Investing.com-- Asian stocks extended sharp gains on Thursday, with Japan’s Nikkei hitting a record high, as investors took cues from a record close on Wall Street and assessed China's ... ( read original story ...)
Neway Valve soars in Shanghai as China IPO freeze ends
Shares in Neway Valve rose sharply on Friday after the Suzhou-based group raised $240m from a Shanghai listing, marking the end of a regulator-forced freeze in the primary market. Trading was briefly ... ( read original story ...)
Why Tesla stock is surging over 3% on Tuesday
UBS’s upgrade to Hold from Sell reduces near-term downside pressure into 4/22, while the market is already pricing AI/robo-taxi as the valuation driver. The stock’s recent drawdown plus “high ... ( read original story ...)
Lightelligence on track with IPO plans as China’s AI photonics race gathers pace
Shanghai-based company aims to become Hong Kong's first listed AI photonics chipmaker as AI infrastructure buildout drives momentum Silicon photonic computing chips - long overlooked in the artificial ... ( read original story ...)
Chinese AI Startup StepFun to Unwind Offshore Structure to Pave Way for IPO, Sources Say
Chinese AI agent StepFun is unwinding its offshore incorporation structure to pave the way for a planned Hong Kong initial public offering, three sources said, as Beijing tightens scrutiny of a ... ( read original story ...)
Tesla (TSLA) Stock: GigaShanghai Tagged as Future Optimus Robot Manufacturing Hub
Tesla China president identifies GigaShanghai as key facility for Optimus robot production, revealing plans to scale humanoid manufacturing alongside vehicles. ( read original story ...)
Chinese AI startup StepFun to unwind offshore structure to pave way for IPO
Shanghai-based StepFun, which develops general-purpose foundation models, has decided an onshore corporate structure would be more appropriate as it is heavily backed by state capital.Founded in ... ( read original story ...)