Shanghai chengtou group

Orient Securities secures regulatory approval to acquire 100% of Shanghai Securities through a $3.8 billion deal involving A-shares and cash. The transaction, announced on October 29, marks another major consolidation in China’s brokerage sector, following recent mergers like Guotai Junan and Haitong Securities. The Shanghai Stock Exchange’s merger review committee approved the acquisition, accelerating the integration of state-owned brokerages.

Oct 2026BigGo FinanceNews article

Researchers at East China University of Science and Technology develop a method to transform food waste into green methanol for maritime fuel. The process achieves full carbon conversion from biogas and reduces production costs by over 30%. This innovation targets sustainable shipping by repurposing organic waste into a cleaner energy source.

Feb 2026chinadaily.com.cnNews article

Shanghai Huayi Industrial Gas Co. Ltd. launches its first 100,000-ton/year green methanol production facility. The project supports low-carbon alternatives for the shipping industry by producing methanol from sustainable sources. This initiative aligns with broader efforts to reduce carbon emissions in maritime logistics.

Dec 2025ChemNet NewsNews article

China’s Shanghai Municipal Investment Group investigates Chairman Jiang Shujie for alleged corruption. Vice President Hu Xin, also linked to Greenland Holdings, confesses in court to receiving **$9.3 million in bribes**. The case highlights high-level graft within state-backed investment entities. Authorities have not yet disclosed further details on the investigation’s scope or potential charges against Jiang.

Aug 2025Caproasia | Driving $28 trillion assets in Asia | The leading financial media platform in Asia covering capital markets, investments & private wealthNews article