Shares in China's property developer Country Garden and its property service arm Country Garden Services Holdings tumbled on Monday, extending losses from the previous week on debt concerns. ( read original story ...)
China’s second-largest chip foundry Hua Hong Semiconductor to raise $3 billion in planned Shanghai IPO
VCG. Hua Hong Semiconductor, China's second-largest chip foundry, announced on Monday that it aims to raise up to 21.2 billion yuan ($ ... ( read original story ...)
Stock market today: World shares mixed as investors watch for Fed rate hike
World shares are mixed as investors cautiously await another interest rate hike by the Federal Reserve. Benchmarks rose in Tokyo and Frankfurt but fell in Paris and Shanghai. London was flat. U.S. ( read original story ...)
Hua Hong plans to strengthen automotive chip portfolio with China’s biggest IPO this year
Shanghai-based Hua Hong Semiconductor has revealed its plan to raise CNY21.20 billion (US$2.95 billion) through an initial public offering on Shanghai's STAR board. The foundry aims to sell 407.75 ... ( read original story ...)
Urban renewal to transform Xuhui into innovation hub
Shanghai's downtown Xuhui District is set to revitalize the Xujiahui commercial hub and introduce a cross-river cable car system on the West Bund, aiming to transform the areas in ... ( read original story ...)
China urges Japan not to disrupt chip industry after technology curbs take effect
China’s government has appealed to Japan not to disrupt the semiconductor industry after Japanese curbs on exports of chip-making technology took effect, adding to technology restrictions Washington ... ( read original story ...)
China property developers’ shares, bonds slump as sector worries deepen
By Jason Xue and Tom Westbrook SHANGHAI/SYDNEY (Reuters) -Stocks and bonds in China's real estate industry fell to around eight-month lows on Monday as repayment worries at two of the country's ... ( read original story ...)