Shanghai Stock Exchange

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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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Chinese solar firms bank on overseas expansion to ensure survival in the face of US tariffs

Chinese solar and energy-storage companies will continue to press ahead with their overseas expansion with or without a long-term agreement…

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New Business

Chinese GoPro rival Insta360 sees strong debut in Shanghai IPO as firm eyes expansion

Insta360, the Chinese action camera maker challenging GoPro, surged 285 per cent in its trading debut on Shanghai’s Star Market…

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Why Hong Kong is China’s undisputed hub for global finance, at Shanghai’s expense

When Yan Jun was looking around last year for a stock market to raise capital for his Beijing-based traffic-control software…

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Tightened standards to block many LGFVs from selling bonds in Shanghai, Fitch says

The Shanghai Stock Exchange’s decision to tighten its bond-sale standards is expected to prevent many weak Chinese local government financing…

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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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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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