China's exports and imports post strong July growth amid global AI demand

China recorded robust trade growth in July, with both exports and imports rising sharply from a year earlier as strong global demand for technology products—particularly those linked to artificial intelligence—continued to support the country's external sector. The latest customs figures suggest that international demand remains......

Shein prepares for Hong Kong IPO amid lower valuation expectations

Shein is preparing to begin investor meetings ahead of its planned initial public offering (IPO) in Hong Kong, marking a significant step toward one of the most closely watched stock market listings in the global e-commerce sector. According to reports, the online fashion retailer will use the meetings to gauge investor demand before finalizing......

China protests Japan’s defence white paper over Taiwan and security concerns

China has formally raised objections with Japan over Tokyo’s latest defence white paper, accusing the Japanese government of exaggerating the perceived Chinese military threat and making inappropriate comments regarding Taiwan. The dispute highlights growing tensions between the two Asian powers as both countries continue to strengthen......

China issues weather alerts as heavy rain and severe storms threaten multiple regions

China has issued new weather alerts as authorities prepare for heavy rainfall, severe thunderstorms and other hazardous weather conditions expected to affect several regions over the coming days. The warnings come as meteorologists forecast intense downpours, strong winds and the possibility of hail in parts of the country. According to the......

Unitree Technology expected to surpass $7 billion valuation after planned Shanghai IPO

Chinese robotics company Unitree Technology is expected to reach a valuation of more than 50 billion yuan ($7.4 billion) following its planned initial public offering in Shanghai, according to a report from IPO sponsor Citic Securities shared with institutional investors. The projected valuation highlights growing investor enthusiasm for......

CXMT considers second Beijing chip plant as China accelerates memory semiconductor expansion

CXMT, China's largest listed memory chip manufacturer by market value, is planning a second semiconductor fabrication plant in Beijing as it seeks to expand production capacity amid surging global demand for memory chips driven by artificial intelligence. According to sources familiar with the matter, the company is also negotiating financial......

Holcim to sell Philippines business to China’s Huaxin in $807 million agreement

Swiss building materials manufacturer Holcim has agreed to divest its operations in the Philippines to Huaxin Building Materials of China in a transaction valued at a minimum of $807 million, marking another significant restructuring move within the global cement industry. The deal will be completed in stages, with Huaxin initially acquiring......

China’s central bank signals timely monetary policy adjustments to support economic stability

China's central bank has reaffirmed its commitment to maintaining an accommodative monetary policy, pledging to adjust its policy tools promptly as economic conditions evolve while preserving sufficient liquidity across the financial system. The announcement followed a high-level policy meeting held by the People's Bank of China......

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