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 ...)
LandSpace seeks $1 billion as reusable rocket IPO moves forward
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 ...)
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 ...)