SHANGHAI: Chinese stocks fell to a three-month low on Tuesday and Hong Kong shares also declined, as concerns over a slowdown in China’s economy and escalating tensions in the Middle East weighed on ... ( read original story ...)
China’s private space firms eye IPOs to challenge SpaceX’s launch dominance
A wave of Chinese rocket companies is queuing up for public listings in Shanghai and Hong Kong, betting on reusable-rocket breakthroughs to break SpaceX's grip on the global launch market ... ( read original story ...)
The new space race: how China plans to break SpaceX’s launch monopoly with IPO push
As Beijing makes history by capturing the Long March-10B booster at sea, at least 15 aerospace firms are racing to go public on Shanghai's Star Market or in Hong Kong To challenge the global launch ... ( read original story ...)
Star Market at 7: tech-centric stock exchange powers China’s innovation rise
Attracting capital behind breakthroughs in frontier fields, the market is a key part of Beijing's drive for technology self-reliance President Xi Jinping gave investors a surprise in 2018 when he ... ( read original story ...)
Bank of Shanghai Wins Appeal Against Baoneng Over 2.6 Billion Yuan Debt
The ruling is part of the lender’s broader push to recover about 13 billion yuan in overdue principal from the embattled property conglomerate ... ( read original story ...)
Two blockbuster AI IPO’s on the horizon could leave crypto further behind
A wave of blockbuster AI listings is drawing billions of dollars from global investors, reinforcing a rotation away from crypto. ( read original story ...)
China’s ChangXin launches $4.3B memory IPO into an AI-driven chip boom
ChangXin Memory Technologies (CXMT) is about to open subscription for its Shanghai IPO worth about 29.5 billion yuan (approximately 4.33 billion dollars) on July 16. This is significant not only ... ( read original story ...)