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China Daily | CXMT debuts as most valuable A-share stock, surpassing Intel in market value
China's leading memory chipmaker, ChangXin Memory Technologies, made a blockbuster debut on Shanghai's STAR Market on Monday, becoming the most valuable stock on China's A-share market — surpassing US chipmaker Intel in market capitalization... -
China Daily | Unitree Robotics founder featured in TIME magazine
Unitree Robotics founder and CEO Wang Xingxing has become one of the few Chinese technology entrepreneurs to appear on the cover of TIME magazine, as global competition to commercialize humanoid robots intensifies and investors increasingly view embodied artificial intelligence as the next frontier... -
YICAI | BeOne Medicines to Invest USD300 Million Expanding New Jersey Facility
BeOne Medicines, the oncology business previously known as BeiGene, said it will invest an additional USD300 million to expand its flagship manufacturing and clinical research center in the United States, adding new production capacity for small molecule drugs... -
YICAI | Star Market-Listed Firms Have Raised USD177 Billion in Seven Years Since Sci-Tech Board Opened
The Star Market, Shanghai's Nasdaq-like stock trading venue, opened seven years ago today, and in that time its 611 listed companies have raised more than CNY1.2 trillion (USD177.1 billion) between them and have a combined market capitalization of over CNY13 trillion (USD1.91 trillion)... -
YICAI | UBS Sees China Tech, AI Stocks Leading Market Again After Pullback
UBS Securities, the Chinese securities arm of Swiss financial giant UBS Group, remains optimistic about China's technology and artificial intelligence stocks despite a recent pullback in global equity markets, saying the sector is still expected to lead market gains in the second half of the year... -
YICAI | China Merchants Energy Wins Long-Term Shipping Deal for Africa's Biggest Mining Project
China Merchants Energy Shipping, which operates a vast fleet for global energy and commodity transportation, said its Hong Kong subsidiary will sign a long-term deal to ship iron ore from Guinea's Simandou project, the largest mining venture in African history... -
Securities Times | 25 SSE-listed Companies Announce New Share Buyback and Shareholding Increase Plans Worth Over RMB 10 Billion in a Single Night
On the evening of July 20, a total of 25 companies listed on the Shanghai Stock Exchange announced new share buyback and shareholding increase plans, with the combined cap in excess of RMB 10 billion... -
China Daily | CSRC to hold market stability symposium
The China Securities Regulatory Commission will convene a special symposium on Monday to gather suggestions on promoting the stable and healthy development of the country's capital market, China Daily has learned from sources close to the regulator... -
Xinhua | Chinese state-owned capital operation firms announce share purchase plans amid confidence in China's capital market
China Reform Holdings Corporation Ltd. and China Chengtong Holdings Group Ltd., two central state-owned investment firms, announced on Sunday that they remain firmly confident in the prospects of China's capital market and will continue to increase holdings in stocks of central state-owned enterprises... -
China Daily | Chinese chipmaker sets Shanghai IPO price
ChangXin Memory Technologies, China's leading DRAM memory chipmaker, priced its long-awaited Shanghai initial public offering on Tuesday, paving the way for subscriptions in what is expected to become one of the country's largest semiconductor listings as Beijing accelerates its push for AI chip self-sufficiency... -
YICAI | China's Embodied AI Financing Jumps Five Times to Nearly USD14 Billion on IPO Hopes, LLM Progress
China's embodied artificial intelligence sector attracted CNY93.5 billion (USD13.8 billion) of financing in the first half, a fivefold jump from a year ago, as breakthroughs in large language models, expectations of initial public offerings by leading developers, and policy support fueled investor enthusiasm... -
YICAI | China's Dizal Pharma Jumps by Limit After Granting AstraZeneca Global Rights to Lung Cancer Drug in Up to USD1.5 Billion Deal
Shares of Dizal Pharmaceutical surged by their daily trading limit after the Chinese drugmaker granted AstraZeneca the exclusive global rights to its first-in-class lung cancer treatment in a deal worth as much as USD1.5 billion... -
YICAI | Share Buybacks for "Share Cancellation" or "Market-Stabilizing" Gain Momentum on the SSE Main Board for Shoring Up Market Sentiment against Headwinds
Amid heightened volatility in the secondary market, a growing number of listed companies are turning to share buybacks. Since July, several major Main Board companies, including COSCO Shipping Holdings, Juneyao Airlines, and Wangfujing Group, have rolled out new buyback plans... -
Securities Times | SSE-Listed Companies Set to Distribute Nearly RMB 260 Billion in Cash Dividends
The latest statistics show that SSE-listed companies have distributed over RMB 890 billion in cash dividends based on their 2025 annual results, with approximately another RMB 260 billion set to be paid out in the near term... -
YICAI | China's Hec Tech Jumps After Landing Another Computing Services Deal Worth Up to USD2.2 Billion
Shares of Hec Technology Holding rose after the Chinese electronic and new materials supplier said its artificial intelligence computing power unit has landed a services deal worth up to CNY15 billion (USD2.2 billion) from a new corporate client... -
YICAI | China's Outbound Licensing of Innovative Drugs in First Half Nears Last Year's Total
As China's pharmaceutical innovation gains international recognition, the transaction value of outbound licensing deals of Chinese innovative drugs approached last year's total in the first half of this year...