However, with the interest-rate cycle returning to more normal levels and equity cushions rebuilt, banks have re-rated from trading at 25%-50% discounts to tangible book value (TBV) to roughly 1.1 ... ( read original story ...)
FACTBOX: Hong Kong vs Shanghai as global financial centres
The Chinese government's plans to develop Shanghai into a global financial center over the next decade are set to challenge Hong Kong's foothold as the region's financial hub. Yet in many areas ... ( read original story ...)
Oman: MSX inks pacts with Shanghai and Shenzhen bourses
In the first half of 2025, Shanghai Stock Exchange recorded a market capitalisation of $7.62 trillion ... ( read original story ...)
Tesla Optimus Rival Unitree Robotics Targets $7 Billion Shanghai IPO With Alibaba-Tencent Backing: Report
China's Unitree Robotics is pursuing a $7 billion valuation for its initial public offering, positioning itself as a potential market leader. ( read original story ...)
Tesla Stock (TSLA) Defiant as Robot Rival Unitree Plans $7B Chinese IPO
Chinese robotics rival Unitree is likely to be valued at $7 billion when it launches its planned IPO in Shanghai. STAR Listing ... ( read original story ...)
Chinese robotics leader Unitree Robotics preps for $7 billion IPO in China
Unitree Robotics was founded in 2016 by Wang Xingxing, a robotics engineer whose early work focused on developing affordable and agile legged robots, starting with the XDog prototype during his ... ( read original story ...)
Exclusive-Chinese robotics firm Unitree eyeing $7 billion IPO valuation, sources say
China's Unitree Robotics is looking at as much as 50 billion yuan ($7 billion) in company valuation for its planned initial public offering, two people with knowledge of the startup's plans said. Unit ... ( read original story ...)