China's leading memory-chip manufacturer, is preparing a $4 billion share offering after significant technical advancements. ( read original story ...)
Stocks rally to record highs after Shanghai plunge
NEW YORK (MarketWatch) -- U.S. stocks rallied on Wednesday, sending both the Dow Jones Industrial Average and the S&P 500 to record closing levels, as the market bounced back from initial weakness due ... ( read original story ...)
Forget about the 2026 SpaceX IPO. This space stock is 1500x cheaper.
Founded in 2015, LandSpace is 13 years younger than SpaceX, and apples-to-apples, it's probably more than a decade behind SpaceX in terms of development. Still, I'd argue it's the ... ( read original story ...)
MiniMax lists in Hong Kong as largest IPO among AI foundation model companies
Shanghai-based AI company MiniMax listed on the Hong Kong Stock Exchange on Jan. 9. Shares surged more than 50% during intraday trading, pushing the ... ( read original story ...)
Devoted Gamer’s Fortune Soars to $2.4 Billion on MiniMax IPO
It took four years to reach this point — the first three were defined by pure agony,” Yan said in an interview with Bloomberg in November. MiniMax’s debut on the Hong Kong Stock Exchange Friday serves ... ( read original story ...)
Shanghai steps up oversight of delayed payment practices hurting suppliers
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 ...)