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China Chipmaker CXMT Shares Surge

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business

Chinese AI Startup Moonshot AI Plans Hong Kong IPO Amid Rising Valuation

Moonshot AI, known for its Kimi K3 model, is preparing for a public listing in Hong Kong within six months as its valuation and revenue grow rapidly.

Jul 21, 2026, 2:50 AM Nikkei Asia

Stories Related To China Chipmaker CXMT Shares Surge

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business

Chinese AI Startup Moonshot AI Plans Hong Kong IPO Amid Rising Valuation

Moonshot AI, known for its Kimi K3 model, is preparing for a public listing in Hong Kong within six months as its valuation and revenue grow rapidly.

Nikkei Asia | Jul 21, 2026, 1:40 AM

world

China Refuses to Use Reserves to Offset Oil Price Surge Amid Iran Conflict

Renewed US attacks on Iran have closed the Strait of Hormuz, pushing oil prices higher. With US reserves depleted, China declines to deploy its strategic petroleum reserves to stabilize the market.

South China Morning Post World | Jul 21, 2026, 12:43 AM

business

China's Moonshot AI Suspends New Subscriptions for Kimi K3 Amid User Surge

Following a rapid increase in users, Chinese startup Moonshot AI has halted new subscriptions to its advanced Kimi K3 AI model.

Nikkei Asia | Jul 20, 2026, 3:37 PM

world

China's Moonshot AI Pauses Kimi K3 Subscriptions Amid High Demand and IPO Preparations

Moonshot AI halts new subscriptions for its Kimi K3 model due to capacity constraints while seeking fresh funding and planning a Hong Kong IPO.

CNA Latest News | Jul 20, 2026, 8:58 AM

business

State-Owned Hongqi’s Ultra-Luxury Sedan Surpasses Rolls-Royce Sales in China

Hongqi’s top-tier model Guoli, unveiled at the Beijing Motor Show, leads China’s ultra-luxury car market amid rising patriotic consumption.

Nikkei Asia | Jul 20, 2026, 6:24 AM

business

Casio Boosts Share Price with Rising Demand for Affordable Watches Amid G-Shock Sales Slump

Casio Computer sees growing momentum in its stock driven by the popularity of its Casio Watch series, even as its G-Shock line faces declining sales in China.

Nikkei Asia | Jul 19, 2026, 5:54 AM

business

China's Role as Swing Importer Helps Stabilize Oil Prices Amid Strait of Hormuz Disruption

China's ability to adjust its oil imports has mitigated the impact of supply disruptions caused by tensions in the Strait of Hormuz, preventing a sharp spike in crude oil prices.

Nikkei Asia | Jul 19, 2026, 5:28 AM

business

China Captures Nearly 80% of Global Wind Turbine Market in 2025

Chinese firms dominate the global wind turbine installations, driven by strong demand domestically and across Asia and Africa.

Nikkei Asia | Jul 18, 2026, 6:31 PM

world

Hong Kong Police Arrest 61 Suspects Amid 46% Surge in Phone Scams

A police crackdown on phone scams in Hong Kong led to the arrest of 61 suspects, as reported cases and financial losses from such scams have sharply increased in early 2026.

South China Morning Post World | Jul 18, 2026, 9:21 AM

business

Uzbekistan Attracts New Energy Investors in Shift from Gas

Uzbekistan's abundant solar potential and green energy deals since 2020 have drawn interest from Saudi, UAE, and Japanese investors, signaling a move away from traditional gas reliance.

Nikkei Asia | Jul 17, 2026, 2:58 AM

world

1 Dead and Nearly 100 Injured in Crowd Surge at India’s Rath Yatra Festival

A sudden crush during the annual chariot procession in Puri, Odisha, resulted in one fatality and numerous injuries, with rescue teams providing urgent medical aid.

South China Morning Post World | Jul 16, 2026, 10:50 PM

business

Rare-Earth Costs Surge Over 20% for Japanese Firms Amid China Export Controls

A private-sector survey reveals significant cost increases for Japanese companies importing rare earths, with China’s export restrictions cited as a key factor.

Nikkei Asia | Jul 16, 2026, 10:03 PM

world

South Korea Expands Defense Exports Amid Global Rearmament Surge

With rising global demand for weapons following Russia's invasion of Ukraine, South Korea leverages its manufacturing strengths and geopolitical position to boost its defense industry exports.

Deutsche Welle | Jul 16, 2026, 2:39 PM

world

Shanghai Leads China’s First Trial Integrating Computing Centres with Power Grid for Peak Load Management

A pioneering trial in Shanghai successfully reduced peak power load by 97.8 megawatts through coordinated management of data centres, marking a major step in China’s power infrastructure upgrade amid rising AI demands.

South China Morning Post World | Jul 16, 2026, 11:15 AM

world

South Korea Tightens Rules on Single-Stock Leveraged ETFs to Curb Market Volatility

The Financial Services Commission raises investment thresholds and mandates risk education amid concerns over volatility linked to ETFs tied to major chipmakers.

CNA Latest News | Jul 16, 2026, 8:51 AM

business

China’s ChangXin Memory Technologies Plans Largest Chip IPO Amid U.S. Export Controls

China’s largest memory chipmaker aims to raise over $8.54 billion in a record IPO as Nvidia tightens AI chip sales in Asia under U.S. pressure.

Nikkei Asia | Jul 16, 2026, 8:41 AM

business

As AI Rally Slows, Questions Arise Over Resilience of Japanese Stocks

Following a period of strong gains driven by artificial intelligence enthusiasm, Japanese stock markets face uncertainty amid a cooling AI rally.

Nikkei Asia | Jul 16, 2026, 7:32 AM

world

China’s Lanzhou Airport Wins Hearts with Shelter for Stray Cat Family

Lanzhou Zhongchuan International Airport in Gansu province has gained social media praise for creating a dedicated space for a family of stray cats, allowing passengers to interact with them while serving as natural pest controllers.

South China Morning Post World | Jul 15, 2026, 10:17 AM

world

Hong Kong’s Delivery Connect Highlights China’s Gradual Financial Opening

The launch of Hong Kong’s latest Connect programme on July 7, focused on gold, underscores Beijing’s cautious approach to integrating China’s financial markets with the world.

South China Morning Post World | Jul 15, 2026, 8:46 AM

business

China’s Big Three Airlines Face Up to $1.33 Billion Loss Amid Middle East Conflict

China Southern, Air China, and China Eastern report deeper first-half losses primarily due to rising fuel costs linked to ongoing Middle East war.

Nikkei Asia | Jul 15, 2026, 8:33 AM

world

China's Economic Growth Slows Sharply, Missing Annual Target

Weak domestic demand and rising oil prices linked to the Iran war overshadow strong export gains in China’s second quarter.

BBC World | Jul 15, 2026, 5:33 AM

world

US Supreme Court Justices Report Surge in Threats, Seek Increased Security Funding

Justices Amy Coney Barrett and Elena Kagan testify before Congress about rising threats impacting their personal lives and call for enhanced protection measures.

South China Morning Post World | Jul 14, 2026, 9:26 PM

world

US Reports Minimal Nvidia H200 AI Chip Shipments to China Despite Approved Sales

Nvidia has made only limited deliveries of its H200 AI chips to China and Hong Kong following US government approvals, according to a Trump administration official.

South China Morning Post World | Jul 14, 2026, 8:39 PM