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Posted on 26/06/2025

China AI Chip Firm Biren Raises New Funds, Plans Hong Kong IPO, Say Sources

BEIJING (Reuters) -Chinese AI chip startup Biren Technology has raised about 1.5 billion yuan ($207 million) in fresh funding and is preparing for a Hong Kong initial public offering, people familiar ... ( read original story ...)

Posted on 26/06/2025

Hong Kong’s de facto central bank intervenes as currency hits weak end of trading range

Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local currency hit the weak end of its trading band. The city's currency is pegged in a ... ( read original story ...)

Posted on 26/06/2025

China opens first offshore gold vault and contracts in Hong Kong

SINGAPORE] The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. Read more at The Business ... ( read original story ...)

Posted on 26/06/2025

Louis Vuitton opens ship-inspired concept store in Shanghai

Louis Vuitton has unveiled a life-size cruise ship installation, dubbed The Louis, at Taikoo Hui in Shanghai’s Nanjing West Road. ( read original story ...)

Posted on 26/06/2025

My dad’s death led me to China. Living in Shanghai helped me heal

Growing up, Maria Hsin's father didn't talk about his past or his Chinese roots. After he died, she spent two years in Shanghai. ( read original story ...)

Posted on 26/06/2025

Hong Kong’s de facto central bank intervenes as Hong Kong dollar hits weak end of trading range

Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollar against the Hong Kong dollar, which hit the weak end of its trading band. The city's currency is pegged in a narrow ... ( read original story ...)

Posted on 26/06/2025

World-first ship-to-ship CO₂ transfer completed in Shanghai without using port or pipes

In a world-first, Shanghai pulled off the first ship-to-ship transfer of liquid CO₂, marking a breakthrough in maritime decarbonization and turning ship emissions from waste into commodity. The ... ( read original story ...)

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