Updated corporate news on investor relations, earning reports, announcements and IPOs news, IPO offerings, eIPOs, listings and allotments ... ( read original story ...)
Cambricon’s Stock Jumps by Limit to Record High After Chinese AI Chip Giant’s First-Quarter Profit Nearly Triples
Cambricon Technologies' shares jumped by the exchange-imposed daily trading limit to hit a record high after the Chinese maker of artificial intelligence chips said its net profit almost tripled in ... ( read original story ...)
Shanghai’s Social Financing Speeds Up in First Quarter, Corporate Financing Costs Drop to Historic Low
Total social financing in Shanghai grew at a faster pace than a year earlier in the first quarter, while corporate financing costs plunged to a historic low in March, better meeting the financing ... ( read original story ...)
Xizhi Tech’s Stock Soars in Hong Kong in World’s First AI Optical Computing IPO
Shares of Xizhi Technology, also known as Lightelligence, surged on their first day of trading in Hong Kong, with the Chinese company becoming the world's first artificial intelligence optical ... ( read original story ...)
Lightelligence jumps by 400% in Hong Kong debut amid AI-driven demand for photonics chips
Shanghai-based firm's IPO reflects mainland China's push for photonics chips as a fast-growing alternative to conventional semiconductors Lightelligence, the first mainland Chinese photonics chipmaker ... ( read original story ...)
This AI IPO surged 400% on its Hong Kong stock market debut
Lightelligence turned what might have been a routine listing into a full-blown market spectacle on Tuesday, with its shares surging as much as 408% to HK$930 after pricing at HK$183.20 in Hong Kong. ( read original story ...)
Lightelligence jumps in Hong Kong debut amid AI-driven demand for photonics chips
Shanghai-based firm's IPO reflects mainland China's push for photonics chips as a fast-growing alternative to conventional semiconductors Lightelligence, the first mainland Chinese photonics chipmaker ... ( read original story ...)