#Shanghai Stock Exchange

[furiouslovepolice]

Stock Profit Calculator

If you buy or sell stocks in Stock Market, this app will calculate everything

[leftreviewonline]

(via STAR Market helps tech-focused firms fuel China’s new quality productive forces - Left Review Online)

[vvstockzone]

A stock exchange is a commercial venue where investors can purchase and sell financial instruments such as bonds, stocks, commodities, derivatives, and other financial instruments. The most potent element of the financial market is this. It also acts as a gauge for the state of the economy and a major representation of global economic strength. The top ten biggest stock exchanges worldwide are described in this article.

[sheepispink]

⋆˚｡⋆୨✧୧˚ 𝑻𝑯𝑬 𝑬𝑺𝑪𝑶𝑹𝑻 𝑷𝑹𝑶𝑻𝑶𝑪𝑶𝑳 ˚୨✧୧⋆｡˚⋆

series masterlist resident evil masterlist

CH8: INFINITE DARKNESS PART 2

a/n: exams over!! Writing time

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“You shoot her and I'll blow this whole damn ship up.” His words are a firm threat, his own gun cocked dangerously near the walls. With just one shot, he’s sure it would do enough significant damage, especially to an emergency capsule. There’s anger thrumming in his veins now, almost tempted to boil over and threaten his knife at her aswell. The alarm still blares overhead, practically screaming now with the self destruction timer at only fifteen seconds. Her gun is still, unmoving yet hesitant. She knows she should kill you off, needs to for the sake of what she and the other agent need to pull off. You stare back at her all the same, hands growing sweatier against the cold metal of the ladder and for once in your life you’re left with no options. You have a feeling pleading for help wont do nearly anything to help you, or if anything it could only provoke her more. So you just nervously glance between the alarms and Leon, silently hoping this wouldnt be the last noise you’d ever hear. 

“I said let her up.” Leon’s boots echo out as he steps forward to let the metal nozzle meet the back of her head. If not for Jason immediately relenting, he actually would’ve done it. “Just let the girl in—You’re going to cause issues.” Jason grits his teeth this time, and she finally tucks it into her belt.

Leon immediately crouches before the opening, two hands beneath your arms as he hoists you up and closes the door securely shut. When he finally stands, he nudges you to stay close and right behind him. Typically you wouldn't want to seem weak, but you’d be lying if you weren't absolutely terrified, hands trembling as you wipe them against your trousers. Meanwhile, Jason and the woman are silently communicating, giving eachother looks in exchange for words. “What? Did we interrupt something?” Leon crosses his arms, raising a brow at them before the ship trembles, the rest of the submarine disintegrating into a million pieces as it destroys itself.

——————————————————————————————————

Before you know it, you’re following the woman you now know as Shen Mei, and the other man to a small apartment in Shanghai. You watch from behind Leon, having been quiet as a mouse the entire time since you left the submarine, determined to not get on any of their nerves for a second. Luckily, Leon’s been keeping a protective stance for you the entire time; after the threat from Shen Mei, he’s not taking any chances. She steps forward to the safehouse, the preventative measures untouched. Both of you narrow your eyes at her, noticing the blood left over on her knife as she cuts through the tape on the handle. You grit your teeth, remembering the lifeless eyes of the dead crewmates; it definitely wasn’t a coincidence. Leon ushers you into a small bedroom, it’s dusty and likely hasn't been used for years, but it has a lock and that’s what’s important to him. 

“Stay here.” He says, gently pushing your shoulders down to seat you on the bed, his other hand pushing your sleeve upwards. He had wrapped up the rat scratch earlier, but only now had you had enough time to process it. “It wont get infected or anything right? I mean..” You stare down at the cut as he grabs a kit from the cupboard, taking out the antiseptic wipes and pulling your arm closer to him. “You’re good, I promise.” He says quietly, clearly trying to maintain a still face but it’s hard after he promised to keep you safe and then this happened. He sighs, sitting next to you as he loads the bullets into his gun. The safehouse thankfully had a wide stock of weapons, one of which he places on your lap as you blink at him, understanding the safety measure.

