Shanghai Composite Index Hits 10-Year High; 智元机器人's Humanoid Robot Completes High-Temperature Test
Key Takeaways
- Shanghai Composite Index hits a nearly 10-year high, closing at 3728.03, up 0.85%.
- 智元机器人's humanoid robot completes 24-hour autonomous walking test in high temperatures in Shanghai.
- First low-altitude air route opens between Kunshan and Shanghai, cutting travel to 20 minutes.
- Shanghai Museum to excavate Sekhmet Temple in Egypt with Egyptian Supreme Council of Antiquities.
- Hua Hong Semiconductor plans to acquire equity interests in Shanghai Huali Microelectronics.
Top Stories
Shanghai Composite Index hits nearly 10-year high.
On August 18, 2025, the Shanghai Composite Index reached its highest level in nearly 10 years, closing at 3728.03, up 0.85%. This rise is attributed to investor activity, improved global geopolitics, and expectations of economic stimulus and easing trade tensions.
智元机器人's humanoid robot completes high-temperature test in Shanghai.
On August 18, 2025, 智元机器人's Expedition A2 humanoid robot completed a 24-hour autonomous walking test in Shanghai's Pudong New Area, enduring high temperatures above 35°C. The robot has accumulated over 3000 hours of walking, and 智元机器人 simultaneously launched six product lines on its official and 京东 stores.
First low-altitude air route opens between Kunshan and Shanghai.
On August 18, 2025, the first low-altitude air route connecting Kunshan and Shanghai was officially opened, allowing travel between the two cities in just 20 minutes. The route connects Kunshan, Shanghai city center, and Pudong International Airport, forming a three-dimensional transportation system.
Shanghai Museum to excavate Sekhmet Temple in Egypt.
The Shanghai Museum will collaborate with the Egyptian Supreme Council of Antiquities to conduct archaeological excavations at the Sekhmet Temple in Memphis, Egypt. The team, led by Chen Jie, will depart for Egypt in October for a two-month excavation season.
Hua Hong Semiconductor plans to acquire Shanghai Huali.
On August 18, 2025, Hua Hong Semiconductor, China’s second-largest contract chip manufacturer, plans to acquire equity interests in sister foundry Shanghai Huali Microelectronics for an undisclosed sum. Hua Hong's Hong Kong-listed shares closed down 6.20 per cent to HK$48.12 on the same day.
Community & Education
Pudong New Area expands child-friendly reading spaces.
During the 2025 Shanghai Book Fair, Pudong New Area was awarded for its latest three child-friendly urban reading spaces, bringing the total to 28. These spaces total 15,500 square meters with over 2,000 seats and various resources, and Pudong plans 300 events by year-end.
Shanghai Charity Volunteer Service Team celebrates 20th anniversary.
On August 18, 2025, the Shanghai Charity Volunteer Service Team celebrated its 20th anniversary and held a commendation event for outstanding charity volunteers of 2023-2024. Founded in 2005, the team has grown to over 74,000 registered volunteers across 170+ teams.
Culture & Events Scene
Shanghai Museum's Egyptian exhibition concludes.
The Shanghai Museum's 'Ancient Egyptian Civilization Exhibition' concluded after 13 months, attracting over 2.77 million visitors. The exhibition, which opened on July 19, 2024, featured 788 artifacts and was divided into three sections.
Wuzhen Reading & Literary Festival concludes.
The Wuzhen Reading & Literary Festival, a branch event of the Shanghai Book Fair, will wrap up on Tuesday, August 19, 2025. Authors and scholars participated in panel discussions on literature, culture, and migration, integrating reading into everyday life and tourism.
Rodin's The Walking Man on display in Shanghai.
Auguste Rodin's bronze sculpture, The Walking Man, is on display at the China Art Museum in Shanghai until September 26, 2025. The exhibition is part of the Centre d'Art Rodin in Shanghai's collection, and the museum has received over 1 million visits in 2025.
Urban Development Watch
Shanghai Metro Line 23 and Line 13 East Extension progress.
On August 17, 2025, the Shanghai Metro announced new progress on Line 23 and Line 13 East Extension, with shield construction starting on multiple sections. The Line 13 East Extension project includes 2 stations, 2 shafts, and 3 sections, with a total length of about 4.52 kilometers.