China’s commercial launch sector is preparing for a major financial test as LandSpace moves ahead with plans to raise roughly $1 billion through an initial public offering. The reusable-rocket ... ( read original story ...)
Tesla’s Shanghai gigafactory hits monthly high in December, supplies over half of global deliveries for the year
Tesla's Shanghai Gigafactory delivered more than 97,100 vehicles in December 2025, setting a monthly record. Globally, it delivered 851,000 units in 2025, accounting for more than half of the ... ( read original story ...)
Shanghai’s stock market kicks off 2026 with a bang
Chinese stocks started 2026 robustly, with the Shanghai Composite index surpassing the 4,000 mark for the first time in three months. ( read original story ...)
MiniMax’s Hong Kong IPO set to hit US$538 million amid Chinese AI sector frenzy
The Alibaba-backed firm is set to price its 25.4 million shares at HK$165 each, the top end of its marketed range, sources say. ( read original story ...)
MiniMax plans to price HK IPO at top of range on Chinese AI fervour, Bloomberg reports
MiniMax, backed by Alibaba Group Holding Ltd and Abu Dhabi’s sovereign wealth fund, is among the first of China’s post-ChatGPT generative artificial intelligence firms to go public. ( read original story ...)
China AI IC developer Biren IPOs in Hong Kong
Biren’s success follows the December IPO of China GPU startup MetaX Integrated Circuits Shanghai which raised $585m in an IPO that was more than 2,986-times oversubscribed, with the post-IPO share ... ( read original story ...)
Shanghai Issues Ninth Annual Action Plan to Build First-Class Business Environment
A unified financing platform for small- and medium-sized enterprises will be launched citywide, facilitating banks' implementation of seamless loan renewal policies. Shanghai will also grant greater ... ( read original story ...)