Chinese chipmaker Semiconductor Manufacturing International Corp (SMIC) is planning to set up a new chip product line in Shanghai worth USD 8.87 billion, as part of China's ambitions for semiconductor ... ( read original story ...)
HUTCHMED Announces Selection of Its Shares in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect Programs
HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., Sept. 06, 2021 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM: HCM; HKEX: 13) today announces that the Company’s ordinary ... ( read original story ...)
Shanghai Startup CellX Debuts Cultivated Pork, Bags $4.3M To Bring Cell-Based Meat To China
Shanghai-based cell-based meat startup CellX has secured $4.3 million in a fresh funding round led by Sequoia-affiliated Beijing VC ZhenFund. ( read original story ...)
China’s SMIC To Invest US$8.87 Billion Into New Chip Plant
Semiconductor Manufacturing International Corporation (SMIC), the Chinese chipmaker that came into the spotlight at the height of the US sanctions imposed by the former Trump administration, is set to ... ( read original story ...)
China equities rise on new stock exchange plan, government support; HK up
Chinese equities rose sharply on Monday, led by tech shares, as plans for a new stock exchange in Beijing and a slew of market-friendly rhetoric from government officials boosted sentiment. Hong Kong ... ( read original story ...)
Asian stock markets rise after weak US hiring data
Asian stock markets rose Monday after weak U.S. hiring in August fueled expectations the Federal Reserve might postpone withdrawal of economic stimulus that has boosted stock prices. Shanghai, Tokyo ... ( read original story ...)
SMIC to invest US$8.8 billion to build new fab in Shanghai
China-based Semiconductor Manufacturing International (SMIC) has disclosed it has struck a deal with the administrative committee of the Lingang Free Trade Zone (FTZ) under which the pure-play foundry ... ( read original story ...)