BEIJING, July 16 (Reuters) – Chinese chipmaker CXMT’s Shanghai STAR Market IPO was more than 200 times oversubscribed by retail investors, according to an exchange filing on the share offering. The …
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CXMT’s Shanghai IPO more than 200 times oversubscribed by retail investors
CXMT’s mega IPO draws frenzy from retail investors to DeepSeek founder’s fund
Investors are hoping for a relatively generous allotment rate and sharp gains when the memory-chip maker debuts on Shanghai’s Star Market.
China defends helium export controls as supply safeguard
China said on Thursday that its newly introduced export controls on helium are intended to safeguard domestic supplies of the gas amid tightening global markets. Commerce Ministry spokesman He Yadong
China and Xi are seen more favorably than the U.S. and Trump in many nations, new survey says
It marks the first time in the roughly 20 years it has been tracking global opinions that China has been viewed more positively than the U.S., the Pew Research Center said.
Global Opinion Shifts Toward Favoring China Over the U.S., Poll Finds
An annual survey from the Pew Research Center found that more countries felt positively about China than America.
Escaping Beijing: Why some young Chinese are quitting the capital
A slowing economy and rising prices are making it harder for young Chinese to thrive in the city.
China’s biggest IPO in recent years has global investors getting creative
Global investors seek creative alternatives to profit from China’s mega CXMT IPO amid regulatory restrictions on direct participation.
Shein wins China approval for long-awaited Hong Kong IPO
Fast-fashion retailer Shein won approval for its long-awaited Hong Kong IPO on Friday, a notice posted on the China Securities Regulatory Commission (CSRC) website showed, clearing the way for a listing after failed attempts in…
China and Xi favored over U.S. and Trump in many nations: Survey
The world has largely viewed the U.S. more favorably than China for years, but those opinions have flipped in Beijing’s favor this year, according to a new poll by the Pew Research Center, a …
‘China Shock 3.0’: CXMT as part of China’s efforts to grab global tech market share
Peter Alexander of Z-Ben Advisors warns of a “China Shock 3.0” as CXMT’s $8B Shanghai IPO targets self-sufficiency in the AI stack. Mirroring the playbook used in steel and EVs, he expects CXMT to …
Traders rush to place pre-IPO bets on Micron rival
Offered by Trade.xyz, the CXMT-USDC pair is a pre-IPO perpetual (IPOP) market. The CXMT contract tracks the value of 1 share of common stock in CXMT. Over the last 24 hours, trade …
China’s COVID-19 activity remains low despite recent rise, no new variants detected: CDC expert
China’s COVID-19 epidemic remains at a low level despite a recent rise in test positivity rates at sentinel hospitals nationwide, an expert from the Chinese Center for Disease Control and Prevention …
Analysis – China’s record consumer defaults undermine Beijing’s push to boost spending
BEIJING, July 16 (Reuters) – Jack Chen has never defaulted on a loan since he began borrowing to cover expenses during his internship days, but his credit report now carries a red flag because of…
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