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Global business leaders share ideas on AI-driven growth in Shanghai

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SHANGHAI, Oct. 12, 2026 /PRNewswire/ — A news report from english.shanghai.gov.cn

Shanghai should better leverage artificial intelligence to integrate services with manufacturing and consumption and nurture more growth engines, experts and executives from leading multinational companies said.

The comments were made during the 38th meeting of the International Business Leaders’ Advisory Council for the Mayor of Shanghai, held on Oct 11 under the theme of promoting innovation-driven development of the service sector.

Initiated in 1989, the IBLAC has grown into a think tank for Shanghai mayors, with 42 multinational executives from 14 countries attending this year’s edition.

Shanghai has a unique advantage to better leverage technology thanks to its strong industrial base, its close ties with the rest of the Yangtze River Delta region and a mature service industry, Mohamed Kande, global chairman of PwC, said.

He suggested Shanghai connect technologies, research and capital with international service providers to address real-economy challenges.

Sir Martin Sorrell, founder and executive chairman of S4 Capital and former chairman of IBLAC, said that Shanghai is becoming a testing ground for global AI governance and the intelligent transformation of the services sector.

For the global service sector, AI has seen its role transitioning from an efficiency tool to a “value-chain restructurer”. Shanghai should thus further align with international rules, facilitate data flow, open up more application scenarios, build up a more talent-friendly ecosystem and seek international coordination to make it a global innovation hub for AI-empowered services, he suggested.

Applauding Shanghai’s strong manufacturing foundation as well as a rich pool of AI companies, professional service providers, multinational companies and long-term capital, Zhang Lei, founder and chairman of Hillhouse Investment, said that the city should attach greater importance to the real deployment of AI.

More key scenarios that affect companies’ operations should be opened up. Shanghai should also cultivate a group of forward-deployed engineers and professional service enterprises that understand both AI and industries. In this way, more AI applications and service capabilities successfully tested in the Chinese market can go global from Shanghai, he said.

According to Gary S. Guthart, executive chair of the board of directors at Intuitive Surgical, combining high-quality medical data with AI and robotics can create new frontiers in medical care. Shanghai has unique advantages for such transformation by piloting the development of high-quality datasets for robot-assisted surgeries, experimenting with new approaches for secure medical data sharing, and building a “Shanghai model” for the responsible use of medical data that can be replicated nationwide.

Jean-Paul Agon, chairman of L’Oreal Group, believed that AI can provide consumers with tailor-made products by connecting the online and offline shopping experiences. He added that Shanghai should improve its business ecosystem to become a hub connecting global innovation rules.

Click the link below to read the original article:
https://english.shanghai.gov.cn/en-IBLACShanghai2026/20261012/b3f93e5579ea4b78b499289a9cfe2f11.html

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SOURCE english.shanghai.gov.cn

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A Documentary Spotlights HEI’s Multinational Building Journey at Saudi Arabia’s Nairyah 2 Project

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DAMMAM, Saudi Arabia, Oct. 12, 2026 /PRNewswire/ — Against the sweltering Saudi desert where temperatures soar up to 50°C, Harbin Electric International (HEI) is delivering the landmark Nairyah 2 combined‑cycle power plant, an important project for the significant initiative of Saudi Vision 2030. A newly‑released documentary tells the inspiring human stories behind this 1890‑megawatt energy mega‑project, capturing how cross‑border collaborators turn harsh wilderness into a source of clean electricity for local communities.

Built on a remote desert wasteland with limited mobile connectivity at early construction stages, the project faces stacked obstacles: extreme heat, frequent sandstorms, tight construction timelines and complex technical requirements for high‑end Siemens H‑class power equipment. What makes Nairyah 2 truly distinctive is its multinational workforce, drawing engineers and workers from more than 13 countries across Asia, Europe and the Middle East. Language gaps and cultural differences once stood as major barriers, yet HEI’s project team has bridged these divides through open communication, shared goals and genuine mutual respect.

On‑site meetings gather experts of diverse backgrounds to brainstorm technical solutions. Beyond work, casual football matches, group activities and shared project branding build genuine bonds. Colleagues from Spain, South Korea, Pakistan and Saudi regard the project site as more than a workplace: they have built a big, multicultural family far away from home.

This high‑end facility adopts an energy cycle technology to cut fuel consumption and carbon emissions, setting benchmark performance for global power generation. More than a power plant, HEI fosters inclusive project culture, empowering young professionals from around the world to work together seamlessly.

One power station provides reliable power for decades ahead; one united team links hearts across borders. Through sweat, understanding and joint dedication, HEI’s diverse builders are bringing light to the Saudi land, writing a vivid chapter of international energy cooperation.

YouTube Link: https://youtu.be/b3kYuWc7KD8

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SOURCE Harbin Electric International (HEI)

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Bybit Supports Stocks Trading, Giving Eligible Global Users Access to 1,000+ U.S. Stocks and ETFs

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DUBAI, UAE, Oct. 12, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, announced that stocks are now available for trading through Bybit, giving eligible users access to more than 1,000 U.S.-listed stocks and ETFs, including Apple (AAPL), NVIDIA (NVDA), Tesla (TSLA), Micron Technology (MU) and the Invesco QQQ ETF (QQQ).

The development expands Bybit’s multi-asset platform, bringing access to U.S. equities alongside its existing digital asset and traditional market offerings. Eligible users in permitted jurisdictions who have completed the required KYC verification can trade supported U.S. stocks and ETFs using USDC.

“Stocks are an important part of our evolution into The New Financial Platform. Financial markets have long been separated across different products and platforms, but users increasingly expect a more connected experience,” said Ben Zhou, Co-founder and CEO of Bybit. “With stocks now available through Bybit, we are doing more than adding another asset class. We are giving people broader access to financial markets and greater freedom to pursue opportunities.”

