Shanghai Stock Exchange

New Business

Cambricon, China’s AI chip leader and answer to Nvidia, predicts first quarterly profit

China’s most valuable artificial intelligence (AI) company, whose stock surged more than 470 per cent in the past 12 months,…

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New Business

A bleak 2025 awaits China’s 30,000 car dealers as price war piles on US$24 billion losses

More than 30,000 car dealers in mainland China are facing another bleak year in 2025, with many turning from profit-generators…

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New Business

Country Garden pledges to deliver homes on time amid debt restructuring, litigation

Country Garden Holdings pledged to deliver homes to buyers on time and maintain good communications with authorities and stakeholders, as…

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New Business

Founder of Chinese AI firm DeepGlint, an early mover, steps back amid rising losses

The founder of Beijing-based artificial intelligence (AI)-based image recognition firm DeepGlint has stepped down as general manager, as the company…

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New Business

CSRC vice-chairman Fang Xinghai makes way for ex-head of regulator’s enforcement unit

Two sources familiar with the workings of the CSRC said Fang’s removal had been expected because of his age, but…

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New Business

China’s second-largest car dealer faces forced delisting as investors snub its shares

China Grand Automotive Service, the mainland’s second-largest car dealer in terms of sales, is set to be expelled from the…

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