By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE, June 26 (Reuters) – China’s onshore technology IPOs are on track for their strongest year since 2023 as Beijing seeks to bolster listings of chip …
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China’s Tech IPO Boom: A New Era of Self-Reliance
China’s onshore technology IPOs are experiencing a resurgence as Beijing prioritizes listings for chip and AI companies amid competition with the U.S. This year, 50 companies have raised $3.1 billion …
World’s first hotel entirely staffed by robots to open in 2027
The first hotel run by robots will open its doors to the public next year. It comes as no surprise that it’s happening in China – on the artificial island built for the Shenzhen-Zhongshan Link,…
China’s Collapsing Crude Oil Imports to Fall Further in June
The world’s top crude oil importer is set to take even fewer barrels this month, extending its exceptionally subdued appetite since the start of the Iran war.
The US Navy just admitted it can’t outbuild China — so it’s changing what ‘a fleet’ even means
The U.S. Navy can no longer outbuild China, which already has the world’s largest fleet — so it’s rethinking what a fleet is. Its new plan for roughly 450 ships by the 2030s pairs 299…
IPO Connect pitched as Hong Kong’s next move to boost finance hub role. But hurdles loom
Calls grow to further expand Hong Kong’s connect scheme with mainland China markets amid drive for deeper capital flows.
NKE Stock Slips On China Business Strategy ‘Misstep’ And ‘Surprise’ CFO Change Before Earnings
BNP Paribas analyst Laurent Vasilescu called a reported plan by Nike to bar key Chinese distributors from selling products online starting in 2027 a “strategic misstep.” …
China-linked virus infects Japan’s army via USB sticks
The infection in a secure, closed system used by the Japanese army was not discovered for a year.
OpenAI says it caught China using ChatGPT to turn you against tariffs and data centers — though it didn’t do a great job
“It is ironic that the two operations used American AI, rather than Chinese models,” OpenAI writes.
Satellite photo shows China’s US warship target at missile test site
The mockup marks an upgrade from the destroyer and aircraft carrier replicas previously identified at the Taklamakan Desert site.
Six charts that explain China’s weakening economy
China’s breakneck economic growth – which lifted incomes at home and reshaped markets abroad – once seemed as inevitable as a law of nature.
China to raise refined fuel export allowance in July, sources say
China will raise the amount of refined fuel its state-owned refiners are allowed to export in July from June, three industry sources briefed on the plan said.
Bank of China used disguised mutual funds to avoid paying US$348m in taxes, audit finds
The bank channelled funds through affiliates and mass employee investors to pass off private funds as public, China’s top auditor says.
