Rare sighting as wild giant panda spotted strolling on hillside in southwest China

A local villager has captured rare footage of a wild giant panda roaming freely on a hillside in southwest China's Sichuan Province, with the creature spotted strolling by a nearby building.

In the clip shot by a local resident in Pingwu County of Mianyang City on May 8, the wild giant panda appears to be quietly going about its business as it slowly climbs a hillside with a calm and unhurried gait.

Many netizens raised questions after seeing the footage online, prompting an expert to share insights about the panda and offer some safety precautions.

Tu Zhengbin, deputy head of the Wildlife Protection Section of Forestry and Grassland Bureau in Pingwu County, explained why the panda is likely to have appeared at this location and detailed its physical condition.

"From the video, there is a reservoir nearby. It may have come down to drink some water. Based on the panda's size and its fur, we can basically determine that it is an adult giant panda. Moreover, you can see that the panda is walking rather briskly, indicating that it is in quite good health," said Tu.

Pingwu is one of the areas with the highest concentration of wild giant pandas in China, with more than 52 percent of the county's land area being designated as part of the Giant Panda National Park.

In recent years, local authorities have continued to capture numerous images of wild giant pandas using unobtrusive scientific monitoring methods such as infrared cameras.

The frequency of wild giant pandas coming down from the mountains and wandering into human-inhabited areas has also notably increased.

With this in mind, Tu also emphasized that proper safety measures should be taken when encountering a wild giant panda.

"If we encounter a giant panda in the wild, the first thing to do is to stay away from it. The second is to not make any loud noises. This way, we can both protect the giant panda and ensure our own safety," he said.

The number of wild giant pandas in China has risen from around 1,100 in the 1980s to nearly 1,900 today, with the steady increase being largely down to the comprehensive conservation efforts undertaken in recent years.

Rare sighting as wild giant panda spotted strolling on hillside in southwest China

The Shanghai Stock Exchange (SME) on Monday approved a plan by Semiconductor Manufacturing International Corporation (SMIC), the country's leading chipmaker, to acquire the remaining 49 percent stake in its subsidiary SMIC North for 40.6 billion yuan (about 5.98 billion U.S. dollars) through share issuance, marking the largest merger and acquisition deal since the inception of China's STAR Market.

The deal, approved by SME's merger and acquisition review committee, was the first case of a multi-listed red-chip company issuing shares to purchase assets on the STAR market, and it is also the largest merger and acquisition deal in the history of the domestic wafer foundry industry.

After the completion of the transaction, SMIC's stake in SMIC North will increase from 51 percent to 100 percent. The offering price is set at 74.2 yuan (10.9 U.S. dollars) per share.

"Stock acquisition is a mechanism that binds the interests of both parties and shares risks. It sends a very positive message to the outside world and saves cash. Cash is a very valuable asset for growth-oriented companies, which can use it for other places where cash is needed more badly," said Qian Jun, executive dean of the Fanhai International School of Finance (FISF) of Fudan University in Shanghai.

Experts said that the acquisition will help further improve the quality of SMIC's assets and enhance business synergy, as SMIC North is one of the most profitable single factories within the SMIC system.

"Through industry consolidation, higher-quality assets can be concentrated into the hands of listed companies that have operational and value creation capabilities," Qian said.

SMIC gains approval for acquisition of its Beijing fab