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Posted on July 20, 2025

Alibaba-Backed Chinese AI Startup Files for Hong Kong IPO

MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap ...

Posted on July 20, 2025

Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources say

HONG KONG (Reuters) -Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could happen before ...

Posted on July 20, 2025

Prediction: Taiwan Semiconductor Manufacturing Will Soar Over the Next 5 Years. Here’s 1 Reason Why.

Key Points Taiwan Semiconductor is the world's leading semiconductor foundry.TSMC produces the critical chips that help power the AI ecosystem.The company expects its AI accelerator revenue to double ...

Posted on July 20, 2025

Hong Kong fights carry trade pressure with US dollar sales to maintain currency peg

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Posted on July 20, 2025

Prediction: Nvidia Stock Will Soar in the Second Half of 2025, Thanks to This Incredible News From Taiwan Semiconductor Manufacturing

Taiwan Semiconductor just reported blockbuster results, confirming that the AI revolution is alive and well. Nvidia has another catalyst that will likely boost its results in the second half. After a ...

Posted on July 20, 2025

MiniMax, the ‘world-class’ AI start-up lauded by Jensen Huang, applies for Hong Kong IPO

MiniMax aimed to raise between HK$4 billion and HK$5 billion, but its deal size and valuation could change depending on market conditions, Reuters said.

Posted on July 20, 2025

Nvidia-Supplier Taiwan Semiconductor On A Roll, Profit Explodes With Strong Margin Growth

Taiwan Semiconductor Manufacturing Co. (TSM) stock soared Thursday after the contract chipmaker delivered second-quarter results that blew past analyst expectations, driven by insatiable global demand ...

Posted on July 20, 2025

Prediction: Nvidia Stock Will Soar in the Second Half of 2025, Thanks to This Incredible News From Taiwan Semiconductor Manufacturing

Taiwan Semiconductor just reported blockbuster results, confirming that the AI revolution is alive and well. Nvidia has another catalyst that will likely boost its results in the second half. After a ...

Posted on July 20, 2025

Taiwan Dollar Strength Tests TSMC Amid AI Chip Boom

He admits a stronger Taiwan dollar can wipe out revenue, so the team is selling spot dollars, locking in forward contracts and parking cash offshore to soften the blow. After a blockbuster second ...

Posted on July 20, 2025

EnQuest secures PSA for offshore Brunei gas fields

UK-based petroleum exploration and production company EnQuest has secured a production sharing agreement (PSA) for Block C offshore Brunei Darussalam. The PSA, which was awarded by the Petroleum ...

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