BEIJING/SHANGHAI, July 16 (Reuters) - Chinese memory chip giant CXMT's $8.6 billion initial public offering drew strong interest from retail investors, with subscriptions exceeding the shares ... ( read original story ...)
2026 World AI Conference set to open in Shanghai
Staff members work at the Shanghai World Expo Exhibition and Convention Center in Shanghai, east China, July 16, 2026. Shanghai is ushering in its major AI moment of the year with the forthcoming 2026 ... ( read original story ...)
Shanghai agreement establishes World AI Cooperation Organization
Twenty-nine countries have signed an agreement in Shanghai, China, to establish the World Artificial Intelligence Cooperation Organization (WAICO). Chinese Foreign Minister Wang Y ... ( read original story ...)
CXMT’s Shanghai IPO more than 200 times oversubscribed by retail investors
BEIJING, July 16 (Reuters) - Chinese chipmaker CXMT's Shanghai STAR Market IPO was more than 200 times oversubscribed by retail investors, according to an exchange filing on the share offering. The ... ( read original story ...)
Shanghai synergises computing centres with grid in power infrastructure upgrade
Led by State Grid's local subsidiary, trial marks the largest single city-level adjustment of computing power load, says official newspaper Shanghai has pioneered the synergisation of computing centres with the power grid for peak-load management - a national first - as part of China's push to enhance computing-grid coordination as its upgrades power infrastructure amid ...
Museum hosts art therapy for families
Chairs painted by families are on display as part of an art therapy project by Wang Bo, as part of the Difference in Common projects at the Being Art Museum in Pudong district, Shanghai.[Photo provided to chinadaily. ( read original story ...)
Traders rush to place pre-IPO bets on Micron rival
Offered by Trade.xyz, the CXMT-USDC pair is a pre-IPO perpetual (IPOP) market. The CXMT contract tracks the value of 1 share of common stock in CXMT. Over the last 24 hours, trade ... ( read original story ...)