Shares of Moore Threads Technology, dubbed by analysts as “China’s Nvidia”, soared on its debut in Shanghai on Friday on bets the US-blacklisted startup will benefit from Beijing’s drive to boost …
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China’s Nvidia-like Moore Threads soars in trading debut after $1.1 billion IPO
Shares of Moore Threads Technology Co, dubbed by analysts as “China’s Nvidia”, soared on debut in Shanghai on Friday, on bets the U.S.-blacklisted startup will benefit from Beijing’s drive to boost …
China’s 10 trillion yuan debt clean-up falls short
Unlike most major economies, public debt in China is borne largely not by the central government but by local governments Read more at The Business Times.
AI Chipmaker Moore Threads Begins Trading After China’s Second-Biggest IPO
The Beijing-based firm raised nearly 8 billion yuan ($1.13 billion), valuing the company at about $7.6 billion. The debut comes as optimism over China’s drive for tech self-sufficiency intensifies, …
Chinese, Dutch business leaders urge efforts to build stable, resilient global supply chains
Chinese and Dutch business leaders have urged efforts to build stable, resilient and efficient global supply chains amid rising geopolitical tensions and expanding national security concerns. At the …
End of an era: Canon closes China printer plant as Japanese brand loses to local rivals
Closure marks a turning point, where Chinese brands have not only caught up with foreign rivals but have also begun to dominate home market.
China Is Issuing Streamlined Licenses for Rare Earth Exports, State Media Says
BEIJING, Dec 4 (Reuters) – China said on Thursday it is working on streamlining rare earth export licenses – a key promised outcome after a meeting between U.S. President Donald Trump and his …
Trump Could Approve H200 Exports to China. Does That Make Nvidia Stock a Buy Here?
Trump’s potential move to approve Nvidia’s H200 chip exports to China could ignite a major turnaround for the semiconductor giant.
Nvidia CEO meets with Trump, talks export controls
Nvidia CEO Jensen Huang said he met with President Trump on Wednesday and discussed export controls amid a faltering push in Congress to place new restrictions on advanced chip sales to China. “We …
Huaxia Bank issues 637M blockchain bonds settled in digital yuan
Huaxia Bank has issued $637 million in blockchain-based bonds using the digital yuan, China’s central bank digital currency.
China’s Changan bringing Avatr, Nevo EV brands to Europe within two years, executive says
China’s Changan will launch vehicles from its electric Avatr and Nevo brands in Europe over the next two years and is considering selling light commercial vehicles on the continent as well, the …
EU to review tariffs on Volkswagen’s EVs made in China
The European Commission said it had opened a review into tariffs applied on electric cars produced by the Volkswagen group in China, potentially offering the German auto manufacturer respite from anti …
UK’s Starmer says China poses security threats, but urges deeper business ties
Prime Minister Keir Starmer has warned that China poses “national security threats” to Britain, but defended his government’s decision to step up engagement with the country, saying closer business …