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CHINESE MARKETS
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
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...
Nike to tighten online sales in China amid 'fragmented' marketplaceNike is restricting online sales by distributors in China. This move aims to rebuild shopper trust and sell products at full price. Key ret...
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: China stocks rebound as state support boosts sentiment, tech shares remain under pressureChinese equities rebounded after steep losses last week as signs of government-backed support lifted investor confidence and sparked buying...
Global Market: China's securities regulator to meet market participants as state-backed investors step in to support stocksChina's securities regulator will meet market participants to discuss equity market stabilization. State-backed investors are also buying s...
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...
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 ...
China's Kimi K3 emerges as a low-cost rival to Anthropic's Fable 5China's Kimi K3 AI model is now challenging premium frontier models with its performance. It joins Meta's Muse Spark and Google's Antigravi...
Chinese company demands compensation from the UK over British Steel nationalizationChina’s Jingye Group has demanded compensation from the UK after British Steel was nationalised, warning it may pursue international arbitr...
China's Kimi K3 rattles US AI industryKimi K3, a new artificial intelligence program from a Chinese startup called Moonshot AI, stunned the US tech industry on Friday, setting o...
US less reliable? India may need to open the door wider to the DragonUS trade uncertainty is prompting fresh calls for India to deepen economic ties with China. PM Modi's economic adviser Rakesh Mohan has urg...
Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fearsChinese and Hong Kong stocks slid sharply on Friday, with mainland benchmarks headed for their steepest weekly losses in over two years. In...
Global Market: CXMT's $8.6 billion IPO draws strong retail demand, but investor caution persistsChinese memory chipmaker CXMT's IPO attracted strong retail investor interest. The retail tranche was oversubscribed by 243.93 times, showi...
Global Market: China stocks slide as tech sell-off hits mainland markets; Alibaba lifts Hong Kong sharesMainland China stocks declined on Thursday due to technology sector weakness. Hong Kong equities gained momentum, supported by Alibaba's ar...
BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
Global Market: Chinese stocks hit three-month lows as growth worries, Middle East tensions weighChinese and Hong Kong stocks fell to three-month lows on Tuesday. Investors grew cautious ahead of key economic data and Middle East tensio...
Global market: Chinese stocks sink to one-month lows as Middle East tensions trigger a broad selloffChinese stocks experienced a significant downturn on Monday, reaching monthly lows. Escalating Middle East geopolitical tensions dampened i...