China's upstream supply chain for multilayer ceramic capacitors is rapidly expanding capacity to meet surging global orders driven by the artificial intelligence boom.
Midea's European air conditioner sales surge due to heatwaves, with 200,000 new orders in a month for two Chinese factories, driven by demand for easily installable units like PortaSplit.
China Resources Power has received Shenzhen Stock Exchange approval to spin off its renewable energy arm, China Resources New Energy Holdings, in a deal potentially worth 24.5 billion yuan. The state-backed power producer's unit seeks to fund wind and solar projects across 31 provinces, with installed capacity reaching 41.6 GW as of end-2025.
Inovance, a major Chinese industrial automation firm, is preparing for a Hong Kong share issuance expected to raise US$2 billion. The company reported strong annual growth, with revenue reaching 45 billion yuan, and is prioritizing international expansion.
Alibaba Group Holding gained approval from the Hong Kong stock exchange to proceed with a proposed spin-off of a warehouse park in mainland China, two years after the tech giant withdrew the listing plan of its logistics arm Cainiao. The e-commerce giant said it could separate an infrastructure real estate investment trust (Reit) and list it on the Shenzhen Stock Exchange, with the underlying asset being the Jiaxing Park, a logistics and warehousing infrastructure hub in eastern China’s Zhejiang...
The ChiNext board on the Shenzhen Stock Exchange has reached record highs following reforms to listing and trading rules. The ChiNext 50 Index and Composite Index both broke 2015 highs this week, rising 18% year-to-date and outperforming the CSI 300 and Star Market. Analysts attribute the rally to expected boost in risk appetite for innovative growth companies, with CATL and AI data centre suppliers leading the gains.
