Driven by the substantial growth of new economic engines and new quality productive forces, Shanghai's GDP growth came at 5.5 percent in the first three quarters of the year, 0.3 percentage points ... ( read original story ...)
CXMT plans $5.6 billion IPO as China pushes for semiconductor self-sufficiency
ChangXin Memory Technologies (CXMT) is on its way to a 300 billion yuan ($42.12 billion) valuation if it successfully lists on Shanghai’s STAR market and raises as much as $5.6 billion in its upcoming ... ( read original story ...)
Chipmaker CXMT eyes US$42 billion Shanghai listing, sources say
IPO plans come as China’s semiconductor stocks surge, with the benchmark CSI CN semiconductor index rallying 49 per cent year-to-date. ( read original story ...)
Public suggestions shape Shanghai’s next five-year blueprint
While Shanghai saw its GDP stand at 5.39 trillion yuan ($760 billion) in 2024, ranking the fifth globally, the city started the preparation of the 15th Five-Year Plan (2026-30) in the same year, ... ( read original story ...)
Hong Kong set for IPO flurry with Sany Heavy Industry leading the charge
Shares of China’s biggest construction machinery manufacturer will debut on October 28, alongside three other new stocks. ( read original story ...)
Shanghai banking regulator says steel trade loans under control
The exposure of Shanghai's banks to heavily-indebted Chinese steel merchants is under control, the city's banking regulator said, with a non-performing loan ratio of 1.31 percent. Chinese banks are ... ( read original story ...)
China’s double whammy: Shanghai is sinking as sea level rise is fastest in 4,000 years
Researchers from Britain, China and the US warn in Nature article about increased flood risks from subsidence induced by human activity. ( read original story ...)