The Shenzhen Stock Exchange will review an initial public offering from XFusion, a server maker, on November 12. The decision could give Zhengzhou its first homegrown computing champion as China's AI hardware race heats up.
Wang Jianlin has taken back the chairmanship of Dalian Wanda Commercial Management, the property and mall unit at the center of his group's debt troubles, 14 years after he last held the role. Chen Hongtao steps down as chairman but stays on as director, manager and legal representative.
Wanchen Group, owner of the Haoxianglai and Laoporenliang discount snack chains, was placed under investigation on November 2 for suspected disclosure violations, days after reporting a 52.15% revenue jump to 55.6 billion yuan for the first nine months of 2026.
Talk of a regulatory pause on IPOs has rattled Chinese dealmakers, but insiders describe a selective slowdown rather than a blanket stop. The shift follows weak secondary-market performance and echoes the staged tightening that began in 2023.
GoGoX, the Hong Kong-listed on-demand freight platform once known as 58 Suyun, plans to sell its mainland China business for a symbolic one yuan. The move caps a four-year slide from a HK$10 billion-plus listing debut and points to a brutal same-city cargo market.
Unitree Robotics' shares have climbed more than 70% over 12 trading days, lifting its market value past 280 billion yuan, yet its first post-IPO quarterly report showed revenue up 69.93% to 665 million yuan while adjusted profit fell 17.42%. The gap between the stock and the numbers is the story.
A Wuhan laser-equipment maker plans to fund a 400-million-yuan acquisition largely with leftover IPO cash, paying a 532% valuation premium to buy into lithium-battery manufacturing. The deal shows how Chinese equipment suppliers are buying their way onto the battery supply chain as the lithium cycle swings.
Commercial space companies pulled in roughly $3.3 billion across 49 deals in China in the third quarter of 2026, part of a record $20.8 billion global quarter. A new valuation debate asks whether the numbers on their books can actually be trusted.
Anthropic's investor-day figures looked solid, but participants now discuss cutting its IPO valuation from about $2 trillion to $1.5 trillion. The gap tests how much pressure the AI sector's biggest listing can absorb.
SK Hynix has paused the planned IPO of its US subsidiary Solidigm despite rising memory chip prices, leaving investors and Chinese storage players waiting. The move highlights how volatile semiconductor valuations are reshaping the industry's access to public markets.
MiniMax closed at HK$160.7 on October 22, below its IPO price, despite first-half revenue of $116.6 million. The stock is down from a March peak of HK$1,330 that valued the company above HK$400 billion.
Claude's maker Anthropic could publicly file its S-1 prospectus as soon as Friday, kicking off what may be the largest IPO ever. The listing is seen as a stress test for investor appetite amid doubts over massive AI spending.
DayOne Data Centers, a Singapore-based operator with major Chinese backing, has filed for a Nasdaq listing that could raise up to $5 billion. The move highlights how AI infrastructure is becoming one of the decade's biggest capital markets stories.
Swedish private equity giant EQT has agreed to buy Australian waste management company Cleanaway for about $6.5 billion, its biggest infrastructure bet Down Under. The all-cash offer values the recycler at roughly A$9.3 billion.
Goldman Sachs expects a record $1.7 trillion wave of US share lockup expirations in 2027, matched by an equal amount of corporate share buyback demand. The standoff could reshape how global investors value American equities.
Hundreds of OpenAI employees have converted paper wealth into real money through tender offers years before a listing, upending Silicon Valley's long, slow path from garage to IPO.
Alltron, the world's top maker of high-density circuit boards for cars, lost 191 million yuan in six months while its core margin fell to 2.8%. The Tesla supplier is still pushing a dual listing in Hong Kong and Shanghai.
Huawei's car-making partner Luxeed has been proposed for an independent vehicle production license in China, an insider confirms, with plans to list. The move deepens the brand's split from manufacturer Chery and tests Huawei's carmaking model.
Chinese automotive-electronics maker RoadVoyage has changed hands, with a new investor taking control after four years under construction-equipment giant Zoomlion. The deal raises questions about where the in-car tech supplier goes next.
