China’s tech push fuels fastest profit growth in 4 years amid signs of economic divide
Profit for firms on the chip-heavy Star Market under the Shanghai Stock Exchange surged more than fourfold from…
‘Cash is king’: Hong Kong, mainland Chinese firms hoard reserves as growth options narrow
More companies and conglomerates in Hong Kong and mainland China are hoarding cash on their balance sheets –…
Linglong cancels Hong Kong H share listing plans
Shandong Linglong Tyre Co. Ltd. has decided not to proceed with its previously announced plan to…
China’s LandSpace targets $1 billion IPO in reusable rocket tech push
BEIJING, Dec 31 (Reuters) – China’s rocket startup LandSpace plans to raise 7.5 billion yuan ($1.07 billion) in…
Moore Threads unveils new AI chips to challenge Nvidia
Chinese chip designer Moore Threads Technology has unveiled a suite of new products, including its next generation of…
Exclusive-Baidu’s Kunlunxin, valued at close to $3 billion, eyes Hong Kong IPO, sources say
Dec 5 (Reuters) – Kunlunxin, the AI chip unit of Chinese internet search giant Baidu, is planning an…