Unitree Technology expects a valuation exceeding fifty billion yuan after its Shanghai IPO. The robot maker aims to raise funds for innovation and production expansion. This listing occurs amid ... ( read original story ...)
China’s stock market sees drop in new A-share, margin-trading accounts amid tech sell-off
The number of new stocks opened on Shanghai Stock Exchange was down 7 per cent month on month New account openings and leveraged trading in mainland China's stock market slowed in July as a global ... ( read original story ...)
Dram maker CXMT sees shares surge 466% after show-stealing Shanghai stock market debut
'It's hard to say the optimism is sustainable.' ... ( read original story ...)
Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says
By Samuel Shen and Yantoultra Ngui SHANGHAI/SINGAPORE, Aug 4 (Reuters) - Chinese robot maker Unitree Technology is expected to be valued at more than 50 billion yuan ($7.4 billion) after its planned ... ( read original story ...)
How China’s CXMT listing in Shanghai put a huge dent in the KOSPI
If you’re the type to follow the goings-on of the global AI trade – or you have been listening to the HotCopper Wire podcast – you’re likely aware that Korea’s stock market, the KOSPI index, has been ... ( read original story ...)
China stock traders cut leveraged positions by 14% in July amid tech sell-off
Tech stocks plummeted in July as traders unwound leveraged positions, sparking a drop in margin financing and raising concerns in Beijing. ( read original story ...)
Chipmaker CXMT becomes mainland China’s most valuable listed firm
The company's shares soared by 470% in its market debut, as the AI boom drives chip demand. ( read original story ...)