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CHINA IPO BOOM
Tech layoffs continue; ITC Infotech-Happiest Minds to mergeHappy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This and more in today’s ETtech Morning...- Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
- AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
- Global Market: China stocks steady as property shares offset Biotech, chip lossesChinese stocks were largely steady on Friday as gains in property shares offset losses in biotechnology and semiconductor stocks. The Shang...
- Global Market | Shein set to raise $1.7 billion in Hong Kong IPO at $26.5 billion valuation: ReportsShein is expected to price its Hong Kong IPO near HK$48.56 per share, raising about $1.7 billion at a $26.5 billion valuation. The listing ...
- Axis Bank bets on data centres to gold loans to outpace industry credit growthAxis Bank expects credit growth to exceed industry averages this fiscal year. Strong demand stems from corporate sectors and retail borrowe...
- China robot maker Unitree's post-listing slump sparks bubble fearsThe post-listing selloff in the company, one of the world's largest producers of quadruped and humanoid robots, has also led to soul-search...
- Robots poised for 'ChatGPT moment,' Unitree CEO saysThe global AI boom that has reshaped the world economy was sparked in late 2022 by ChatGPT's breakthrough large language model, a watersh...
- Humanoid-maker Unitree surges more than 600% on Shanghai debutShares in Chinese robotics pioneer Unitree soared more than 600% on its debut in Shanghai on Wednesday, after raising more than $900 millio...
- Lenskart Q1 profit jumps; Tata stocks tumbleLenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech Top 5.
- Google's Gemini AI assistant reaches one billion usersGoogle's artificial intelligence assistant Gemini has surpassed one billion monthly users, CEO Sundar Pichai announced Tuesday, a week afte...
- The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...
- Chris Wood warns AI capex binge may burn billions as markets turn against Big Tech spendingWood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the...
- AI data centre supplier Zhongji InnoLight tumbles on Hong Kong debutShares in Chinese data centre supplier Zhongji InnoLight tumbled more than nine percent in its Hong Kong debut on Thursday, after raising a...
- Global chip rout: How should investors play India's AI trade that gave up to 400% returns this year?Global AI stocks face a sharp selloff, impacting Indian investor strategies. Indian markets focus on infrastructure like data centers and p...
- More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...
- Explainer: Why investors are betting big on China’s chipmaker CXMTChina's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shangha...
- Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPOThe retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a li...
- 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...
- Global Market: CXMT's $8.6 billion IPO draws strong demand despite cooling enthusiasm for chip stocksChinese memory chipmaker CXMT Corp's IPO saw oversubscription by institutional investors. This robust demand highlights continued investor ...
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