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Sumax Engineering SME IPO opens today; GMP signals 32% listing gainThe Sumax Engineering IPO opened for subscription on August 25, 2026, on the NSE SME platform and will remain open until August 28. With a ...
Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
Global Markets: Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPOShein is set to launch its Hong Kong IPO with an ambitious goal of raising up to $1.8 billion. However, the company's valuation has plummet...
Elan Group signs agreement with Marriott to bring JW Marriott hotel, residences to GurugramElan Group and Marriott International will introduce a JW Marriott Hotel and Residences. Construction and development will be handled by El...
Xpeng's robotics unit valued at over $6.3 billion after record funding roundThe proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build...
Apple may expand manufacturing in India beyond iPhonesIn an effort to bolster its device manufacturing sector, India has launched a new scheme aimed at enticing industry leaders like Apple and ...
Global Market: China stocks hold steady as investors await fiscal supportChina’s stock markets were largely subdued on Friday as investors weighed prospects of additional fiscal support against weak domestic dema...
Evergrande’s rise and fall: A timeline of China’s property crisisEvergrande founder Xu Jiayin received a life sentence and massive fines, marking a dramatic turn. The developer's collapse highlights ongoi...
India must turn Chinese investment into trade leverageIndia grapples with a persistent trade imbalance with China, a significant structural challenge. Embracing Chinese investment presents a st...
China robot makers flock to Beijing show, seek path to mass adoptionMore than 300 companies are attending the World Robot Conference which runs through Sunday, displaying over 2,000 exhibits and launching m...
Beijing shifts focus to counties for economic revivalThe government calls for upgrading consumption channels in counties, including renovating township commercial centres, rural markets and lo...
China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...
Beyond marathons and backflips, China's robots face a commercial testThe economic potential of humanoid robots manufactured in China is becoming increasingly evident. Investors are focusing on robots that can...
Global Market: Chinese, Hong Kong stocks slip as AI shares retreat; energy stocks gainChinese and Hong Kong stocks declined as investors booked profits in AI and technology shares, while energy stocks gained amid rising Middl...
Chinese humanoid robot maker Unitree to list in Shanghai on August 19Unitree's humanoid robots have drawn global attention for their running, dancing and performing of martial arts and the IPO was more than 8...
Gold edges higher on softer dollar as rate-hike expectations easeIn early Asian trading on Monday, gold prices experienced a modest uptick, buoyed by a weaker dollar and fresh economic statistics. Anticip...
Global Market Today: Asian shares mixed, dollar dips as Fed hike bets easeThe dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Trea...