China

• China AI chip firm Biren to launch Hong Kong IPO in coming weeks, sources say - Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public offering in the coming weeks, four sources with knowledge of ​the matter said. The IPO could raise $300 million, local Chinese media reported. One of the s
• Korea Zinc sinks 13% as largest shareholder group challenges U.S.-backed plans for Tennessee smelter - Its largest shareholder group is reportedly opposing plans to create a U.S.-backed joint venture that will see a dilution of its equity stake.
• Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans - Ford Motor said the costs came from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.
• Ample oil supply shields China from impact of Venezuela disruption, for now - SINGAPORE, Dec 15 (Reuters) - The volume of Venezuelan oil already headed to China before the U. seized a Venezuelan tanker last week, plus a glut of crude in storage and weak demand, will limit ​the near-term impact of the move in the Chin
• Who is Jimmy Lai, Hong Kong's pro-democracy media tycoon? - The 78-year-old became a leading figure advocating democracy in the former British territory.
• Jimmy Lai’s Life, in Photos and Video - He attributed his rags-to-riches ascent to the freedoms of Hong Kong, and has paid a hefty price for defending them.
• Jimmy Lai is a Hong Kong rags-to-riches media tycoon who became a fierce critic of Beijing - To his supporters, former media mogul Jimmy Lai is a fighter for democracy. Lai, 78, is an outspoken critic of China’s ruling Communist Party who was arrested in 2020 under a national security law following massive anti-government protests
• Trump wants the U.S. shipbuilding industry to be great again. Here's what it will take, and what's at stake - President Trump is promising a shipbuilding renaissance in the U.S. to rival China, but it will not happen overnight, and will require allies.
• China's smaller manufacturers look to catch the automation wave - In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers calibrated its cameras, typical of the incremental automation being adopted even across smaller factories in the world's ma
• Here are 4 major moments that drove the stock market last week - The S&P 500 ran into a brick wall Friday and finished the week lower, just one day after closing at a record high.