China’s export restrictions, supply-chain pressures, and share dilution concerns weigh on Red Cat stock.
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China’s industrial profit gains dip in sign of weakness
A small plane has crashed into a Beijing high-rise, killing the pilot and injuring 13
Rare light aircraft crash in Beijing kills pilot, injures 13 people
Beijing’s tallest skyscraper hit by aircraft, pilot dies amid growing internet speculation
A small plane slammed into the tallest skyscraper in China’s capital. Hours later, it was like nothing had happened.
China expels senior party members from National People’s Congress
Small plane crash at Beijing high-rise kills the pilot and injures 13, authorities say
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RCAT stock heads for worst month this year: China’s new export restrictions raise fresh supply chain fears
Athleisure brand Vuori targets China in global retail push
The retailer, known for its jogger pants, is looking to snag market share in Asia from rivals like Lululemon and Alo Yoga.
China Resources New Energy draws $943 billion in retail bids for biggest Shenzhen IPO
By Yantoultra Ngui SINGAPORE, June 23 (Reuters) – China Resources New Energy’s Shenzhen IPO drew about 6.4 trillion yuan ($943.2 billion) in bids from retail investors, a filing showed on Tuesday, as …
Beijing’s revenge: China turns off the tap for the American defense industry
The trade war escalates: China imposes severe sanctions on rare earth giants and defense companies from the US.
China beats US with world’s fastest supercomputer, but race not geared for AI work
By Stephen Nellis SAN FRANCISCO, June 23 (Reuters) – China has overtaken the U.S. to win the top spot on a list of the world’s fastest supercomputers, but the results may say more about Beijing’s…
China Takes Supercomputer Crown From U.S. for First Time Since 2017
A supercomputer in Shenzhen was declared the world’s fastest. It uses only standard microprocessors and not the special-purpose chips called graphics processing units.
This Megafactory Is a Test Case for the U.S.-China Tech Race
Chinese firms have some of the world’s most advanced technology. But U.S. officials say relying on it could come with a downside.
China’s EV brands have Europe’s luxury marques in their sights: Zeekr executive
Zeekr vice-president Mars Chen says Chinese carmakers have edge in meeting demand for electric luxury cars Luxury electric vehicle (EV) brands from China are poised to enter the same elite tier as …
China’s Momenta plans to launch Hong Kong IPO next week, source says
HONG KONG, June 23 (Reuters) – Chinese autonomous driving developer Momenta is planning to launch its Hong Kong initial public offering as early as next Monday, said a source with knowledge of the …
China’s latest tool to control a disputed atoll: a strange floating platform
The movable structure has renewed fears that Beijing is expanding its campaign to dominate the South China Sea …
MP Materials (MP) Faces Fresh China Export Controls As Rare Earth Focus Grows
China has added MP Materials (NYSE:MP) to its export-control list, signaling closer scrutiny of the company’s rare earth shipments. The move highlights MP Materials’ role in supplying key inputs for …
Reshaping Tongxiang’s digital landscape
This massive localized computing power is the strongest brain behind Tongxiang’s vehicle-road-cloud integrated city-level management service platform. Initiated by five ministries, this pilot project …
China’s Gold Imports Surge to Most in More Than Two Years
China’s monthly gold imports reached their highest in more than two years in May, showing the world’s biggest buyer’s appetite for bullion remained resilient as prices remained under pressure.
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