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 …
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China accuses US of ‘AI hegemonism’, threatens countermeasures over potential probes
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 …
Xi tells Lula China backs Brazil in rejecting external interference, Xinhua reports
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 …
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.
