Shanghai
TechnologyBusiness
ByteDance AI Drug Unit Raises $290 Million at $1.5 Billion Valuation
Chinese internet company ByteDance has completed a $290 million fundraising for its artificial intelligence drug discovery unit, Anew Labs, following its separation from...
WorldSecurityTechnology
DeepSeek Taps CITIC Securities for Planned Shanghai IPO
Chinese artificial intelligence startup DeepSeek has hired CITIC Securities to prepare for a potential listing on Shanghai’s STAR Market, with the company aiming...
WorldBusinessTechnology
China’s CXMT Plans Second Beijing Memory Chip Plant Amid Expansion Drive
China's largest memory chipmaker by market value, ChangXin Memory Technologies (CXMT), is considering building a second memory chip manufacturing plant in Beijing and...
Environment & ClimateWorld
Heavy Rain Floods Parts of Shanghai as Storm System Sweeps Across Eastern China
Heavy rainfall flooded roads across Shanghai over the weekend as a powerful storm system moved across eastern China, disrupting traffic and prompting authorities...
