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31.12.25 - 06:48
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China Manufacturing Sector Recovers In December (AFX)
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BEIJING (dpa-AFX) - China's manufacturing activity rebounded in December as output returned to growth amid higher inflows of new work, survey data from S&P Global showed on Wednesday.The RatingDog......
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31.12.25 - 05:36
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China′s DRAM giant CXMT plans US$4.2 billion IPO on Shanghai′s Star Market (SCMP)
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CXMT Corporation, parent of Chinese memory chip giant ChangXin Memory Technologies (CXMT), aims to raise 29.5 billion yuan (US$4.2 billion) from an initial public offering in Shanghai to fund technology upgrades, as Beijing presses ahead with its drive for tech self-reliance amid geopolitical tensions.
The Shanghai Stock Exchange received CXMT's application for a listing on the Nasdaq-style Star Market, a filing on the bourse's website showed on Tuesday night. This marks a critical step towards......
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31.12.25 - 04:24
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China AI start-up MiniMax kicks off US$538 million Hong Kong IPO (SCMP)
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Chinese generative artificial intelligence start-up MiniMax Group has kicked off its Hong Kong initial public offering (IPO), seeking to raise up to HK$4.19 billion (US$538 million) to support its growth as competition intensifies in China's fast-moving AI sector.
The Shanghai-based company would offer 25.39 million shares globally, with about 5 per cent allocated to Hong Kong retail investors and the rest to international investors, according to a stock exchange filing on Wednesday.
Shares were......
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31.12.25 - 04:06
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Airbus scores major win in China with orders for 145 A320 aircraft (SCMP)
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European aviation giant Airbus won another two major orders from Chinese clients for a total of 90 A320neo aircraft on Tuesday, just a day after receiving orders for 55 passenger jets of the same model from two other Chinese airlines.
The orders came weeks after Airbus' CEO accompanied French President Emmanuel Macron on a state visit to China and mark a big win for the European manufacturer over its American competitor Boeing in one of the world's biggest aviation markets.
Air China, Beijing's......
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