China’s premier semiconductor manufacturer, ChangXin Memory Technologies (CXMT), skyrocketed in its Shanghai stock market debut to surpass a $500 billion valuation. The chipmaker has set its sights on …
Posts By admin
China opposes US ‘forced labour’ tariffs, calls for them to be cancelled
(Corrects wording in ministry quote in final paragraph) BEIJING, July 27 (Reuters) – China’s commerce ministry said on Monday that new U.S. tariffs imposed on Chinese goods over alleged forced labour …
Even China’s A.I. Powerhouses Can’t Figure Out How to Profit Off A.I.
Chinese A.I. models are gaining ground. But the companies behind them do not have a clear strategy to make money from that success.
China restricts exports to 14 European firms amid EU sanctions row
A notice from China’s Ministry of Commerce said the named companies are barred with immediate effect from receiving dual-use goods from Chinese suppliers.
China threatens ‘all necessary measures’ against potential US sanctions on its AI firms
China threatens necessary measures against potential US sanctions on AI firms like Moonshot AI and DeepSeek, escalating the tech cold war with …
Trump administration marshals allies for 6G race with China
The Trump administration on Monday will launch a global partnership with more than 20 allies to accelerate the development of secure 6G wireless networks, officials first shared with POLITICO, as …
China accuses US of ‘AI hegemonism’, threatens countermeasures over potential probes
By Eduardo Baptista BEIJING, July 27 (Reuters) – China’s commerce ministry on Monday accused the United States of “AI hegemonism” and threatened countermeasures after senior U.S. officials said …
China’s industrial profit growth moderates as exports cushion uneven recovery
BEIJING, July 27 (Reuters) – Profits at China’s industrial firms grew at a solid, though slower, pace as resilient exports helped cushion sluggish domestic demand, highlighting the economy’s uneven …
China’s industrial profit slows to 18.7% — but $720 billion AI-linked exports drive its economy
Industrial profits rose 18.7% in the first half of 2026 as booming exports of chips, computers and power equipment offset weak domestic demand and a prolonged property slowdown.
China’s June net gold imports via Hong Kong up from year ago, down from May
July 27 (Reuters) – China’s net gold imports via Hong Kong more than doubled year-on-year in June, but slipped over 5% from the previous month, data from Hong Kong’s Census and Statistics Department …
Shein’s Hong Kong IPO filing sidesteps Xinjiang cotton controversy
By Helen Reid and Casey Hall July 27 (Reuters) – Shein’s Hong Kong IPO filing published on Sunday made no specific mention of risks linked to allegations that its clothes contain cotton from the …
CXMT, Asia’s biggest IPO of 2026, puts crypto shadow market to the test
Its shares surged 472 per cent from their offer price when trading began on Shanghai’s Star Market on July 27. Read more at straitstimes.com. Read more at straitstimes.com.
CXMT stock soars 466% on Shanghai debut after record IPO
The Chinese memory chipmaker raised $8.6 billion in Asia’s biggest IPO this year, vaulting it past ICBC as China’s most valuable listed company …
ADVERTISEMENT
