Stories from Shanghai · China

A student from Shanghai University of Political Science and Law, identified as Shen, was expelled for secretly filming in restrooms.

Shanghai is increasing investment in future industries through a dual-drive approach combining capital and industry. Shanghai has 26 ride-hailing platforms and issued 142,200 vehicle permits and 394,900 driver permits as of April 30.

A managerial tactic described as 'hitting with a slap, giving a sweet date' involves leaders criticizing subordinates' work extensively before concluding that they are diligent.

The Financial Technology ETF (159299) saw its underlying index rise nearly 1% due to dual catalysts of policy and technology.

Profits for listed companies in China have reached a 12-quarter high, with earnings growth at 15.1% in fiscal year 2026, fourth quarter results show. This marks the highest growth rate in three years. This indicates a improvement in corporate earnings over the past three years.

A fund dumped $24 million of a China education stock while maintaining a large stake in TAL. This move could pressure Chinese education shares and related ETFs, indicating sector volatility.

Qian Yonggang, son of scientist Qian Xuesen, stated that his father never said, 'No matter how stupid a person is, they can't fail to learn calculus.' This quote has become widely circulated online.

AI firm MiniMax is preparing a listing in Shanghai after its shares surged following a Hong Kong IPO. This move aims to give onshore investors access to AI players beyond chipmakers. The company has signed agreements for this listing.

Shanghai has added a new 5A-rated tourist attraction, bringing its total to three.

Chinese solar module producers have experienced cumulative losses approaching $5 billion since early 2024. Module prices have dropped by 60% since 2023, significantly impacting manufacturer margins.