shanghai

Robotic firm's stellar listing will test appetite for humanoids, and whether the A-share market can expand its investor base; Alibaba's $10.2bn equity raise will fuel its AI ambitions.

The DRAM manufacturer raised Rmb57.9bn ($8.6bn) in Asia’s largest IPO of 2026 so far and has become China’s largest onshore-listed company by market value, raising questions over the chip maker's valuation and growth prospects.

Shanghai has been handed more tools, including the acceleration of offshore loans and digital trade, to aid offshore financial services in a boost to the city as a global financial hub; there is also cooperation with Hong Kong.

The HKEX-owned exchange will list a cash-settled HRC contract referencing SHFE prices, offering overseas participants exposure to China’s flat steel market; trading is expected to begin in October.

The China-focused corporate lawyer has joined to bolster A&G’s cross-border M&A and private equity capabilities across China and Southeast Asia.

The structure of the bonds allows Chinese corporates to raise funds in multiple currencies with an onshore issuance. The Yulan bond market is still small.

The moves, which will allow mainland Chinese investors to trade the stock, follow Alibaba's recent primary listing on the Hong Kong Stock Exchange.

Domestic investors are supporting local technology companies, allowing tech giants like Ant Group to select Hong Kong and Shanghai for its IPO.

Last year saw the largest number of offshore listings by Chinese firms since 2010, but a new board in Shanghai may see Chinese tech firms opt to float domestically rather than in Hong Kong or New York.