BEIJING/SAO PAULO, July 27 (Reuters) – China supports Brazil in “rejecting external interference” and is ready to strengthen bilateral and multilateral strategic coordination, Chinese President Xi …
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China’s Fang Xinghai Probe Pushes Finance Cases to Over 400
China’s investigation into former securities regulator Fang Xinghai has pushed the number of financial-sector officials and executives ensnared in the country’s anti-corruption campaign to more than …
What is CXMT and how did it become China’s Dram champion?
China’s CXMT became the country’s most valuable listed company after its shares surged more than 500 per cent in their Shanghai debut on Monday (July 27), highlighting fervent investor backing for a …
CXMT surge shows why China stock buyers see IPOs as one-way bet
Chipmaker CXMT skyrocketed on its first day of trading on Shanghai’s Star Market, fuelled by a low IPO valuation and surging global demand for DRAM memory Chipmaker CXMT surged more than fivefold on …
China’s crude oil imports surge
China’s crude oil imports are rebounding sharply as refiners increase purchases from Russia and the Middle East, supporting oil prices despite a temporary pause in U.S.-Iran hostilities.
China memory chipmaker CXMT skyrockets 500% in blockbuster Shanghai debut
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
China memory chipmaker CXMT’s shares soar in a blockbuster share listing in Shanghai
Shares of CXMT, China’s largest memory chipmaker, soared Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years. CXMT’s shares surged 472 …
China’s answer to SK Hynix soars more than 500pc on market debut
Shares in memory chip maker CXMT surged far above their IPO price after raising about $12 billion in Asia’s biggest initial public offering this year.
China’s Fang Xinghai Probe Puts Finance Discipline Cases at 400
China’s investigation into former securities regulator Fang Xinghai has pushed the number of financial-sector officials and executives ensnared in the country’s anti-corruption campaign to more than …
China’s Crude Imports in July Poised to Rebound From Decade Low
China’s crude imports this month are expected to rebound from the lowest level in more than a decade after flows through the Strait of Hormuz accelerated and refiners increased purchases of Russian …
Mao’s old limo brand is now outselling Rolls-Royce in China two to one
State-owned Hongqi’s ultra-luxury sedans are attracting wealthy Chinese buyers who once gravitated toward British prestige brands, and now it wants a bigger stage …
CXMT becomes China’s biggest listed company by market cap after blockbuster IPO
Eugene Hsiao from Macquarie Capital talks about the significance of CXMT’s mega IPO to both China’s tech self-sufficiency drive and the global memory market.
China’s hottest AI chip stock became its most valuable listed company on day one
Chinese memory-chip maker CXMT became the mainland’s most valuable listed company, overtaking ICBC after its blockbuster IPO.
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