Task force set up to protect supply-chain vendors and stabilise manufacturing amid fierce price wars Shanghai, mainland China's commercial and financial hub, has pledged to step up policing its ... ( read original story ...)
Shanghai’s Lingang to Establish Offshore Financial (Economic) Functional Zone to Enhance Openness
(Yicai) Jan. 8 -- Lingang Special Area, a key testing ground for economic and trade policies within the Shanghai Free Trade Zone, will establish an offshore financial (economic) functional zone this ... ( read original story ...)
China’s OpenAI rival Zhipu rises after $715 million IPO
Zhipu is the first of China’s “AI tigers” - start-ups building large language models - to go public. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
China’s OpenAI rival Zhipu debuts in Hong Kong after US$558 mil IPO
Zhipu, founded in 2019 by researchers from China’s Tsinghua University, is celebrated as a pioneer in the nation’s AI industry. It is backed by Alibaba Group Holding Ltd., Tencent Holdings Ltd. and ... ( read original story ...)
Shanghai’s Stock Market Hits 10-Year High as Insurers Gain
(Yicai) Jan. 6 -- The Shanghai Composite Index reached a 10-year peak, topping last November’s bull-market high, as insurance stocks climbed further, with analysts forecasting more upside on the back ... ( read original story ...)
Davis Polk, KWM, Fangda, Jingtian Drafted In As Chinese AI Companies Launch Multi-Million Dollar Hong Kong IPOs
Several other Chinese AI companies have listed in Shanghai in recent months raising billions of dollars. In Hong Kong, AI issuer IPOs are also heating up. ( read original story ...)
Chinese A-share market goes off to a spectacular start in 2026 as Shanghai composite index surges to new highs in a decade
Chinese A-share stock market rallied strongly after the New Year Day holiday, with the benchmark Shanghai Composite Index rose 1.14 percent to hover at 4,069.38 points in morning trading on Tuesday, ... ( read original story ...)