Wang Bing, chairman and CEO of semiconductor component maker Chongqing Genori Technology, has amassed a fortune of $4.7 billion as shares soared almost 1,200% after its Shanghai listing. ( read original story ...)
China central bank to add tool to better manage short-term liquidity
SHANGHAI/BEIJING, June 25 (Reuters) - China's central bank said it will debut overnight lending next week, offering reverse-repos to banks and brokers as it deepens control over what have been ... ( read original story ...)
China Resources New Energy IPO draws $943B in bids
Record-breaking demand: Retail investors placed bids worth 6.4 trillion yuan, making it Shenzhen’s largest IPO on record. Historic scale: The IPO could raise 24.5 billion yuan, the biggest domestic ... ( read original story ...)
UnionPay showcases fintech innovations with 15 partners at Shanghai exhibition
SHANGHAI, CHINA - Media OutReach Newswire - 22 June 2026 - The 2026 China International Financial Exhibition opened in Shanghai on June 16-18. UnionPay, together with 15 global ecosystem partners, ... ( read original story ...)
Hong Kong, Shanghai Capital Markets Are Vital for Int’l Funds’ Asset Allocation in China, SAR’s Financial Secretary Says
(Yicai) June 22 -- The capital markets of Hong Kong and Shanghai have become an important channel for international funds to allocate Chinese assets thanks to their scale, depth, and development ... ( read original story ...)
Shanghai Iluvatar CoreX Semiconductor (SEHK:9903) Stock Looks Fully Valued After A 42% Monthly Jump
Recent Price Moves Put Shanghai Iluvatar CoreX Semiconductor In Focus Shanghai Iluvatar CoreX Semiconductor (SEHK:9903) has drawn attention after sharp recent gains, with the stock up about 21% in the ... ( read original story ...)
As Anthropic heads to Wall Street, China builds an AI Nasdaq
China is eager to get its firms listed quickly enough that they benefit from a domestic parallel to the craze for US companies like SpaceX and OpenAI. ( read original story ...)