Shanghai Composite Index Hits 10-Year High; Asia's Largest Outlet Mall to Open in 2026

Shanghai News
Total 704 words · 3 mins read

Key Takeaways

  • Shanghai Composite Index hit a 10-year high at 3825.76, boosted by AI stocks.
  • Asia's largest outlet mall (over 200,000 sqm) to be completed in Shanghai, 2026.
  • Shanghai Book Fair attracted 382,000+ visitors, generating 64.727 million yuan in sales.
  • Shanghai to issue sixth round of 'Dream Enjoy Coupons' on August 22 via Alipay.
  • Shanghai International Arts Festival, Oct 17-Nov 27, includes Greater Bay Area Culture Week.

Top Stories

Shanghai Composite Index hits 10-year high.

On August 22, 2025, the Shanghai Composite Index reached a 10-year high, closing at 3825.76 points, fueled by investor optimism and AI-linked stocks. The surge was also supported by a report of RMB 500B in stimulus focusing on the digital economy and AI.

Asia's largest outlet mall to be completed in Shanghai.

Asia's largest outlet, over 200,000 square meters, is expected to be completed in Shanghai's Qingpu district in 2026. The second phase of Qingpu Bailian Outlet will connect with the existing first phase, introducing 100 new brands.

Shanghai Book Fair 2025: Successful conclusion and key figures.

The 2025 Shanghai Book Fair concluded on August 19, attracting over 382,000 visitors, with a 28.4% increase year-on-year, and generating 64.727 million yuan in sales. The event, centered in Shanghai, included the Yangtze River Delta Local Chronicles Culture Week and 1,267 reading events.

Shanghai to issue Dream Enjoy Coupons.

The Shanghai International Tourism and Resorts Zone will issue the sixth round of "Dream Enjoy Coupons" on August 22, 2025, at 12:00 noon, expiring on August 28, 2025, at 24:00. Consumers can claim the coupon through Alipay with no geographical restrictions.

Shanghai International Arts Festival: Dates, Events, and Greater Bay Area Culture Week.

The China Shanghai International Arts Festival will be held from October 17 to November 27, 2025, featuring over 1200 shows across 16 venues, including the Guangdong-Hong Kong-Macao Greater Bay Area Culture Week. The Culture Week, opening October 18, will showcase Lingnan culture through performances and exhibitions to promote cultural exchange.

Culture & Events Scene

Shanghai Stadium to host "Teens in Times" concert.

The "Teens in Times" (TNT) "Jia Guan Li" concert in Shanghai will be held from August 20 to 24, 2025, at Shanghai Stadium, expecting 300,000 attendees. Special police measures are in place, and Shanghai Metro will implement enhanced security and extended operating hours.

Shanghai dialect version of 'Song of Everlasting Regret' to be performed.

The Shanghai dialect version of the stage play 'Song of Everlasting Regret' will begin a new round of performances on August 29 at the Shanghai Dramatic Arts Centre. The play features an almost entirely Shanghai-native cast.

Neighborhood Newsfeed

Shanghai authorities crack down on illegal photography solicitation.

On August 15, 2025, Shanghai authorities apprehended twenty-four individuals for illegal photography solicitation on the Bund. Seven were fined, two detained, and police will continue to combat illegal solicitation.

German volunteer starts forest patrol in Shanghai.

On August 22, 2025, Lota, a German volunteer in Shanghai, began his daily forest patrol work as a foreign "River Chief and Forest Chief" in Zhangheng Park, Zhangjiang Town, Pudong New Area.

Shanghai commemorates the 80th anniversary of the victory of the Chinese People's War of Resistance Against Japanese Aggression.

On August 22, an event was held at the Shanghai Symphony Hall to commemorate the 80th anniversary of the victory of the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War. Over 1,200 retired cadres from Shanghai participated in the event.

Shanghai Economy Today

Shanghai's trade adjustment assistance covers over ten thousand enterprises.

Shanghai's trade adjustment assistance services have covered over ten thousand enterprises, including those in textiles, chips, steel, aluminum, chemicals, and photovoltaics. The 2025 Yangtze River Delta International Economic and Trade Risk Prevention and Response and Development Conference was held in Shanghai.

Survey on consumer satisfaction in Shanghai's North Bund business district.

A survey on consumer satisfaction in the North Bund business district was released on August 21, 2025, based on interviews and data collection from May 25 to July 13, 2025. The survey included 34 consumers, including local residents, tourists, and office workers.

Tech Frontier

Shanghai releases tech financial cases.

The Shanghai headquarters of the People's Bank of China released typical cases of science and technology finance in Shanghai, involving sound financial services throughout the life cycle. Shanghai Bank launched the "Lingdong Zhirong" exclusive technology service brand.

Urban Development Watch

Shanghai promotes green shipping.

Shanghai, as the world's largest container port, is a key node in the construction of green shipping corridors. Four green shipping corridors connecting Shanghai Port are on the construction schedule.

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