AI chipmaker Cambricon Technologies Corp said it will raise 2.58 billion yuan ($367.76 million) in its Shanghai initial public offering after pricing the listing at 64.39 yuan a share. ( read original story …)
Featured Posts Title
Ukraine, trade, pandas: What China’s Xi and France’s Macron discussed in Beijing
Hong Kong fire draws public fury, and tests Beijing’s grip on the city
China’s Xi and France’s Macron pledge cooperation on global crises and trade
Shipments of US soybeans to China accelerate, remain short of past years
Exclusive: China massing military ships across region in show of maritime force, sources say
Nvidia’s chip sales to China at risk of ‘going to zero’ on Beijing policy: Analyst
China’s Cowa Deploys 36 Sanitation Robots in 2.7 Million Sqm Area in Shenzhen
Recent Posts
Cambricon to raise $367.8 million in IPO amid Chinese chip fever
Wall Street gains on surprise services data, China-led rebound hopes
Wall Street’s major indexes climbed on Monday as data showing unexpected growth in the U.S. services sector last month and optimism over China’s economic revival helped investors look past a surge in … ( read…
Shenzhen Zhaowei Machinery & Electronics Co. Ltd.: Micro Linear Actuator Motor for Intelligent Transmission Enables Smart Life
SHENZHEN, CHINA / ACCESSWIRE / July 6, 2020 / Modern science and technology have succeeded in helping people live independently and conveniently in a smart way. According to Smart Home Report 2019 con … (…
Wall Street gains on hopes of China-led recovery
U.S. stocks rose at the open on Monday on hopes of a China-led recovery from an economic slump brought on by the coronavirus outbreak, with investors brushing aside a domestic surge in new cases of…
South China Sea: US Navy Shows Off Massive Strike Power; China Says Carriers There ‘At Their Pleasure’
Both China and the U.S. are busy conducting military exercises in the South China Sea while criticizing each other for stirring up tensions in the global waterway. ( read original story …)
Bubonic plague case detected in China’s Inner Mongolia region
While China appears to have reduced coronavirus cases to near zero, other infectious threats remain, with local health authorities announcing a suspected bubonic plague case in the Inner Mongolia … ( read original story …)
Comfort woman in China dies, less than 20 remain alive, report says
A former comfort woman in China has died, leaving less than 20 survivors of Japanese wartime brothels in the country, according to Chinese state media. ( read original story …)
Why Hong Kong will remain an international financial centre, despite new security law
But Hong Kong’s success as a centre of international finance, connecting the world to mainland China, is built on several foundations. These include having a stable business environment, the free flow … ( read original…
China rebukes UK for its ‘gross interference’ over Hong Kong
China’s ambassador to London accused Britain on Monday of gross interference and making irresponsible remarks. ( read original story …)
Goldman Sachs created a new metric to measure how US-China tensions impact stocks, and said that there’s still money to be made from the conflict
There are “still-decent risk/reward for Chinese stocks unless US-China relations substantially deteriorate from here,” strategists wrote in a note. ( read original story …)
US Navy says it’s ‘not intimidated’ by China’s missiles as Beijing bristles over US aircraft carriers in South China Sea
As Chinese media boated about its “carrier killer” missiles, the US Navy responded that it is “not intimidated” by China’s arsenal. ( read original story …)
China reports bubonic plague case, raises local alert level in Inner Mongolia
Local health authorities in China’s Inner Mongolia region announced a suspected positive case of bubonic plague Sunday. Health officials in Bayannur said a farmer was sickened and hospitalized but is … ( read original story…
Chipmaker SMIC plans China’s biggest IPO in a decade
Details of the planned offers are released in a statement on Monday, July 6, on the website of the Shanghai exchange, sending the company’s Hong Kong-listed stock soaring more than 20% to a record hig…
