China is reportedly easing restrictions on Nvidia’s H200 AI processors, allowing companies to buy a limited number of chips. The move comes after the US approved sales of the second-tier AI chips to …
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China chipmaker CXMT to launch $4.3 billion IPO next week
Memory giant CXMT Corp. will open investor subscriptions for its public offering next week, kicking off the final stage of China’s most highly anticipated listing of the year.
China’s leading storage chipmaker CXMT releases IPO prospectus
VCG. CXMT Co Ltd, a leading storage chipmaker in China, made public its IPO prospectus on Thursday as its plans to be listed on the STAR …
China’s producer inflation jumps to 4-year high, squeezing manufacturers
BEIJING, July 9 (Reuters) – China’s producer price inflation surged to its highest level in four years in June, piling pressure on manufacturers’ profit margins as weak domestic demand limits their …
China’s producer inflation hits near 4-year high in June, squeezing manufacturers
BEIJING, July 9 (Reuters) – China’s producer price inflation surged for a fourth straight month in June to its highest since July 2022, indicating that heightened cost pressures squeezed manufacturers …
Memory chipmaker CXMT to launch $4.3 billion China IPO next week
Memory giant CXMT Corp. will open investor subscriptions for its public offering next week, kicking off the final stage in the year’s most highly anticipated listing of the year.
China consumer price growth weakens in June while producer inflation rises on export orders
Investors increasingly view China’s two-speed growth with robust export and tepid domestic demand as a defining long-term feature of the Chinese economy.
CXMT IPO: Impact on Samsung, SK Hynix?
ChangXin Memory Technologies (CXMT), the largest DRAM manufacturer in China, has officially begun its initial public offering (IPO) process on the Shanghai Stock Exchange’s Science and Technology …
China’s CXMT to start book-building on July 15 for $4.3 billion Shanghai IPO
SHANGHAI, July 9 (Reuters) – China’s top memory chipmaker Changxin Memory Technologies (CXMT) said on Thursday it will start book-building on July 15 for its Shanghai initial public offering as it …
China’s Zhipu AI launches $4 billion Hong Kong shares offering months after IPO
July 8 (Reuters) – Knowledge Atlas Technology JSC, also known as Zhipu AI, is seeking to raise around $4 billion via a share sale in Hong Kong, according to a term sheet seen by Reuters…
China’s semiconductor industry is racing to catch the West’s
The share prices of semiconductor firms on Hong Kong’s stock market has risen by 130% over the past year, roughly matching a comparable American index. Alibaba and Baidu, two Chinese internet giants, …
Trump Confirms Bitcoin And Crypto Surprise As Price Crash Fears Suddenly Return
I write about how bitcoin, crypto and blockchain can change the world. This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Bitcoin has seen a …
China’s AI curbs could lead to cascading economic costs across crypto and traditional markets
Beijing’s potential restrictions on foreign access to Chinese AI models could disrupt oracle networks, raise crypto infrastructure costs, and shift …