China IPOs put chip war battle scars on display

US export controls have created an opening for Moore Threads and MetaX, which are raising $2 bln in Shanghai. Sales are surging but are dwarfed by R&D and other costs. It offers a glimpse at ... ( read original story ...)

Shanghai, HK twin engines of financial strength

The dual circulation jointly built by Shanghai and Hong Kong as the country's two currency hubs is especially important in light of the periodic fluctuations of the US dollar's credit cycle. This will ... ( read original story ...)