The company, which is already listed in Shenzhen, had priced shares in the IPO at 63.28 Hong Kong dollars apiece, raising HK$24.27 billion ($3.09 billion).
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China to let AI firms buy Nvidia H200s, Information says
China plans to allow top artificial intelligence companies to buy a limited amount of H200 chips from Nvidia Corp., a sign the country is easing restrictions on the coveted US technology, according to …
Trump envoy warns China’s power move at sea is threat ‘we cannot afford to ignore’
US Ambassador to UK Warren Stephens warned that China is weaponizing port infrastructure and supply chains as tools of political coercion against nations.
Biden’s tariff holiday could leave China footing a massive bill in payback push
Sen. Jon Husted claims Chinese solar companies owe $67 billion in unpaid tariffs after a Biden-era tariff moratorium was deemed illegal by a federal court.
Pickleball Lands in China’s Innovation Hub as PPA Tour Asia Heads to Shenzhen
The PPA Tour Asia will host the Shenzhen Open from August 20-23 at Bao’an Sports Center Gymnasium, marking its second event in China. With a $70,000 prize pool and 500 ranking points available, …
‘World inaction will fuel Beijing’s expansionism’
TAIPEI — China’s “authoritarian expansionism” in regional waters will persist if the world fails to act, a senior Taiwanese security official warned on Wednesday, describing Beijing’s strategy as …
China must eventually learn to live with the coronavirus
AN OUTBREAK OF covid-19 on the scale China is experiencing would barely register in most countries. Much of the world has decided to live with the virus. Not China, though. So far in March it…
Beijing’s unique cultural identity draws record tourists in 2024
Beijing’s tourism industry soared to new heights in 2024, enjoying record-breaking numbers of domestic and international visitors that were driven in part by the popularity of its newly listed UNESCO …
Can Shenzhen build next Apple? Even Realities CEO thinks so
Shenzhen, not Silicon Valley, is where the next great consumer electronics company will be built, at least according to the founder of China’s newest smart-glasses unicorn. Even Realities CEO …
Chinese memory and storage firm expected to post more than 60,000% jump in profits due to exploding demand…
Chinese memory and storage manufacturer Longsys expects to post a massive increase in profits due to the AI-driven chip shortage.
Washington, Beijing should de-escalate from tit-for-tat actions, US senator says
Steve Daines calls Beijing’s export controls on US companies and Pentagon’s blacklisting of Chinese tech firms ‘unfortunate developments’ …
Shenzhen’s Grade-A Office Market Recovers as Hard Tech Firms’ Rental Demand Rises
Shenzhen’s Grade-A office market experienced a gradual recovery trend in the first half of the year, with vacancy rates falling and the rental price decline narrowing, mainly buoyed by rising leasing …
Why Shenzhen is key to building the next Apple, according to Even Realities
Even Realities CEO and former Apple engineer Will Wang discusses his firm’s rise to unicorn status and the strategic advantage of basing his wearable brand in Shenzhen. Contrasting the two ecosystems, …
