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Posted on 19/08/2021

China Mobile aims to raise US$8.6 billion in mainland’s biggest IPO for over a decade to finance 5G network expansion

The world’s largest wireless network operator, which listed in Hong Kong in 1997, is returning home to list in Shanghai after it was banished from the New York Stock Exchange in May under the orders ... ( read original story ...)

Posted on 19/08/2021

AI firm Yitu considers shifting initial public offering to Hong Kong as fundraising stalls on Shanghai Star market

China’s cash-starved AI firms, often burdened with heavy research and development expenses, are turning to public markets for funding even as Beijing’s scrutiny over tech IPOs increases. ( read original story ...)

Posted on 19/08/2021

Porotech teams with Chinese micro-LED display tech leader

University of Cambridge spin-out Porotech has unveiled its first partnership – with Jade Bird Display (JBD) in China, a leader in micro-LED display technology. Porotech will be providing ... ( read original story ...)

Posted on 19/08/2021

US stocks open lower, led by drops in health care, banks

Stocks are opening slightly lower on Wall Street Wednesday, a day after the S&P 500 had its biggest drop in four weeks and broke a five-day winning streak. Health care companies and banks were taking ... ( read original story ...)

Posted on 19/08/2021

Battery maker CATL inks deal to set up production base in Shanghai

Top Chinese electric-vehicle (EV) battery maker Contemporary Amperex Technology Co Ltd (CATL) signed an agreement to set up a production base in Shanghai, the city's government said on Wednesday. ( read original story ...)

Posted on 18/08/2021

Shanghai unveils measures to support chips, AI and trade in FTZ

The model of China's space station core module Tianhe on display in Shanghai Astronomy Museum in Lingang, Shanghai's Pudong New Area. Photo: Chen Xia/GT The Lingang Special Area of China (Shanghai) ... ( read original story ...)

Posted on 18/08/2021

Financing round-up: Shanghai MediTrust Health Technology, Bota Bio, MindFi, BrainQ

Israel: BrainQ, a stroke therapy technology company, raised US$40m in a funding round led by Hanaco Ventures, with Dexcel Pharma, and Peregrine Ventures, joining a group of existing investors: ... ( read original story ...)

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