SHANGHAI: Mainland China and Hong Kong stocks advanced on Friday, with the Shanghai benchmark topping the psychologically important 4,100 points to a decade high, as investor sentiment improved on ... ( read original story ...)
Shanghai launches new action plan to foster adaptive industrial ecosystem
A new action plan developed and released by the municipal government on Sunday inspired the comments with its 26 detailed measures designed to improve the city's business environment. First rolled out ... ( read original story ...)
MiniMax lists in Hong Kong as largest IPO among AI foundation model companies
Shanghai-based AI company MiniMax listed on the Hong Kong Stock Exchange on Jan. 9. Shares surged more than 50% during intraday trading, pushing the ... ( read original story ...)
Devoted Gamer’s Fortune Soars to $2.4 Billion on MiniMax IPO
It took four years to reach this point — the first three were defined by pure agony,” Yan said in an interview with Bloomberg in November. MiniMax’s debut on the Hong Kong Stock Exchange Friday serves ... ( read original story ...)
Shanghai subway power bank explosion, man escapes as coat ignites
Dramatic viral footage showed the panicked commuter engulfed in flames as he descended an escalator at Shanghai West Railway Station, according to the US Sun. Shocked commuters we ... ( read original story ...)
Shanghai steps up oversight of delayed payment practices hurting suppliers
Task force set up to protect supply-chain vendors and stabilise manufacturing amid fierce price wars Shanghai, mainland China's commercial and financial hub, has pledged to step up policing its ... ( read original story ...)
Boxes of 100 server-grade DDR5 memory now cost as much as property in Shanghai in China spot market — single 256GB server sticks now over $5,700
In China’s spot market, vendors are quoting prices that put a box of 100 high-capacity DDR5 server memory modules at roughly 5 million yuan, ... ( read original story ...)