Zhipu and MiniMax are first Chinese ‘AI tigers’ to list MiniMax surges 78%, potential for its consumer apps in focus Zhipu jumps further on its second day of trade SINGAPORE/HONG KONG/BEIJING, Jan 9 (Reuters) – MiniMax Group (0100.HK), opens new tab, the second so-called Chinese “AI tiger” to go public, rocketed 78% higher on its…
Item 1 of 3 A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo [1/3]A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo Purchase Licensing Rights, opens new tab Anta has offered…
Valuation about $6.5 billion at high end Six Chinese firms to list in Hong Kong this week MiniMax scheduled to start trading on January 9 HONG KONG/SINGAPORE, Jan 5 (Reuters) – MiniMax Group (0100.HK), opens new tab is expected to price its Hong Kong IPO at the top of a marketing range and raise $538…
HONG KONG, Jan 5 (Reuters Breakingviews) – IPO fever has caught on in Hong Kong in a big way. On Friday, shares in Shanghai Biren Technology (6082.HK), opens new tab zoomed up 76% after the Chinese artificial intelligence chip designer raised more than $700 million in its initial public offering. That came three days after…
Six debuts raise about HK$6.99 billion Hong Kong tops Asia ECM at $75 billion – LSEG data AI, tech listings drive early 2026 pipeline Three new IPO launches add HK$9.22 billion to pipeline SINGAPORE/HONG KONG, Dec 30 (Reuters) – Six Chinese companies made their Hong Kong trading debuts on Tuesday after raising about HK$6.99 billion…
China’s Li Qiang says global economy under pressure from tariffs Urges IMF, World Bank, WTO chiefs to act to protect free trade Analysts say China’s $1 trln trade surplus is driving tariff use Pressure on China to reform to boost share of global consumption BEIJING, Dec 9 (Reuters) – China’s Premier Li Qiang on Tuesday…
LONDON, Nov 24 (Reuters) – What matters in U.S. and global markets today U.S. stocks look set to build on Friday’s jump with investor hopes resting on a Fed rate cut materialising in December, but the question is how much further prices can bounce? Sign up here. I’ll get into all the market-moving news below,…
S&P 500 down 4% from Oct record high, Nasdaq off 7% from peak Volatility rising, indexes see biggest swings since April Tech stock declines, prospects for Dec Fed rate cut in focus NEW YORK, Nov 23 (Reuters) – Stock market investors are preparing for a turbulent year-end sparked by uncertainty over near-term Federal Reserve interest…
FTSE 100, FTSE 250 log weekly losses Reeves is expected to raise taxes next week ASOS shares drop on lower profit forecast Nov 21 (Reuters) – London’s FTSE 100 recovered ground on Friday, trimming earlier losses as increased expectations for Federal Reserve interest rate cuts improved global market sentiment, while investors now await next week’s…
AI stock valuations raise bubble concerns amid sharp pullbacks Buffett Indicator signals overvaluation, surpassing dot-com bubble levels Nasdaq’s AI rally mirrors early dot-com bubble stages, lacks runaway optimism NEW YORK, Nov 21 (Reuters) – The biggest bout of volatility in U.S. stocks in months has revealed cracks in the artificial intelligence-related rally, raising questions about…