Access to the U.S. Stocks and ETFs

Stocks trading enables eligible users to buy and sell supported U.S. stocks and ETFs using USDC, bringing equity exposure into the same environment used for digital assets. Unlike price derivatives or synthetic instruments, Stocks trading gives eligible users an economic interest in the underlying securities they purchase.

Orders are routed through Bybit’s regulated brokerage infrastructure and executed through Alpaca, a U.S. self-clearing broker-dealer and a global leader in agent-first infrastructure. Additionally, the underlying securities are held in custody by Alpaca.

“Bybit’s expansion into U.S. stocks and ETFs is a major step forward in offering its global users a more complete, multi-asset trading experience,” said Yoshi Yokokawa, Co-Founder and CEO of Alpaca. “We’re thrilled to partner with Bybit and help power this next wave of global market access.”

Key features at launch include:

1,000+ U.S. stocks and ETFs, including widely traded companies with fractional shares available for eligible securitiesTrade with USDC, allowing eligible users to fund stock purchases directly from their Bybit accountDirect economic exposure to underlying stocks, rather than derivatives or synthetic price exposureAllowing users to manage eligible crypto and equity positions within the Bybit ecosystemCorporate-action support, including cash and stock dividends and stock splits24/5 trading, providing access during U.S. pre-market, regular and after-hours sessions, subject to product availabilityZero commission, with no trading commissions charged on eligible stock purchases and sales

Eligible holders of supported U.S. stocks and ETFs can receive the economic benefits associated with their holdings, including cash and stock dividends, subject to applicable security and corporate-action terms. Cash dividends are converted from USD into USDC and credited to the user’s Unified Trading Account (UTA), while stock dividends are reflected directly in the user’s position.

Stock splits are also reflected in users’ holdings in accordance with the applicable corporate action. Voting rights are planned for launch in a future phase.

Building a Broader Multi-Asset Platform

The addition of stock services adds to the exchange’s growing range of products across traditional and digital markets. Alongside crypto spot and derivatives trading, Bybit offers access to traditional markets through its MT5 platform, tokenized equities and TradFi perpetuals.

“We believe the next chapter of finance is one where the walls between crypto and traditional markets no longer exist. Bybit is built to operate in both worlds and proves that tokenizing real-world assets at scale is not a future ambition. It is something we are delivering today,” added Ben.

Disclaimer

Bybit Stocks: Bybit Stocks service is provided by Infra Capital Limited (introducing broker), regulated by the Financial Services Commission, Mauritius (GB23202169). US securities clearing,settlement and custody services are provided by Alpaca Securities LLC((dba “Alpaca Clearing”),a FINRA/SIPC member. Some corporate actions may be restricted at this time. Access and ownership subject to the Bybit Stocks Terms & Conditions. Capital at risk – you may get back less than you invested. Please read the Risk Disclosures before investing.

#Bybit  / #NewFinancialPlatform 

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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SOURCE Bybit

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Trinasolar Introduces Latest PV and Energy Storage Solutions in Vietnam

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HO CHI MINH CITY, Vietnam, Oct. 12, 2026 /PRNewswire/ — Trinasolar, a global leader in smart PV and energy storage solutions, introduced its Vertex N G3 TOPCon 3.0 solar modules, with a power output of up to 760W, and Trina Storage’s 6.25MWh Elementa 3 battery energy storage system (BESS) at its recent event in Ho Chi Minh City. The offerings expand Trina’s PV and energy storage portfolio in Vietnam as industrial growth and artificial intelligence data centres (AIDCs) increase demand for electricity and flexible power supply.

The International Energy Agency projects global data centre electricity consumption to rise from approximately 485TWh in 2025 to 950TWh in 2030. Vietnam’s digital infrastructure strategy also calls for the development of AIDCs and hyperscale data centres by 2030. Vertex N G3 and Elementa 3 address the generation and storage needs associated with this growth, supporting greater use of solar electricity to meet demand from AIDCs.

Why Choose TOPCon 3.0 Solar Modules?

Vertex N G3 is built on Trinasolar’s TOPCon 3.0 cell technology and incorporates four core technological upgrades. Ultra cell platform technology increases power output and bifacial performance. Multi-cut technology and edge passivation technology reduce current losses and improve shading and hot-spot performance. Ultra-high density packaging technology improves module efficiency and energy yield.

A bifaciality of 85% ± 5% supports additional rear-side generation where site conditions allow, while the −0.26%/°C power temperature coefficient helps limit power losses in Vietnam’s hot climate. A maximum annual degradation of 0.35% from the second year onward, backed by a 30-year power warranty, provides developers with a defined basis for modelling long-term output and project revenue.

Solar and Battery Storage Applications in Vietnam

Trina Storage also presented Elementa 3, its 6.25MWh utility-scale BESS built on in-house 587Ah cells. Elementa 3 supports renewable energy integration and flexible power supply, including in grid-connected projects, as Vietnam expands solar generation to meet growing demand from industry and AIDCs.

Trinasolar’s solar-plus-storage project at Corona Resort in Phú Quốc provides a local proof point of its PV and BESS delivery capabilities. The project combines a 3MWp solar installation with a 10MWh AC-coupled BESS retrofit, demonstrating how battery storage can be added to an existing commercial solar system. Vertex N G3 and Elementa 3 extend Trina’s portfolio with higher module output and greater storage capacity per container, giving developers and EPC contractors greater flexibility in meeting project capacity and site requirements.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/trinasolar-introduces-latest-pv-and-energy-storage-solutions-in-vietnam-302905490.html

SOURCE Trina Solar Energy Development Pte. Ltd.

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