Initial public offering, Hong Kong, China, Stock exchange, Google, Stock market

Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO

On Jun 1, 2020
@FintechBot shared
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO https://t.co/Tg1IYRI7dc by @Coindesk
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Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner.

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On Jun 1, 2020
@FintechBot shared
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO https://t.co/Tg1IYRI7dc by @Coindesk
Open

Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO

Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO

Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with ...

Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt

Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt

Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, sources say. 

China's answer to the Nasdaq just started trading. One stock soared 500%

China's answer to the Nasdaq just started trading. One stock soared 500%

China's new Nasdaq-style board started trading Monday in Shanghai, a key move in Beijing's ambition to become a technology superpower in the world.

Bitcoin Miner Canaan’s IPO Likely Delayed After Hong Kong Filing Expires

Bitcoin Miner Canaan’s IPO Likely Delayed After Hong Kong Filing Expires

According to reports Bitcoin miner Canaan Creative’s application for the initial public offering (IPO) is delayed following the expiry of

China plans to ban cryptocurrency mining in renewed clampdown

China plans to ban cryptocurrency mining in renewed clampdown

China signaled its intent to ban cryptocurrency mining, dealing a fresh blow to an industry buffeted by tumbling virtual currency prices, stiff competition and waning investor interest.

China's tech stocks valuations soar as foreign investors pile in

China's tech stocks valuations soar as foreign investors pile in

Foreign investors are on their longest spell of buying Chinese stocks this year,...

Kick the tires

Kick the tires

Dongzheng Automotive Finance could be worth $1.4 bln after going public, valuing the company at a big premium to rivals. Its fast growth, high returns and luxury-vehicle focus may justify ...

Bitcoin miner maker Canaan files for US IPO to raise $200 million – Report

Bitcoin miner maker Canaan files for US IPO to raise $200 million – Report

Canaan Creative, one of the biggest manufacturers of bitcoin miners in China, has reportedly filed an application for an initial public offering (IPO) in the U.S. The news was reported ...

Uber’s Biggest Shareholder Backs $15 Billion Bitcoin Giant Bitmain: Report

Uber’s Biggest Shareholder Backs $15 Billion Bitcoin Giant Bitmain: Report

Crypto mining hardware manufacturer Bitmain has reportedly secured China’s biggest technology company Tencent and Japan’s Softbank, Uber’s biggest shareholder, as investors in a pre-IPO ...

A Taiwanese semiconductor titan is at the heart of the US-China tech fight

A Taiwanese semiconductor titan is at the heart of the US-China tech fight

The world's largest semiconductor foundry is finding it hard to maintain neutral between the two super powers.

Everything you need to know about China’s new Nasdaq-style STAR Market

Everything you need to know about China’s new Nasdaq-style STAR Market

25 companies have begun trading on China's new STAR Market today, in a move that marks the first step towards major capital reforms in the country.

22 SAR-listed firms connected to Shenzhen

22 SAR-listed firms connected to Shenzhen

The Shenzhen bourse has added 22 SAR-listed stocks to the Shenzhen-Hong Kong Stock Connect, including China Tobacco International (6055), China East Education (0667), Jinxin Fertility Group ...

China, the land of Super Scalers. A new SEP Tech Scaleup Report

China, the land of Super Scalers. A new SEP Tech Scaleup Report

China is definitely “the" Super Scaler Ecosystem, according to the new SEP Tech Scaleup China Report 2019 presented at the 3rd SEP Scaleup Summit organized by Mind the Bridge. 0.4% of ...

Chinese Tech Stocks Are a Risky Coronavirus Refuge

Chinese Tech Stocks Are a Risky Coronavirus Refuge

There has been an unlikely haven for investors during the coronavirus selloff: China.