Shanghai News
Arçelik inks R&D deal with Chinese university
Arçelik has signed a collaboration protocol with Shanghai Jiao Tong University's Global Institute of Future Technology to enhance its R&D efforts in China. The partnership will focus on smart home tech, data science, robotics, IoT, and sustainable technologies.
AI Startup DeepSeek Plans Shanghai IPO
Chinese AI firm DeepSeek is preparing to list on Shanghai's STAR Market, aiming to raise capital amid a competitive global AI landscape. The move tests new Chinese regulations for funding AI companies before profitability.
Asian Markets Rise on Wall Street Tech Rally
Asian shares saw gains as regional market sentiment was boosted by a rally on Wall Street, primarily driven by technology stocks. Major indices in Japan, South Korea, Hong Kong, and Shanghai traded higher.
Shanghai is a major city in China that hosts a significant stock exchange.
