Wall Street is opening slightly higher Wednesday, led by energy and healthcare stocks. The S&P 500 is recovering some of the ground lost in Tuesday’s late sell-off. The 10-year Treasury ... ( read original story ...)
English Exam Cheating Ring Busted in Shanghai
Twelve people have been sentenced to up to four years in prison after posing as students to take a Cambridge University-affiliated business English exam. ( read original story ...)
World Artificial Intelligence Conference to kick off in Shanghai
The WAIC will fully showcase the globalizing trend of AI technology applied in various kinds of scenarios, Shanghai Securities News reported. The conference covers a wide range of exhibitors from home ... ( read original story ...)
Chinese AI start-up Cambricon to raise US$367.7 million through IPO on Shanghai’s Star Market
Cambricon, one of China’s most valuable AI chip start-ups, has set a listing price of 64.39 yuan per share on Shanghai’s Star Market. ( read original story ...)
SMIC preps $6.55B Shanghai stock offering
SMIC (OTCQX:SMICY) plans to sell 1.69B new shares at 27.46 yuan ($3.89) Shanghai's new Science and Technology Innovation Board, better known as the STAR Market.The listing would give SMIC, China's ... ( read original story ...)
Chip maker SMIC more than doubles Shanghai share sale to US$6.5 billion after spike in Hong Kong-listed stock
China’s top semiconductor foundry prices share at 27.46 yuan each, with the deal’s underwriter reserving the option to expand the offer size by 15 per cent. ( read original story ...)
China chipmaker SMIC to raise $6.55 bln in Shanghai share sale
China's Semiconductor Manufacturing International Corp (SMIC) will raise 46.29 billion yuan ($6.55 billion) in a Shanghai share sale, more than double its initial target, pricing its offering ... ( read original story ...)