China’s biggest chipmaker will be part of a joint investment of $8.87 billion to build a new fab facility in Shanghai to reduce the country’s reliance on overseas foundries. ( read original story ...)
Veteran regulator and market reformer Xu Ming picked as Beijing Stock Exchange boss
An academic-turned-regulator, Xu Ming worked at the Shanghai Stock Exchange for seven years before joining the New Third Board, where he is credited with overseeing effective reforms. ( read original story ...)
Xi Jinping wants to keep IPOs closer with a new stock exchange in Beijing
China's newest innovation-focused exchange won't be in its tech or finance capitals, but in its political capital. ( read original story ...)
China’s biggest chipmaker plans $8.87 billion fab in Shanghai
China's Semiconductor Manufacturing International Corp. (SMIC) will spend $8.87 billion on a new semiconductor fab, amid a global chip shortage. The new factory is expected to be able to produce ... ( read original story ...)
Shanghai Stock Exchange pauses trading in China Evergrande bond
China Evergrande Group's exchange-traded 6.98% July 2022 corporate bond was temporarily suspended from trading following abnormal fluctuations, the Shanghai Stock Exchange said in a statement on ... ( read original story ...)
SMIC partners with Shanghai on $9B chip plant
SMIC agreed to partner with the Shanghai government to build an $8.9 billion chip factory in a free trade zone in the city. ( read original story ...)
China shares rise on new stock exchange plan, government support
Chinese equities rose sharply on Monday as plans for a new stock exchange in Beijing and a slew of market-friendly rhetoric from government officials boosted sentiment. ( read original story ...)