HONG KONG/BEIJING, July 15 (Reuters) – Chinese AI startup DeepSeek is planning to launch a fresh fundraising round at a valuation of about 500 billion yuan ($74 billion) ahead of a potential mainland …
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China’s Sinopec establishes four business units in major overhaul, officials say
Sinopec is launching a major internal restructuring, setting up new business units and relocating hundreds of staff, as the world’s biggest refiner seeks to lift profits amid flagging Chinese oil …
China claims chip exports nearly doubled to $177 billion in the first half of 2026 as memory prices surged…
China exported 179.44 billion integrated circuits worth $177.28 billion in the first six months of 2026, an increase of more than 96% year on year by value, according to data released by the country’s …
Eyeing valuation jump, investors prep bids for chip giant CXMT’s $8.6 billion IPO
Chinese investors seeking shares in CXMT’s $8.6 billion IPO are betting the Chinese chipmaker’s valuation will soar as much as 10-fold …
China’s AI star DeepSeek plans IPO
DeepSeek, a leading Chinese AI startup, is gearing up for an IPO filing this year after securing $7 billion in funding and targeting a $71 billion valuation.
Shein wins China approval for Hong Kong IPO at $40 billion valuation
The fast-fashion retailer is scheduled for a stock exchange hearing Thursday and could list as early as the third quarter of 2026
China’s economy slows to 4.3% annual pace of growth in April-June
China’s economy slowed sharply to a 4.3% annualized pace of growth in the April-June quarter, the government said Wednesday.
Why China is betting on electric taxis to hedge against Hormuz oil risks
As tensions around the Strait of Hormuz reshape global energy markets, China’s rapidly expanding fleet of electric taxis is helping cut fuel demand, reduce oil imports, and cushion the economy against …
China M2 money supply growth slows to 8% in June as loan expansion cools to 5.3%
China’s M2 money supply growth fell to 8% in June from 8.6% in May, with loan growth at 5.3%. Here’s what it means for crypto and global liquidity.
China’s CXMT eyes $85.5 billion market cap ahead of blockbuster IPO
ChangXin Memory Technologies is set to start taking orders for a listing that will be one of the largest yet on Shanghai’s Nasdaq-like STAR Market.
China’s Chip Champion to Raise Billions in Race for A.I. Control
CXMT, a linchpin in China’s drive to develop homegrown artificial intelligence technology, is aiming to raise nearly $10 billion in a blockbuster public offering in Shanghai.
‘Listing is a must’: Chinese humanoid startups are rushing to launch IPOs
Shenzhen-based LimX Dynamics is the latest humanoid company in China to raise capital in recent weeks as investors eye IPO exits.
CXMT seeks $10B in largest China IPO since 2010
CXMT plans to raise $8.55B in China’s largest semiconductor IPO, surpassing SMIC’s 2020 record as Beijing pushes for DRAM self-sufficiency.
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