Moonshot AI, the $20bn Beijing-based developer of the Kimi chatbot, has informed shareholders it will dismantle its offshore VIE structure to clear the path for a Hong Kong IPO under new CSRC rules.
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Chinese brands coming for Starbucks, Nike, and your wallet
From Luckin to Pop Mart, China’s hottest companies are trying to become cool, build stores in the US, and sell directly to Americans.
China’s top flash-memory chipmaker YMTC begins pre-IPO coaching talks with investment bank
BEIJING, May 19 (Reuters) – China’s top flash memory chipmaker YMTC has begun the so-called “tutoring” process for a potential initial public offering, involving formal pre-IPO guidance talks with an …
China’s Moonshot AI moves to unwind offshore structure in IPO pursuit: sources
Beijing-based unicorn tells shareholders it will dismantle VIE model as regulators tighten oversight, as shift may signal new era for foreign tech investment.
Putin may ‘regret’ Ukraine invasion, Xi tells Trump during summit — Is Beijing flipping on Moscow?
Xi Jinping has reportedly cautioned Donald Trump that Vladimir Putin’s high-stakes move in Ukraine could lead to serious strategic regret, undercutting Beijing’s publicly projected stance of “no-limit …
Foreign carmakers repurpose Chinese plants as export hubs
Foreign automakers, once content to manufacture and sell within China, are turning their joint-venture factories into global export hubs, tapping the world’s largest auto market for cost advantages …
Jim Cramer says Beijing can’t afford more planes on Trump-Xi Jinping 200 Boeing aircraft deal: ‘The Chinese economy is so weak’
CNBC host Jim Cramer suggested on Monday that a weaker-than-expected aircraft order from Beijing may be a symptom of a faltering Chinese economy, days after the announcement of an anticipated deal for Boeing Co.
CXMT Revenue Surges 700% Ahead of Planned China IPO
ChangXin Memory Technologies is moving toward its planned Shanghai Star Board IPO with a far stronger financial backdrop, after first-quarter revenue jumped more than 700% to 50.8 billion yuan, or $7.
Putin visits China to reaffirm Russia ties as Xi also seeks stable US relations after Trump summit
Russian President Vladimir Putin is traveling to China to meet with Chinese leader Xi Jinping. The visit comes less than a week after U.S.
Xi’s double act: Putin set to arrive in China days after Trump’s departure
Less than a week after Xi Jinping rolled out the red carpet for US President Donald Trump, the Chinese leader is hosting another guest of honor – and this time it’s a close ally.
Xi to host ‘old friend’ Putin as China projects stable global role after Trump visit
By Ryan Woo, Chen Aizhu and Liz Lee BEIJING/SINGAPORE, May 19 (Reuters) – Chinese leader Xi Jinping is set to host his “old friend” Vladimir Putin less than a week after Donald Trump’s high-profile …
What really holds China and Russia together
The relationship endures despite a power imbalance, with both sides recognising that it is too important to fail.
Russian President Vladimir Putin to visit Beijing for talks with China’s Xi Jinping
Russian President Vladimir Putin is set to visit Beijing this week for talks with Chinese President Xi Jinping. Putin is scheduled to be welcomed at the airport upon landing in Beijing on Tuesday, …
