Hygon Information Technology Co., Ltd., a leading CPU company based in China, on August 12 was listed to Shanghai's STAR Market.
On August 12, five Chinese state-owned enterprises announced that they had applied for a voluntary delisting of their American Depository Shares (ADSs) from the New York Stock Exchange.
SMIC, the leading Chinese chipmaker, aims to play a major role in the hastening semiconductor arms race.
Ningbo-based XR chip firm GravityXR announced on August 12 that it has successively completed angel-round investment and a pre-A round of financing worth several hundred million yuan, within a period of six months.
The China Automotive Battery Innovation Alliance released power battery data for July on August 11. During the month, China produced a total of 47.2 GWh of power batteries, up 172.2% year-on-year and 14.4% quarter-on-quarter.
Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company, will hold a general meeting regarding the merging matter on August 18.