SHANGHAI Port’s single-day container throughput surpassed 200,000 20-foot equivalent units (TEUs) on Saturday, reaching a record high of 203,881 TEUs, according to the Shanghai International Port ... ( read original story ...)
Unitree Technology set for Shanghai IPO valued over ¥50 billion
Unitree Technology is projected to exceed a $7.4 billion valuation after its Shanghai IPO, aiming to raise 4.2 billion yuan for innovation and production expansion. ( read original story ...)
Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says
By Samuel Shen and Yantoultra Ngui SHANGHAI/SINGAPORE, Aug 4 (Reuters) - Chinese robot maker Unitree Technology is expected to be valued at more than 50 billion yuan ($7.4 billion) after its planned ... ( read original story ...)
Shanghai, Hong Kong Gov’t-Backed Investors Launch USD76 Million Sci-Tech Fund to Boost Innovation
Shanghai State-owned Capital Investment is the cornerstone investor of the new fund, while Hong Kong tech firm Yeebo International Holdings is also one of the investors. The Hong Kong government's ... ( read original story ...)
How China’s CXMT listing in Shanghai put a huge dent in the KOSPI
If you’re the type to follow the goings-on of the global AI trade – or you have been listening to the HotCopper Wire podcast – you’re likely aware that Korea’s stock market, the KOSPI index, has been ... ( read original story ...)
China stock traders cut leveraged positions by 14% in July amid tech sell-off
Tech stocks plummeted in July as traders unwound leveraged positions, sparking a drop in margin financing and raising concerns in Beijing. ( read original story ...)
Xi’s Shanghai Tour Offers No Relief for the Housing Crisis
To acknowledge his commitment to resurrecting the property sector, Xi selected for his inspection tour the one district of Shanghai that best symbolizes the role of the CCP to deliver responsible ... ( read original story ...)