By Samuel Shen, Jiaxing Li and Rae Wee SINGAPORE/SHANGHAI, Dec 1 (Reuters) - Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old equities rally ... ( read original story ...)
China’s Moore Threads shatters records with $1.1bn IPO
Chinese GPU start-up, Moore Threads, has seen its IPO bids worth $4.5 trillion exceed Nvidia's market capitalisation, despite the company still being loss-making. ( read original story ...)
Analysis-China’s slow-motion stock rally starts to win investor trust
By Samuel Shen, Jiaxing Li and Rae Wee SINGAPORE/SHANGHAI, Dec 1 (Reuters) - Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old equities rally ... ( read original story ...)
Nvidia rival Moore Threads sets record with 4,000x-plus subscription frenzy in China – Know all about this mind-boggling IPO buzz
The scale of interest makes it one of the year's most closely watched Chinese listings, highlighting investor appetite for a domestic GPU developer at a time when US export controls have squeezed Nvid ... ( read original story ...)
The cost of living and housing in China is forcing young people to move out of megacities
Tired of the hyper-competitiveness of metropolises like Beijing and Shanghai, a new generation is beginning to move to cities like Chengdu and Changsha ... ( read original story ...)
Gold rally dents sales at China’s jewellery retailers
Chow Tai Fook, China’s biggest jewellery retailer by sales, has closed about 1,000 mainland stores this year, a reduction of 15 per cent. The company on Tuesday reported net profit of HK$2.5bn ... ( read original story ...)
Shanghai bets on manufacturing to buttress finance in two-pronged growth plan
City’s next five-year plan expected to contain measures designed to lift manufacturing’s share of GDP to no less than 25 per cent. ( read original story ...)