SHANGHAI (Reuters) -China stocks closed at an eight-month high on Tuesday, while Hong Kong shares extended gains to a multi-year peak, driven by construction and power firms after work began on a ... ( read original story ...)
Xunlei Limited Announces Arashi Vision’s Successful IPO on Shanghai …
Potential Positives. Xunlei Limited holds approximately 7.8% equity interest in Arashi Vision, which has successfully completed its initial public offering on the Shanghai Stock Exchange STAR Market. ( read original story ...)
Insta360 Shares Surge in Their China Debut – MarketWatch
Arashi Vision, which does business as Insta360, rose nearly four-fold to 178.93 yuan, the equivalent of $24.89, early Wednesday on the Shanghai Stock Exchange Science and Technology Innovation board. ( read original story ...)
China’s price wars hit investment banking as underwriters charge $100 fees
Bankers say pressure to undercut rivals has become acute as price-sensitive state-owned issuers dominate market ... ( read original story ...)
Lawmakers Subpoena JPMorgan and BofA Over IPO of Chinese Battery Startup
A House committee focused on national security had previously urged banks to stop work on CATL’s initial public offering. ( read original story ...)
AWS reportedly shutters AI research lab in Shanghai
A former applied scientist at the lab reportedly announced its closure in a post on WeChat, China’s most popular social network. The Financial Post cited the researcher as saying that the lab “was ... ( read original story ...)
Amazon Reportedly Shuttering Shanghai AI Lab Amid Heightened U.S.-China Strains
Amazon (NASDAQ:AMZN) is reportedly shutting down its artificial intelligence research lab in Shanghai, a move that highlights the growing challenges American tech companies face in China, according to ... ( read original story ...)