithography tools caused global AI-linked stock drops, particularly for chipmakers like Nvidia, SK Hynix, and Samsung. While CXMT's DRAM chips are complementary to GPUs, China's DUV tools pose a long-term challenge to ASML and potentially Nvidia, leading to significant market jitters.
The public listing of Shanghai Jiushi Dongyu Culture, Sports & Tourism Group on the Shanghai Stock Exchange is viewed as a landmark precedent for China to experiment with a market-driven sports model. An industry expert believes this state-owned entity's consolidation of major international events will enhance the fan experience.
Defending champion Kyren Wilson defeated Zhao Xintong 10-8 in a thrilling Shanghai Masters semi-final, overcoming an 8-6 deficit to win the last four frames. He will now compete against world number one Judd Trump in Sunday's final for the £210,000 prize.
Chinese scholars, including Shanghai Academy of Natural Sciences president Lu Bai, discussed with Wired co-founder Kevin Kelly the challenges hindering China's scientific and tech progress, citing growing external resistance, a narrowing path for replication, and internal institutional rigidities.
Chinese tech investors are receiving stern warnings against using leverage and blindly chasing hot topics after the US-based AI hedge fund Situational Awareness collapsed, offloading billions in tech shares at a steep discount due to AI stock volatility and unmet collateral demands.
Shanghai-based RedNote plans a 600MW data center project in Ulanqab, China, with a budget of around 15 billion yuan ($2.2 billion). The company is in talks with VNET for the buildout, targeting delivery in Q1 2027, as China encourages private investment in computing infrastructure.
World number one Judd Trump defeated world champion Wu Yize 10-6 to advance to his fifth Shanghai Masters final. The Englishman, who won in 2024, will face either Kyren Wilson or Zhao Xintong in Sunday's best-of-21 decider.
Unitree Robotics, a Hangzhou-based firm, announced its initial public offering (IPO) on Shanghai's Star Market next week, planning to sell 40.45 million shares. This move is part of a broader trend among Chinese robotics start-ups racing to go public amidst intense rivalry with US counterparts.
Hong Kong seeks to become a permanent host for fencing's elite Grand Prix circuit, with an inaugural event in May. The city replaced Shanghai due to declining standards, and FIE officials praised Hong Kong's World Championships staging, seeing it as a logical Asian option.
Analysts caution that China's reported production of home-grown immersion DUV lithography machines, though a concern, does not immediately threaten ASML's dominance due to the complexity of achieving commercial viability.
China's advancements in semiconductors and AI model development are poised to disrupt the global AI tech landscape, offering cheaper alternatives that could erode the margins of current US tech leaders.
ChangXin Memory Technologies (CXMT) debuts on Shanghai exchange with a 466% share price surge, achieving a market capitalisation of 3.28 trillion yuan, surpassing all mainland China onshore listings. The semiconductor firm's unprecedented trading volume exceeded 140 billion yuan, prompting regulatory meetings to address market stability concerns.
An unnamed Shanghai-based company aims for an IPO by year-end, driven by Beijing's semiconductor self-reliance initiative amidst ongoing US export controls.
Naval analysts have identified what appears to be a new class of Chinese submarine, first reported in early June. High-resolution images from May 29 show the boat, estimated at 120 meters long, on a floating dock, suggesting a new design with a reduced sail.
While on a business trip in Yunnan, China, Chen Jie helped a Taiwanese tourist, Fei, take photos. During their casual conversation, they discovered they shared the same ancestral hometown, Puyuan, leading to the realization that they were long-lost relatives.
China has unveiled "Xingshu," a new space-based AI computing network aiming for ~1,000 satellites to process data in orbit, offering on-demand services for sectors like energy and finance, and providing disaster warnings.
The Pentagon has added Fudan University and Shanghai Jiao Tong University to a list of 88 foreign institutions deemed a threat to US national security, barring US Department of Defence-funded researchers from collaboration starting in fiscal year 2026.
Zhibao Technology Inc., a Nasdaq-listed Chinese InsurTech company, announced a non-binding term sheet to receive approximately 3,500 Bitcoin ($220M) as payment in a PIPE financing. The deal would give buyer Joyertech and Information OPC majority control of Zhibao.
Shanghai is introducing measures to boost its technology sector, including dedicated funds for "choke point" technologies, new channels for offshore yuan investment via QFLP, and allowing pre-profit AI and nuclear fusion firms to list on its tech board.
Shanghai, home to the world's largest container port, has released a five-year plan to enhance its shipping services sector, leveraging AI and automation. The strategy aims to expand value-added industries like financing, insurance, and legal services, intensifying competition with hubs such as Hong Kong, Singapore, and London.
