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SMIC International resumes trading with a more than 11% lower opening.
09/09/2025
SMIC International's stock resumed trading with an 11.12% decrease, as the company plans to issue shares to acquire a 49% stake in Northern SMIC.
Latest
1 m ago
China Science and Technology Innovation Industry Investment (00339.HK) had a comprehensive net asset value per share of approximately 0.0303 Hong Kong dollars at the end of August.
2 m ago
International authoritative report: China's AI cloud market, Aliyun accounts for 35.8%, ranking first.
2 m ago
On September 9th, the international authoritative market research agency Omdia released the "China AI Cloud Market 1H25" report. The report shows that Generative AI (GenAI) is bringing about an explosion in the AI cloud market. In the first half of 2025, the size of the Chinese AI cloud market reached 22.3 billion yuan, with an expected growth of 148% by 2025 and reaching a scale of 193 billion yuan by 2030. The report also shows that in the first half of 2025, Alibaba Cloud accounted for 35.8% of the Chinese AI cloud market, ranking first, followed by Volcano Engine at 14.8%, Huawei Cloud at 13.1%, Tencent Cloud at 7%, and Baidu Cloud at 6.1%. The top five accounted for over 75% of the entire market.
2 m ago
China First Heavy Industries disclosed the progress of the guarantee expected matters by August 2025.
2 m ago
The Sail Cable revised the conversion price of the Sail Convertible Bonds downwards, effective September 11th.
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