Analysts at Barclays say clients keep asking whether Tesla and SpaceX could combine, reviving speculation about a Musk mega-merger. No deal has been confirmed, but the chatter is shaping how investors view both companies.
China's central bank has cleared Visa's local entity to prepare a bank-card clearing business, ending years of waiting. The US giant joins a market long dominated by UnionPay, where margins are thin and habits are hard to change.
Hong Kong's securities watchdog suspended trading in bubble tea chain Tea Baidao, saying its 2024 listing may have been artificially pumped. The company itself is not accused, but the case raises questions about how Chinese consumer brands go public.
Seven years after retiring, the founder of display giant BOE has taken his chip design company, ESWIN Computing, public in Hong Kong. It is the third time the 69-year-old has tried to fill a gap in China's semiconductor industry.
Canyon Semiconductor will begin trading on Shenzhen's ChiNext board on October 13, pricing shares at 12.01 yuan each in a listing that underscores China's push for domestic chip capacity.
Elon Musk said a SpaceX valuation above $10 quadrillion is now conceivable, a probability he once called impossible. The remark, made as the company's unlisted shares trade privately, has reignited debate about the outer limits of private startup pricing.
The NAND flash maker owned by South Korea's SK Hynix has reportedly chosen lead banks for a US listing that could value it near $100 billion. The deal would test investor appetite for memory chips as AI demand surges.
Jeff Bezos says Blue Origin could go public within a few years after its first multi-billion-dollar outside funding round. The Amazon founder now claims a much clearer view of the rocket company's finances.
America's 30-year government borrowing cost climbed to 5.69%, its highest since 2002, while the Nasdaq set a fresh intraday record. The split tells a simple story: investors want compensation for long-term risk, not a rejection of growth.
Two and a half years after a health-supplement scandal, Japanese drugmaker Kobayashi Pharmaceutical is said to be weighing a take-private deal from CVC and a state-backed fund worth over 500 billion yen.
Anthropic is reportedly preparing an IPO that could value the AI lab at up to $2 trillion, the largest listing in US history. A surging bond market and a frozen autumn IPO window stand in its way.
Three private Chinese space companies saw their Shanghai STAR Market listings shift to 'suspended' status on the same day, a technical accounting lapse rather than a rejection. The cluster reflects how routine financial-refresh deadlines can stall a hot sector's dash for capital.
A Chinese landscaping company plans to buy a chipmaker outright, betting its second act on semiconductors. The deal lands as DRAM prices surge and one domestic memory maker posts a rare half-year profit.
Ant Group is folding its Alipay, digital payments and Sesame Credit units back into one Alipay business group, less than two years after splitting them apart. The reshuffle raises a bigger question: what is Alipay for when users no longer need to open the app?
Rising long-term US bond yields have overtaken AI-bubble worries as investors' top concern, a Bank of America survey found. As ten-year Treasury yields top 5%, some global funds are ending their long-standing underweight positions in Chinese equities.
Inside Alibaba, a small AI-native team built Qoder, a coding assistant that writes and reviews software. The project hints at how Chinese tech giants are reorganizing around AI agents.
A Chinese tactile-sensor maker has booked 100,000 orders for robot skin while starting to sell the touch data behind it. Whether that data works across different robots will decide if the full-stack bet pays off.
A state-backed environmental group in Jiangyin is taking control of listed fiber recycler Youcai Resources in a deal worth up to 982 million yuan, the latest sign that China's local government financing arms are becoming active buyers of public companies.
Guangzhou-based chipmaker CanSemi priced its Shenzhen IPO, and 358,848 lottery numbers won the right to buy shares — a window into how Chinese retail investors chase semiconductor listings. Winners must fund their accounts by September 29 or forfeit.
Apple and Qualcomm signed a new global patent licensing agreement effective April 2027, ending years of uncertainty over royalty payments. Apple shares hit a record high, adding roughly $75 billion in market value in a single session.
Tianjin-based Oushangyuan has updated its listing prospectus for Shenzhen's ChiNext board, riding China's synthetic biology boom with clients including pharma giant Zhejiang NHU and food conglomerate COFCO. Its receivables have grown fast, drawing scrutiny.
