The People’s Bank of China has said that it considers stablecoins illegal under China’s crypto ban. The latest crackdown serves as a blow to Hong …
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China’s Moore Threads shatters records with $1.1bn IPO
Chinese GPU start-up, Moore Threads, has seen its IPO bids worth $4.5 trillion exceed Nvidia’s market capitalisation, despite the company still being loss-making.
European firms brace for higher costs as China tightens export controls
China’s export controls are adding over €250 million in costs to some European firms, with one facing expenses equal to 20% of 2025 revenue.
44 Dead, Hundreds Missing in Hong Kong High-Rise Blaze that Claimed Firefighter
Officials say 279 people are missing after a fire Hong Kong’s Tai Po district that involved seven high-rise buildings, …
‘Zootopia 2’ breaks records in China with $275 million opening
The film’s runaway success is particularly notable given the waning influence of foreign films in China, the world’s second-largest film market.
Taiwan Plans First US Arms Purchase for T-Dome to Counter China
Taiwan plans to buy its first weapons for a major air-defense system announced less than two months ago, underscoring Taipei’s urgency to get the program online as China escalates its military …
China Property Crisis Will Stalk Its Economy Into 2026
It’s never a great day for Beijing policymakers when #ChinaEvergrande is trending. But here we are as giant developer China Vanke Co. shocks markets by proposing a delay in making a payment on a local…
China tells stats providers to halt home sales data publication — Bloomberg
Two of China’s private data agencies withheld monthly home sales figures at the government’s behest, people familiar with the matter said.
Chinese Investors Clamor Over Chip Designer Moore Threads’ IPO
Moore Threads, a Chinese chip designer blacklisted by the U.S., drew frenzied demand from retail investors last week in its initial public offering on the Shanghai Stock Exchange. Its share offering …
HashKey edges toward Hong Kong listing while China chills stablecoin plans
HashKey Holdings, the parent company of one of Hong Kong’s largest licensed crypto exchanges, has moved a step closer to a public listing, according to new filings from the Hong Kong Stock Exchange …
Nvidia rival Moore Threads sets record with 4,000x-plus subscription frenzy in China – Know all about this mind-boggling IPO buzz
The scale of interest makes it one of the year’s most closely watched Chinese listings, highlighting investor appetite for a domestic GPU developer at a time when US export controls have squeezed Nvid …
US Ally Deploys Flagship To Challenge China in Disputed Waters
The Philippines, a United States ally, has deployed its coast guard flagship to disputed waters in the South China Sea, where China maintains a strong maritime presence.
China export controls push European firms to move supply chains
China’s tightening export controls are pushing European firms to explore new supply chain capacity outside of the world’s second-largest economy, a European lobbying group said on Monday, seeking …