4 d. ago Chinese rocket shares slump after warnings on ‘irrational’ rally

Shares of Chinese companies tied to commercial rocket production tumbled after they cautioned that a recent rally had outpaced underlying fundamentals. Hunan Aerospace Huanyu Communication Technology plunged as much as 20 per cent on Tuesday, while China Spacesat dropped as much as 10 per cent before rebounding. Goldwind Science & Technology, which has a stake in rocket start-up LandSpace Technology, fell more than 13 per cent. China Aerospace Times Electronics Technology, CICT Mobile...

Events

4 d. ago Chinese Rocket Shares Fall After Warnings on ‘Irrational’ Rally

Chinese Rocket Shares Fall After Warnings on ‘Irrational’ Rally  Bloomberg.com

Events

1 week ago China Moves Closer to Soybean Commitment as USDA Data Catches Up

China Moves Closer to Soybean Commitment as USDA Data Catches Up  RFD-TV

Politics

1 week ago China Moves Closer to Fusion Breakeven as Scientists Beat a Key Limit

China Moves Closer to Fusion Breakeven as Scientists Beat a Key Limit  Crude Oil Prices Today | OilPrice.com

Politics

2 w. ago Chinese rocket firm LandSpace moves closer to US$1 billion IPO in Shanghai

Chinese rocket maker LandSpace aims to raise 7.5 billion yuan (US$1 billion) from an initial public offering (IPO) in Shanghai, after becoming the first home-grown aerospace firm to have its listing application accepted via a fast-tracked process. The Beijing-headquartered company, regarded as a challenger to Elon Musk-led SpaceX, said its listing aimed to “actively respond to national strategic plans and urgent market demands”, according to its prospectus. The Shanghai Stock Exchange (SSE)...

Economics

2 w. ago China’s DRAM giant CXMT plans US$4.2 billion IPO on Shanghai’s Star Market

CXMT Corporation, parent of Chinese memory chip giant ChangXin Memory Technologies (CXMT), aims to raise 29.5 billion yuan (US$4.2 billion) from an initial public offering in Shanghai to fund technology upgrades, as Beijing presses ahead with its drive for tech self-reliance amid geopolitical tensions. The Shanghai Stock Exchange received CXMT’s application for a listing on the Nasdaq-style Star Market, a filing on the bourse’s website showed on Tuesday night. This marks a critical step towards...

Economics

2 w. ago LandSpace moves China’s space sector closer to the SpaceX model

LandSpace moves China’s space sector closer to the SpaceX model  Tech Wire Asia

Technology

3 w. ago China moves closer to opening deep geological nuclear waste lab 1,837 feet below surface

China moves closer to opening deep geological nuclear waste lab 1,837 feet below surface  Interesting Engineering

Events

3 w. ago China moves closer to opening deep geological nuclear waste laboratory

China moves closer to opening deep geological nuclear waste laboratory  Interesting Engineering

Events

3 w. ago China’s LandSpace completes ’tutoring’ process ahead of Shanghai IPO By Reuters

China’s LandSpace completes ’tutoring’ process ahead of Shanghai IPO By Reuters  Investing.com

Politics

3 w. ago China's LandSpace completes 'tutoring' process ahead of Shanghai IPO

China's LandSpace completes 'tutoring' process ahead of Shanghai IPO  Reuters

Politics

3 w. ago Second reusable rocket recovery failure in a month puts China 10 years behind US

The Long March 12A, China’s first state-owned reusable rocket, made its debut launch on Tuesday morning but the recovery of the first stage was a failure. It was China’s second failed bid this month to return an orbital-class booster to Earth, a feat that has so far only been achieved by the US. The second stage of the rocket entered its predetermined orbit after its launch at 10am, according to Chinese state news agency Xinhua. The reusable rocket, designed by the Shanghai Academy of...

Events

4 w. ago Chinese AI ‘tiger’ Zhipu moves closer to US$300 million Hong Kong listing

Chinese AI ‘tiger’ Zhipu moves closer to US$300 million Hong Kong listing  South China Morning Post

Economics