Tag: yuan
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China chipmaker CXMT’s shares surge 470% in Shangai trading debut
SHANGHAI: Shares of CXMT Corp surged nearly 470 per cent at their Shanghai debut on Monday (Jul 27) after Asia’s biggest IPO this year, catapulting the chipmaker to the top of China’s stock market by valuation despite a recent selloff in global tech stocks.The stock began trading at 49.50 yuan compared to its
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Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facility
TAIPEI, July 10 : Taiwanese chip-testing company King Yuan Electronics (KYEC) plans to invest up to $1.4 billion to establish a facility in the United States, the supplier to chipmaker Nvidia said on Friday.King Yuan Electronics said the investment is intended to support operational growth and strengthen its
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China official who received $325m worth of bribes sentenced to death
The 69-year-old helped companies secure valuable contracts in exchange for money, a court heard.
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Deep-sea denizens go years without food with clever biological fix
June 19 : A pill bug dwelling under a garden pot curls its body into a tiny armored ball as self-defense. Far below the ocean surface, some of its much larger relatives face a harder problem: how to stay alive when the next meal may not come for years.Those creatures are called deep-sea isopods, a…
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