Shanghai

New Business

Japan’s budget restaurants, survivors of ‘lost decades’, find fans in China

Students, white-collar workers and families filled the tables during a recent dinner rush at a branch of Saizeriya – a…

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New Business

Chinese stocks: investors study Beijing’s 5-year plan for hints on future market forces

Over the past week, investors hoping for an extension of this year’s blistering, tech-led run on Chinese equities have been…

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New Business

US software firm SAS exits China after 25 years, lays off about 400 staff

US software company SAS Institute has withdrawn from mainland China and dismissed its local staff, according to a Beijing-based employee…

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New Business

BYD quarterly profit tumbles as weak China sales offset overseas gains

The Shenzhen-based company said its profit tumbled to 7.8 billion yuan (US$1.1 billion) in the three months ended September, compared…

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New Business

Chinese EV maker BYD’s sales surge in Europe, narrowing gap with market leader Tesla

Chinese electric vehicle (EV) maker BYD recorded surging sales in Europe last month after it launched more models and expanded…

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New Business

How Shanghai leverages arts and events to fuel tourism and power economic growth

Relaxed visa rules, arts and cultural events, alongside landmark tourist destinations, have become new drivers for Shanghai’s economy as a…

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New Business

Deepexi doubles in Hong Kong debut, as Sany, CIG, Bama mark HKEX’s busiest day since July

Four stocks began trading on the Hong Kong stock exchange on Tuesday, marking the busiest debut day on the bourse…

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New Business

Huawei-powered Chinese EV maker Seres seeks US$1.7 billion in Hong Kong listing

Chinese new energy vehicle maker Seres Group, whose suppliers include Huawei Technologies, filed for an initial public offering (IPO) in…

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New Business

China biotech forum bills antibody cancer drugs as next-generation treatment

Antibody-drug conjugates (ADC), a fast-growing next-generation cancer treatment, have become an investment hotspot due to its potential to become mainstream…

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New Business

Opinion | Amid a wave of foreclosures, China’s homeowners could use a break

Few outside China might know that e-commerce giants Alibaba and JD.com host the country’s largest online platforms for distressed property…

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