Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, jumped 425% in its Shanghai trading debut after raising 8 billion yuan ($1.13 billion), marking the biggest first-day …
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Nvidia challenger Moore Threads jumps 425% in China debut
China’s Homegrown Nvidia Soars in Market Debut
That’s how far shares of Moore Threads rallied on its market debut on Friday. + The Chinese AI chip designer, founded by a former Nvidia executive, raised the equivalent of more than $1 …
China Threatens Nvidia With Its Own Company
Moore Threads shares rose 500% on their first day of trading on the Shanghai stock exchange. The company is China’s answer to Nvidia.
China’s payment system gains ground in Africa as Afrexim, Standard join in
Although Africa’s trade with China is rapidly deepening, the two regions have been held back for years by slow, expensive international payment systems that rely heavily on the US dollar. That …
Where order and innovation drive Shenzhen forward
Experience the pulse of Shenzhen at one of its busiest intersections. Surrounded by towering glass buildings and lined with green trees, this view captures the beauty of structure and modernity …
Trump national security blueprint declares ‘era of mass migration is over,’ targets China’s rise
President Donald Trump unveiled a national security plan declaring the “era of mass migration is over” while targeting China as central threat.
Beijing to update Olympic Center, focuses on urban renewal, tech
“By seamlessly integrating sports, culture, advanced technology, and commerce, Beijing is reshaping its Olympic Center into a sustainable, forward-looking model for urban development and international engagement,” Yang said.
CGTN:Strengthening cultural ties: Peng Liyuan, Brigitte Macron visit Beijing People’s Art Theatre
The Beijing People’s Art Theatre (BPAT) in Beijing on Thursday warmly welcomed Peng Liyuan, wife of Chinese President Xi Jinping, and Brigitte Macron, wife of French President Emmanuel Macron. Brigitte Macron is accompanying the French…
Ex-New York State official accused of spying for China called Hochul ‘more obedient’ than Cuomo, trial reveals
Linda Sun allegedly told Chinese officials that Kathy Hochul was “more obedient” than Andrew Cuomo, prosecutors said in her corruption trial.
Years Into China’s Property Crisis, Even More Dark Clouds Gather
Hi, this is Allen Wan in Shanghai, where we seem to be watching more dark clouds form over the nation’s property market.
Column: China and India import more thermal coal, but price gains may weigh
Thermal coal imports by Asia’s heavyweights China and India ticked higher in November, but the accompanying rise in prices may cap further gains in volumes. China, the world’s biggest coal importer, …
China pledges to boost imports, sign more trade deals in next five years
China will ramp up efforts to expand imports and develop balanced trade in the next five years, Commerce Minister Wang Wentao said in an interview with state news agency Xinhua on Friday.
Chinese Economist Issues Dire Warning Over Debt Crisis
A top Chinese economist has issued a warning over the risks of overreliance on stimulus for short-term growth, including driving debt to unsustainable levels. Newsweek has contacted China’s Foreign …
