New World Development Secures Approval for Shanghai REIT Offering
Hong Kong developer's CNY 3.82 billion real estate investment trust aims to shore up liquidity as property sector struggles persist
Every BriefAsia story tagged Shanghai Stock Exchange, newest first.

Hong Kong developer's CNY 3.82 billion real estate investment trust aims to shore up liquidity as property sector struggles persist

CCSH Corporation aims to raise at least RMB 33 billion on the Star Market as AI data center demand fuels memory chip growth

China's humanoid robot maker raised $904 million as Beijing pushes embodied AI leadership amid US technology rivalry

The state-backed memory chip maker's market cap exceeded $592 billion following a 466 percent debut surge, marking the first time a semiconductor firm has topped mainland China's stock market.

Zhu Yiming's wealth jumped by more than $12 billion as the memory chipmaker's shares climbed over 500% on debut, cementing its position as China's largest domestically traded company.

The DRAM maker raised $8.6 billion and achieved a $487 billion market cap, but US export controls and equipment restrictions cast shadows over its ambitions to challenge Samsung and SK Hynix

The memory chip manufacturer briefly overtook ICBC to become mainland China's most valuable company following a $9.8 billion IPO