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09.12.25 - 08:15
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IPO: Humanoid Robot Company GALBOT Reportedly Denies HK IPO (AAStocks)
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Chinese humanoid robot company GALBOT completed its shareholding reform procedures last month and is planning to float on Hong Kong bourse, with expectations to submit a listing application to the Stock Exchange as early as January 2026, as Tencent News "Yixian" earlier quoted sources as reporting.However, a company sp......
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09.12.25 - 05:45
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IPO: Humanoid Robot Company GALBOT Plans HK IPO: Report (AAStocks)
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Chinese humanoid robot company GALBOT has been preparing for a Hong Kong listing in recent months and is projected to submit its listing application to the Hong Kong Stock Exchange as early as next month, according to Tencent News "Yixian", citing people with the knowledge of the matter. GALBOT purportedly wrapped up i......
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09.12.25 - 05:30
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Midday Takeaway: HSI Closes Midday at 25,549, Down 215 pts; HSTI Closes Midday at 5,587, Down 74 pts; XINYI GLASS Down over 6%; BRILLIANCE CHI Hit New Highs (AAStocks)
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At midday close, HSI dropped 215 pts or 0.8% to 25,549. HSTI dropped 74 pts or 1.3% to 5,587. HSCEI fell 101 pts or 1.1% to 8,981.Active Heavyweights:XIAOMI (01810.HK) closed at $41.42, down 2.7%MEITUAN (03690.HK) closed at $98.1, down 1.4%PING AN (02318.HK) closed at $61.05, down 1.1%TENCENT (00700.HK) closed at $601, down 0.7%......
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09.12.25 - 05:06
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China′s AI chip race nears US$275bn; Cambricon, Hygon lead the field (Digitimes)
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Baidu is considering a spin-off and listing of its AI chip unit Kunlunxin, a development that has quickly become a focal point in China's fast-moving GPU and AI semiconductor market. The company said it is evaluating the potential listing but noted any move would require regulatory clearance and is not guaranteed....
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09.12.25 - 03:30
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Tencent QQ Announces Comeback of Classic Mode on PC (AAStocks)
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TENCENT (00700.HK)'s Tencent QQ announced that it will bring back the classic mode on its PC version. The PC QQ will support dual-mode switching, allowing users to import emoji packs, historical version of chat records, and more. ~AASTOCKS Financial NewsWebsite: www.aastocks.com...
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09.12.25 - 03:00
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H Shrs: HSI Opens 15 Pts Higher; Chips Weaken; BABA-W Rises 1%+ (AAStocks)
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The HSI opened 15 points or 0.06% higher at 25,780. The HSCEI dipped less than 1 point to 9,083. The HSTECH dropped 6 points or 0.11% to 5,656.In the tech sector, BABA-W (09988.HK) opened up 1.1%, the best performer among blue chips. TENCENT (00700.HK) edged 0.7% higher. LENOVO GROUP (00992.HK) and JD-SW (09618.HK) added 0.4% an......
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08.12.25 - 22:01
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Baidu Weighs Spinoff of AI Chip Unit for Independent Listing (Caixin)
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Baidu Inc. is weighing a spinoff and separate initial public offering of its artificial intelligence chip unit, the company confirmed Sunday, following weeks of speculation surrounding one of its most strategically valuable businesses.
In a filing to the Hong Kong Stock Exchange on Dec. 7, Baidu said it is exploring the possibility of spinning off and listing its non-wholly owned subsidiary, Kunlunxin (Beijing) Technology Co. Ltd. The company cautioned that the plan is still under evaluation and would require regulatory approval, with no guarantee of execution.
Shares of Baidu rose 3.5% in Hong Kong trading Monday, closing at HK$125.8 ($16.2).
The move comes amid Beijing's push to develop a self-reliant chip industry capable of offsetting the effects of U.S. export restrictions. A separate listing would allow Kunlunxin to independently raise capital and expand its customer base beyond Baidu, potentially enhancing its competitiveness in the fast-evolving AI accelerator market.
Founded in 2011, Kunlunxin...
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08.12.25 - 11:30
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HKD1.2B Southbound Trading Net Inflow to XIAOMI-W (AAStocks)
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There was HKD1.2 billion, HKD467 million and HKD432.2 million Southbound Trading net inflow to XIAOMI-W (01810.HK), SMIC (00981.HK) and POP MART (09992.HK).There was HKD762.4 million, HKD208.6 million and HKD103.6 million Southbound Trading net outflow from TENCENT (00700.HK), HUA HONG SEMI (01347.HK) and BABA-W (09988.HK).For S......
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08.12.25 - 10:45
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TENCENT Repurchases 1.049M Shrs for ~$636M (AAStocks)
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TENCENT (00700.HK) announced that it repurchased today (8th) 1.049 million shares of the company at a price ranging from HKD604.5 to HKD608.5 per share, involving approximately HKD636 million.Since the repurchase authorization resolution was passed, the group has cumulatively repurchased 86.197 million shares, accounting for 0.9......
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