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CHINESE MARKET
Chinese chipmaker CXMT soars more than 500% on debutChina's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday...
China memory chipmaker CXMT set for Shanghai debut after Asia's biggest IPOAt the IPO price, CXMT is valued at about 579 billion yuan ($85.5 billion) before the possible exercise of the over-allotment option, makin...
Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the USChinese artificial intelligence models are increasingly adopted by American users and businesses. These advanced systems offer competitive ...
The second Chinese AI shock rattles US as China narrows the raceChina's Kimi K3 AI model has emerged, significantly narrowing the technological gap with American frontier systems. This development has pr...
'There are Chinese projects on territories in J-K that belong to India': MEA objects to illegal occupationIndia's Ministry of External Affairs accused China of illegally occupying Indian territories. Beijing's ongoing infrastructure projects in ...
Global Market: China, Hong Kong stocks slide as oil surge fuels inflation concernsAsian markets saw declines in China and Hong Kong equities on Friday. Crude oil prices surged above $100 a barrel, intensifying inflation w...
China's memory chip makers ride AI boom to new power, US scrutinyChinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major C...
AI-led boom in IPOs raises concerns about a bustThis has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about w...
Intel, AMD sign long-term server CPU deals with Chinese clients as prices surgeThe move highlights a broader consequence of the AI boom: demand has spread beyond AI accelerators to memory, networking gear and server pr...
Global Market: Chinese stocks slip as AI, chip shares extend correction; defensive sectors offer supportChinese stocks declined on Thursday as AI and semiconductor shares extended their correction amid profit booking in expensive technology na...
US Senate panel advances bill tightening ban on Chinese automakersA US Senate committee approved legislation to ban Chinese automakers from the American market. This bill could affect German automaker Merc...
S Jaishankar raises supply chain concerns, trade imbalance in talks with Chinese FMExternal Affairs Minister S Jaishankar met Chinese counterpart Wang Yi in Manila. They discussed stable relations for a multi-polar Asia an...
Global Market: Chinese stocks advance on AI, chip rally; Hong Kong shares slipChinese mainland stocks advanced, led by gains in AI, semiconductor and metal shares, while Hong Kong equities declined as investors booked...
Data centre component maker Zhongji InnoLight seeks $7 billion in Hong Kong listingThe listing, expected to take place on July 30, is the latest in a recent run of blockbuster debuts from Chinese AI-related companies in Ho...
Indian steelmakers pivot home as Europe tightens imports, China squeezes marginsIndian steelmakers are shifting focus to domestic markets amid tighter European import rules. Exports to the EU and Britain are expected to...
Global Market: Chinese tech stocks rebound as semiconductor rally lifts mainland marketsChinese technology stocks experienced sharp fluctuations on Tuesday, with semiconductor shares leading a strong recovery. Investors are now...
Global Market: Chinese state-backed funds step in with fresh equity purchases after market sell-offChinese state-backed investors China Reform Holdings and China Chengtong have announced fresh equity purchases to stabilise markets after a...