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Chinese rocket firm LandSpace moves closer to US$1 billion IPO in Shanghai

Chinese rocket maker LandSpace aims to raise 7.5 billion yuan (US$1 billion) from an initial public offering (IPO) in Shanghai,…

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China’s DRAM giant CXMT plans US$4.2 billion IPO on Shanghai’s Star Market

CXMT Corporation, parent of Chinese memory chip giant ChangXin Memory Technologies (CXMT), aims to raise 29.5 billion yuan (US$4.2 billion)…

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New Business

China’s Nvidia warns of overheating risks after 723% share surge

A more than eight-fold surge in the share price of Chinese graphics processing unit (GPU) maker Moore Threads Technology has…

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Investors brace as Beijing’s policy huddle tests durability of China stock rebound

Investors are gearing up for a key economic policy meeting to be attended by President Xi Jinping and other top…

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Nexperia owner Wingtech names new president amid Sino-Dutch dispute over chipmaker

Wingtech Technology, the Chinese owner of Nexperia, has named experienced general counsel Sophie Shen Xinjia, a Columbia Law School graduate,…

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China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute

In a move that could dent China’s relations with the European Union, Chinese technology company Wingtech said control of its…

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Mainland Chinese listed companies’ first-half profit rises 2.5% to 3 trillion yuan

Mainland Chinese companies listed onshore recorded a total net profit of 3 trillion yuan (US$420 billion) in the first half…

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New Business

China’s mammoth merger of shipbuilders nears – and so do the industry implications

China’s two major shipbuilders appear to be mere days from completing a merger that will form the largest publicly listed…

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New Business

IPO: gold miner Shanjin plans Hong Kong listing amid record prices for precious metal

Shanjin International Gold, one of China’s biggest and most profitable gold miners, is planning a new stock offering in Hong…

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New Business

Robot maker AgiBot seeks stake in Shanghai-listed firm in potential back-door listing move

Tencent Holdings-backed AgiBot plans to acquire a controlling stake in a Shanghai-listed company for roughly 2 billion yuan (US$279 million),…

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