Shanghai
‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after $1.1 billion listing
An illustration photo shows Moore Threads logo in a smartphone in Suqian, Jiangsu Province, China on October 30, 2025. Cfoto | Future Publishing | Getty Images Shares of Moore Threads, a Beijing-based graphics processing unit (GPU) manufacturer often referred to as “China’s Nvidia,” soared by more than 400% on its debut in Shanghai following its […]
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How Alibaba overcame Beijing’s crackdown to become an AI giant
On a cold November evening in Shanghai in 2020, the world’s largest IPO was abruptly canceled by Chinese regulators. It was Ant Group, the fintech affiliate of tech giant Alibaba. The company’s founder Jack Ma, one of China’s most famous billionaires, was under scrutiny for comments seemingly criticising the country’s financial regulators. What followed was four years of […]
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American farmers push to boost soybean sales in China as Trump’s trade war rumbles on
After President Donald Trump’s recent meeting with Chinese leader Xi Jinping, there is hope for U.S. farmers that the soybean business may be on the way back. At the China International Import Expo last week, Illinois soybean farmer Scott Gaffner said he came to Shanghai to save his China business. “We want to make sure […]
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Chinese stocks are on fire this year, drawing big interest from foreign and domestic investors
When Hou Yujie isn’t convincing customers to rent traditional Chinese clothing for photos at the country’s famous Forbidden City, she and her friends are checking stocks. Hou recently put 10% of her money in the market. In just a few days, she earned one month’s salary — and she’s thrilled. “Interest rates for bank deposits […]
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CNBC’s The China Connection newsletter: From gamblers to investors?
Hello, this is Evelyn, writing to you from Hengdian, Zhejiang province. Locals are getting more excited about the stock market again. There’s much debate about what’s driving the gains, but there are signs of a deeper change afoot in what’s long been considered a more speculative market. Enjoy! This report is from this week’s CNBC’s The China Connection newsletter, which brings you […]
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The chart that shows how U.S. companies are trying to beat Trump’s China trade war
In an aerial view, a container ship arrives at the Port of Oakland on August 1, 2025 in Oakland, California. Justin Sullivan | Getty Images The Trump administration’s latest escalation of the trade war with China has drawn several parallels to its origins back in 2018. However, there is a significant difference: the degree to […]
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Asia-Pacific markets set to open mixed as investors bet on Fed rate cut
CNBC Pro: Buy or avoid India’s IT stocks after recent job cuts? 3 pros share their take Here are the opening calls for the day Good morning from Singapore. Investors are awaiting the release of a slew of employment-related data from Australia. Economists polled by Reuters expect an increase of 25,000 employed individuals in July, […]
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Asia-Pacific markets set for mixed open ahead of RBA rate decision, key U.S. inflation data
U.S. futures mostly move up in early Asia hours Here are the opening calls for the day Good morning from Singapore. The U.S.-China trade truce extension overnight has allowed the world’s largest economies more room to negotiate a deal. Investors, meanwhile, await the Australian central bank’s rate decision. The Reserve Bank of Australia is expected […]
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Asia-Pacific markets trade mixed as two key Wall Street benchmarks fall
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Friday. As of 8:12 a.m. Singapore time (8:12 p.m. ET Thursday), Japan’s Nikkei 225 benchmark rose 1.18% while the broader Topix index added 0.87%. In South Korea, the Kospi index fell 0.13% while the small-cap Kosdaq increased by 0.65%. Over in Australia, the S&P/ASX 200 benchmark was down […]
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Asia markets set to open lower as investors weigh Trump’s vow on fresh chip tariffs
U.S. equity futures ticked up in early Asia hours Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on chip stocks following U.S. President Donald Trump’s vow to impose 100% tariffs on imported semiconductors and chips, unless they are made by companies “building in the […]
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