Baidu (NASDAQ:BIDU) is moving to sharpen the investor story around Kunlunxin, its chipmaking unit, as the company pursues an IPO on Shanghai's STAR Board while also keeping a separate Hong Kong ... ( read original story ...)
Baidu’s Kunlunxin files for dual Hong Kong and Shanghai STAR Market listing
Morgan Stanley expects Kunlunxin to remain a consolidated subsidiary of Baidu when it lists in Hong Kong. The firm noted the possibility of future strategic investors, particularly from the supply ... ( read original story ...)
IPO Quote Profile
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 ...)