Memory giant CXMT Corp. will open investor subscriptions for its public offering next week, kicking off the final stage of China’s most highly anticipated listing of the year.
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China chipmaker CXMT to launch $4.3 billion IPO next week
China’s leading storage chipmaker CXMT releases IPO prospectus
VCG. CXMT Co Ltd, a leading storage chipmaker in China, made public its IPO prospectus on Thursday as its plans to be listed on the STAR …
China now has 7 of world’s 10 biggest banks as Beijing’s financial ambitions grow
China’s Big Four banks took the top spots in The Banker’s latest global ranking, with JPMorgan Chase following in fifth place.
China’s producer inflation jumps to 4-year high, squeezing manufacturers
BEIJING, July 9 (Reuters) – China’s producer price inflation surged to its highest level in four years in June, piling pressure on manufacturers’ profit margins as weak domestic demand limits their …
China’s producer inflation hits near 4-year high in June, squeezing manufacturers
BEIJING, July 9 (Reuters) – China’s producer price inflation surged for a fourth straight month in June to its highest since July 2022, indicating that heightened cost pressures squeezed manufacturers …
Memory chipmaker CXMT to launch $4.3 billion China IPO next week
Memory giant CXMT Corp. will open investor subscriptions for its public offering next week, kicking off the final stage in the year’s most highly anticipated listing of the year.
China consumer price growth weakens in June while producer inflation rises on export orders
Investors increasingly view China’s two-speed growth with robust export and tepid domestic demand as a defining long-term feature of the Chinese economy.
CXMT IPO: Impact on Samsung, SK Hynix?
ChangXin Memory Technologies (CXMT), the largest DRAM manufacturer in China, has officially begun its initial public offering (IPO) process on the Shanghai Stock Exchange’s Science and Technology …
China’s CXMT to start book-building on July 15 for $4.3 billion Shanghai IPO
SHANGHAI, July 9 (Reuters) – China’s top memory chipmaker Changxin Memory Technologies (CXMT) said on Thursday it will start book-building on July 15 for its Shanghai initial public offering as it …
AirPods maker Luxshare slides over 5% in Hong Kong debut
The company, which is already listed in Shenzhen, had priced shares in the IPO at 63.28 Hong Kong dollars apiece, raising HK$24.27 billion ($3.09 billion).
China’s Zhipu AI raises $4 billion in Hong Kong share sale, source says
By Yantoultra Ngui and Scott Murdoch July 9 (Reuters) – Knowledge Atlas Technology JSC, known as Zhipu AI, has priced its Hong Kong share offering at the bottom end of the range, raising around HK$31.
China Demand for Soviet-Style Apartments Shows Limits to Revival
Five years into China’s real estate slump, homebuyers are finally starting to return. The catch for developers: they’re avoiding shiny, new apartments and concentrating on small, old ones.
China to let AI firms buy Nvidia H200s, Information says
China plans to allow top artificial intelligence companies to buy a limited amount of H200 chips from Nvidia Corp., a sign the country is easing restrictions on the coveted US technology, according to …