Enflame Surges 200% in Shanghai Debut, Completing Quadfecta of China AI Chip Listings
Enflame Technologies shares surged over 200% on its Shanghai debut, marking the last of China's top four AI chip startups to go public.
Enflame Technologies shares surged over 200% on its Shanghai debut, marking the last of China's top four AI chip startups to go public.
Reuters sees PBOC's USD/CNY reference rate at 6.7174, with the fixing viewed as braking the yuan's pace rather than reversing its uptrend.
Reuters sees the PBOC's USD/CNY daily fixing at 6.7074, with the midpoint signalling a slower yuan pace after August's wide weak-side deviation.
China to detail financial power plans at afternoon briefing with PBOC deputy governor.
Chinese AI startup DeepSeek has hired CITIC Securities for a potential IPO on Shanghai's STAR Market, sources say. Details remain undecided.
China's August CPI and PPI beat forecasts, but the energy-driven rebound does not signal a turnaround in domestic demand.
China's August CPI rose 0.8% y/y, matching forecasts, while PPI climbed 3.8%, slightly above expectations.
China's August CPI expected to rebound to 0.9% y/y on food prices, while PPI firms to 3.2%. Trade data shows exports beat but imports miss, surplus widens.
China is set to release inflation figures on Wednesday, following a busy day of China-related news on Tuesday.
Gold reserves held by the People's Bank of China climbed by 650,000 ounces in August, marking the biggest monthly increase since October 2023. The purchase…
Germany's trade surplus rose to €21.3 billion in July, beating forecasts, as imports fell 5.7% month-on-month.
RBA's Hunter says below-trend growth is intended, housing market cools deliberately without recession risk.
China's August imports grew 28.2% y/y, missing the 30% forecast, while exports and trade surplus met expectations.
China's CMRG directive to halt Rio Tinto ore negotiations appears to become effective in September, but enforcement unconfirmed; AUD weakens.
Vitol CEO sees China oil imports picking up, calls current gap unsustainable; global demand to drop 1.5 mln b/d in 2026.