Shanghai Stock Exchange

China’s stock market experienced a 7% decline in new A-share account openings in July, totaling 2.66 million, amid a global tech sell-off linked to artificial intelligence. Margin trading activity also slowed during the same period as investor appetite weakened following a strong first-half performance in technology shares.

Chinese chip-tool maker AMEC reported a preliminary 282% year-on-year profit growth in the first half of the year, driven by strong demand for domestic semiconductors amid US sanctions. The company's income between January and June reached at least 2.7 billion yuan.

CXMT, China's largest memory chipmaker, saw its shares surge 466% on their first day of trading in Shanghai, raising $8.6 billion. The company benefits from China's AI boom and self-sufficiency efforts but faces challenges due to U.S. export controls limiting access to advanced chipmaking tools.

China's largest memory chipmaker CXMT saw its shares surge 466% on their first day of trading in Shanghai, achieving a $487 billion market capitalization. The company, which benefits from AI demand and China's push for self-sufficiency in technology, raised $8.6 billion in its IPO but remains smaller than South Korean and U.S. rivals like Samsung and Micron.

CXMT, China's largest memory chipmaker, saw its shares surge 472% on its Shanghai stock market debut, achieving a market capitalization of $487 billion. The company raised $8.6 billion in its IPO, driven by AI demand and China's push for technological self-sufficiency amid U.S. export restrictions.

China Merchants Securities has stopped market making for the Huatai-PineBridge China-Korea Semiconductor ETF, the mainland's only South Korea-focused ETF, as Beijing aims to stabilize capital markets and protect investors amid volatility in South Korea's stock market.

China Merchants Securities has stopped market making for the Huatai-PineBridge China-Korea Semiconductor ETF amid volatility in South Korea's stock market. The move aligns with Beijing's efforts to stabilize its capital markets and protect retail investors.

China’s first four commercial-property Reits have spurred fundraising by developers amid recovery hopes, with 19 listing applications pending on Shanghai and Shenzhen exchanges as of June 24.

President Xi Jinping proposed a tech-focused board on the Shanghai Stock Exchange in 2018, which became the Star Market (Sci-Tech Innovation Board). The Star Market now drives breakthroughs in artificial intelligence, robotics, and semiconductors, forming a key part of China’s innovation strategy.

Unitree Robotics has received approval from China’s securities regulator for a Shanghai IPO, which aims to set a valuation benchmark for China’s embodied AI sector. The company cleared a review by the Shanghai Stock Exchange’s listing committee and is finalizing its underwriting plan, pricing, and share subscriptions for a potential late debut.

The Shanghai Stock Exchange has clarified listing rules for unprofitable artificial intelligence model developers, requiring a minimum 4 billion yuan market cap for public listings on the Star Market. This comes as China's large language model firms seek capital to compete with US labs in an intense development race.

Chinese memory module maker Biwin signed a $1.86 billion two-year agreement to secure flash memory chips, exceeding its annual revenue, driven by demand from AI servers and data centers. The locked-volume, locked-price deal spans Q3 2026 to Q2 2028, as disclosed in a Shanghai Stock Exchange filing.

Chinese memory module maker Biwin signed a $1.86 billion two-year agreement to secure flash memory chips, exceeding its annual revenue, driven by AI server and data center demand. The deal involves enterprise-grade chips purchased in batches from Q3 2026 to Q2 2028 under a locked-volume, locked-price arrangement.

Unitree Robotics, a leading Chinese humanoid robot company, reported a significant first-quarter profit decline amid rising expenses and a price war, raising concerns ahead of its June 1 Shanghai Stock Exchange Star Market IPO review. The company's financial struggles threaten its public listing plans.

Unitree Robotics, a leading Chinese humanoid robot company, reported a significant first-quarter profit decline amid rising expenses and a price war, just before its June 1 IPO listing hearing on the Shanghai Stock Exchange's Star Market. The company's financial struggles could impact its IPO prospects.

Hong Kong and mainland Chinese companies are accumulating cash reserves on their balance sheets as growth opportunities diminish and global economic recovery remains uncertain. The cash hoarding strategy, similar to Warren Buffett's approach, has raised questions about whether companies will use these funds for new ventures, dividend payments, or share buybacks.

Two China-domiciled ETFs targeting overseas chipmakers have suspended trading and warned of excessive premiums to net asset values. The trading halt was triggered by a record-setting rally in tech stocks that has driven Chinese investors to chase global semiconductor investments. Hutai-PineBridge CSI KRX China-Korea Semiconductor ETF was suspended for an hour on Shanghai Stock Exchange.

China's liberalization of bond futures has sparked calls for wider access to the market. This move is expected to increase foreign investment and improve market liquidity. The development is seen as a significant step in China's financial market opening

China's state refiners, including China National Petroleum Corp. (CNPC), are seeking to resume fuel exports after a halt. PetroChina, a subsidiary of CNPC, recently went public on the Shanghai Stock Exchange with a market capitalization of $1.005 trillion, surpassing Exxon Mobil in value.