SHANGHAI/BEIJING, July 19 (Reuters) – Chinese chipmaker CXMT Corp’s $8.6 billion initial public offering was more than 500 times oversubscribed by institutional investors, according to a filing on …
Tagged By blockchain
China’s Moonshot Plans IPO in Six Months After AI Breakthrough
Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s …
China’s DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO
The plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $7.4 billion in June a post-money valuation of about 450 billion yuan,
China’s oil imports have plunged during the Iran war. How much will they recover?
BEIJING – For five years, China imported an average of 11.5 million barrels of oil per day. Since April, it has averaged just eight million bpd.The speed at which China has slashed imports – shipments…
China wants to replace the dollar. Clarity can stop that
Last year’s GENIUS Act meant that stablecoins could be at home in any regulated institution. The dollar got a software upgrade. Now, Congress must finish the second part of the crypto rulebook by …
Hong Kong exchange returns IPO application sponsored by top Chinese investment bank
Inner Mongolia Xingye Silver & Tin Mining says it plans to resubmit application before end of September The Hong Kong stock exchange has returned an IPO application sponsored by China’s leading …
CXMT IPO draws 212× oversubscription: What China’s DRAM bet gets right and wrong
CXMT IPO drew 212× oversubscription from 9.4 million investors, making it Asia’s largest semiconductor listing of 2026 at $9.8 billion — but a minority-interest accounting gap, a two-generation …
How Sephora innovates offline retail to win in China’s beauty market
Driven by global resources, local co-creation and experiential retail, Sephora is redefining China’s role as a key pillar of its global retail excellence.
Xi pitches China as leader of new global AI order, challenging US dominance
By Laurie Chen, Casey Hall and Eduardo Baptista SHANGHAI/BEIJING, July 17 (Reuters) – Chinese President Xi Jinping on Friday cast Beijing as the champion of a new global AI order, using China’s …
DeepSeek IPO 2026 at $71B Valuation
DeepSeek is preparing a mainland China IPO at a $71 billion valuation, joining SpaceX, OpenAI, and Anthropic in the 2026 AI listing wave. Here is what it means for crypto markets.
IEA warns China’s rare earth export controls could threaten $6.5 trillion in global manufacturing
The International Energy Agency (IEA) has warned that the full implementation of China’s rare earth export restrictions could place approximately $6. 5 trillion of industrial production outside China at risk,
China’s helium export ban rattles semiconductor supply chain already hit by West Asia crisis
Experts say leading fabs have enough inventories for now, but a prolonged disruption could force production cuts and prioritisation of high-margin AI chips.
Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
