Day: December 4, 2025

Moore’s shares began trading at 650 yuan amid a declining market, a 468 per cent jump from their initial public offering (IPO) price of 114.28 yuan. China’s benchmark CSI300 Index slipped 0.1 per cent. The surge in Moore reflects China’s prioritisation of technology self-sufficiency in a critical five-year plan that outlined the nation’s economic and social development goals through 2030. China is now engaged in a tit-for-tat competition with the US in the tech area from AI large-language models to sophisticated chips and robotics. Advertisement Moore raised 8 billion yuan…

China’s unmanned reconnaissance and strike helicopter tailored for deployment in plateau areas is ready for critical combat testing. The new multipurpose medium-sized helicopter was displayed on November 27 at an air show in Zhuhai, in southern China, where the next stage of testing was announced by its developer. The Moyujian was exhibited at the second Asia General Aviation Exhibition (Aero Asia), held from November 27 to 30. Advertisement Aero Asia, jointly organised by the German General Aviation Exhibition and Airshow China, was held for the first time in 2023. The…

Global investors should consider reducing their US equities exposure as emerging market stocks are on track to outperform those in developed nations for the first time in five years amid a weakening US dollar, according to global investment firm Cambridge Associates. The recommendation comes as the dollar has experienced significant weakness this year, falling by 10 per cent at one point after a decade-long bull run that started in 2011. However, the greenback still remains 29 per cent above its median real valuation. “We expect the dollar to decline further…

Japanese imaging technology giant Canon has shut down one of its major printer production facilities in mainland China, underscoring the growing clout of domestic brands in the country’s printing market. A visit on Thursday by the Post to Canon Zhongshan Business Machines, in Zhongshan city in the southern Guangdong province, revealed little activity. The car park was nearly empty, while a dozen employees strolled outside the office building. A worker said production had halted late last month, with remaining staff tasked with “handling the aftermath”, including severance payments and supplier…

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In early November, the chairman of one of China’s top construction machinery makers was spotted touring potential factory sites in Piracicaba, a city in southeastern Brazil. The visit was another in a string of recent moves by major Chinese companies in…

Much has been written about China’s alleged role in the US opioid crisis. Chemicals from Chinese suppliers have supposedly been used by Mexican cartels to produce fentanyl, which is then trafficked into the United States where it has fuelled a deadly overdose crisis. Successive US administrations have pressured Beijing to crack down on its chemical industry. China has taken repeated steps to regulate precursors, including most recently last month when it restricted 13 new chemicals at US President Donald Trump’s request. But less has been said about India’s role. Like…