Shares of other brewers include China Resources Beer and Beijing Yanjing Brewery, which both gained more than 7 percent.
Shanghai Jiongling Information Technology is one such startup using Microsoft's cloud computing architecture for city management. The company's deployment of more than 40,000 IoT-enabled objects can send signals to detect suspicious activity and report to police.
Shantou also attaches great importance to a favorable business environment. It came up with the idea of "response within 24 hours" in 1987, meaning that administrative bodies must respond for business inquiries within a day.
Shares of the Shanghai-based company rocketed by more than 40 percent on its first trading day on Thursday, putting its founder Colin Huang among the ranks of the world's billionaires at the age of 38.
Shanghai will take concrete steps to improve services for sectors including finance, shipping and technology innovation in a bid to develop the brand of “Shanghai Service”, according to officials.
Shanghai police have cracked a murder case dating back to the early 1990s thanks to a recently discovered biological match with an ex-convict in Shandong province.
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Shares of Tencent closed at HK0 per share, which puts its market value at 0.7 billion. It became the sixth ranking company in market value in the world, the company said.
Shanghai authorities will enhance research and development in areas such as big data, artificial intelligence, blockchain, cloud computing, 5G and quantum computing, the guideline said.
Shanghai's metro system is one of the longest in the world. [Photo provided to China Daily]
Sexual assault charge