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chaina

19,074 views
75 Discussing
kabiraa15RR
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#ChangxinTechSetsIPOPriceAtCNY8.66 China's leading memory chipmaker CXMT (Changxin Tech) has priced its record-breaking Shanghai STAR Market IPO at CNY 8.66 per share. www.scmp.com 💡 The Details: • Implied Valuation: ~CNY 579 Billion ($85.2B USD) • Fundraising: Expected ~57.9B Yuan ($8.5B USD) • The biggest Chinese chip IPO since SMIC in 2020 www.scmp.com + 1 Subscriptions open July 16. CXMT plans to use the massive cash injection to scale DRAM production and fuel AI memory workloads amid tightening US trade restrictions. KuCoin #chaina #ChipWar #stocks #IPO
#ChangxinTechSetsIPOPriceAtCNY8.66 China's leading memory chipmaker CXMT (Changxin Tech) has priced its record-breaking Shanghai STAR Market IPO at CNY 8.66 per share.
www.scmp.com
💡 The Details:
• Implied Valuation: ~CNY 579 Billion ($85.2B USD)
• Fundraising: Expected ~57.9B Yuan ($8.5B USD)
• The biggest Chinese chip IPO since SMIC in 2020
www.scmp.com
+ 1

Subscriptions open July 16. CXMT plans to use the massive cash injection to scale DRAM production and fuel AI memory workloads amid tightening US trade restrictions.
KuCoin

#chaina #ChipWar #stocks #IPO
DRAM-6.03%
66
SaberAlnjar100
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Saudi Aramco*1. Aramco's profits surged 25% thanks to the Hormuz crisis* - Q1 profits reached *$32.5 billion*. - Reason for the spike: The US-Iran war led to a partial closure of the Strait of Hormuz, prompting Aramco to operate the "East-West" pipeline at full capacity of 7 million barrels per day to transport oil to the Red Sea. Announced a core dividend distribution of $21.9 billion for Q1.

Saudi Aramco

*1. Aramco's profits surged 25% thanks to the Hormuz crisis*
- Q1 profits reached *$32.5 billion*.
- Reason for the spike: The US-Iran war led to a partial closure of the Strait of Hormuz, prompting Aramco to operate the "East-West" pipeline at full capacity of 7 million barrels per day to transport oil to the Red Sea.
Announced a core dividend distribution of $21.9 billion for Q1.
ETH+2.44%
SOL+0.20%
XRP-0.17%
1
137
KING-804
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$DOGE .📊 China Holds Loan Prime Rates Steady 🇨🇳 . ✅ 1-Year Loan Prime Rate ➡️ 3.00% (Unchanged, Est. 3.00%) ✅ 5-Year Loan Prime Rate ➡️ 3.50% (Unchanged, Est. 3.50%) 📌 Stability continues in China’s lending rates 🏦 #chaina #loan
$DOGE
.📊 China Holds Loan Prime Rates Steady 🇨🇳
.
✅ 1-Year Loan Prime Rate ➡️ 3.00% (Unchanged, Est. 3.00%)
✅ 5-Year Loan Prime Rate ➡️ 3.50% (Unchanged, Est. 3.50%)

📌 Stability continues in China’s lending rates 🏦
#chaina #loan
DOGE-0.43%
1
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