The communication sector’s rally stemmed from China Unicom’s 7.3% surge and China Mobile’s 4.2% rise, driving mainland shares upward. Further optimism came as Nomura increased its China growth …
Tagged By crypto
China is catching up with the West on tech, Microsoft president says
Microsoft has operated in China since 1992, according to the company’s web page, including through its largest research and development center outside the U.S. The West shouldn’t assume that China is …
Bernstein Warns of Potential US Export Restrictions Impacting ASML Holding N.V. (ASML), with Up to 50% of China WFE at Risk
On November 12, investment advisory Bernstein released an investor note on the semiconductor industry, detailing that several semiconductor firms, including ASML, face another possible wave of China …
Chip war: China’s GPU start-up helmed by former Nvidia executive kicks off pre-IPO process
Chinese semiconductor start-up Moore Threads Intelligence Technology, helmed by a former Nvidia China executive, has started the process for an initial public offering (IPO), while enthusiasm in the …
BNP lays off a dozen China dealmakers amid fee plunge
France’s BNP Paribas has cut a dozen jobs in mainland China and Hong Kong, a source with knowledge of the matter told Reuters, the latest among global banks to trim headcount amid a slowdown in…
Prosus Gains $2 Billion on Swiggy Investment with IPO Valuation
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues to highlight the value of its portfolio outside of its stake in the…
China’s renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus
The ARJ21 is now to be known as the C909. The renaming plays into COMAC’s ambition to enter the global market.
AstraZeneca Talks Up US Growth as China Problems Fester
AstraZeneca Plc is increasingly looking to the US for growth as its once fast-expanding China business faces challenges amid a probe that has battered the drugmaker’s share price.
Trump signals hard line on China with hawkish cabinet picks
United States President-elect Donald Trump is filling his incoming administration with figures known for their hawkish views on China, signalling a tough line on Beijing in areas ranging from national …
Diplomat: China creating more development opportunities for countries worldwide
Li Daxi, president of the American International Chinese Technology and Business Association, emphasized that digital economy is the new engine of global economic growth, and enterprises should …
How China reduced its reliance on US farm imports, softening trade war risks
Since the U.S. and China imposed tit-for-tat tariffs in their trade war during Donald Trump’s first presidential term, Beijing has taken steps to reduce its reliance on American farm goods in a wider …
CN GPU Unicorn Firm Moore Threads Launches A-Shr IPO
Moore Threads, a Chinese full-featured GPU unicorn enterprise, completed the tutoring filing registration with the Beijing Branch of the CSRC, and officially started the process of A-share listing, …
China Mobile adopts ZTE’s AI cloud solution to cut energy costs
ZTE revealed on Tuesday that China Mobile is deploying its AI telco cloud solution within its network to improve energy efficiency and lower opex costs following verification tests in Hunan and Anhui …