“Mr. Kennedy..”

You murmur and he looks up, giving you his attention as the other two move around in the kitchen next door. “That man, he’s the hero from Penamstan, isnt he?” Leon nods slowly, a curious glint forming in his eyes as he pushes the magazine into his other gun. “How did you know?”

“He’s the sole survivor.. apparently all the others died, or well, commit suicide for no reason. I did some light reading..” You murmur, and he immediately processes this information, thinking about the words Jason had told him, and what he had deciphered. “Stay right here. Okay? And in the worst case scenario, you run out that window and wait until I can help you.” You nod quickly, letting the gun sit next to you on the bed and he lets his features soften just a tad.

“Jason has this.. obsession,” He begins, speaking the word as if it’s a curse.  “He doesnt care about making a difference, not in the slightest. Fear, that’s what he said starts terror, and that is exactly what he wants the world to understand.”

“So just.. do not fear anything or anyone.” He sighs softly, shoving the gun into his belt. “Just trust me.” He makes sure you nod, understand and agree to his words before his hand tightens around the doorknob, turning back one last time to glance at you. “You know what to do if things go AWOL. Do not hesitate.”

The rustling has come to a stop now, so he takes his leave, eyes narrowed as he closes the door behind him. There’s a certain look not many agents can pull off, but Leon can, and he uses it to his advantage. After he rescued the president’s daughter, it’s evident how everyone’s perception of him instantly changed, as expected. The couch squeaks as he sits, one arm lazily on the back as his legs spread— getting comfortable. He’s not stupid, no; he already has a pretty firm idea of what Jason’s intentions are but he has to play this the right way. After all suspicions only are thoughts; it’s better to wait this out. Smoke wafts towards the window from the soldier’s cigarette, his fingers gray as he stubs it against the small ash tray on the coffee table. That itself is covered in weapons, a few pistols and a slightly larger one because of the silencer attached. For the busy city they were in right now, it would be beneficial, but why would anyone be here anyway?

”Is this finally a debrief? You have some serious explaining to do.”

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Jason’s jaw clenches but he leans back only slightly, gaze moving towards the window for a few moments. He had just told Leon the truth of the matter, revealing the true reason everything had diverted. They wanted to expose a government conspiracy, they wanted to stop America from covering it up again. Leon’s all too aware of that, how they covered up Raccoon City. However he cant ignore how they had destroyed the lives of the submarine crew without a second thought, all for the sake of the future. Did they really think they wouldnt be covered up too?

”Remember what i told you about terror?” Jason says slowly, the tension thick between the two men as neither seemed to be on the right side. His hand leans down, the guns on the table dangerously close but Leon stays still, just eyeing the slow movement of his hand. He stubs his cigarette in the ash tray, before bringing his hand to rest upon his knees once more, gaze flickering up to meet Leons. “It starts with fear, you cultivate it and it spreads… then you have terror.” That’s the true nature of Umbrella Corporations, the true nature of the people behind these disasters and attacks. Jason hasn't realised it yet, but Leon has. 

 “You can tell them all about it in your court martial.” Leon speaks the words firmly, leaving no room for mistake of his stance towards this conversation. 

“So.. you’re not going to help us? Jason tenses, his hand reaching back, grazing the cold metal in his back pocket.

He can only shake his head slowly, teeth grazing his lip as he narrows his gaze. “..Nah.”

————————————————————

Despite Leon’s instructions, you had suspicions of your own and you were intent on playing your own part in this. Tucking Leon’s gun into your side pocket, you creak the door open and peek into the hallway. Leon had just sat down infront of Jason, seeming particularly relaxed but you had a feeling that was a facade every agent held. Looking to your right, the black haired woman was returning with a bag full of items. 

Do not fear anyone.

“Shen mei, is it?” You step towards her and she looks back at you, eyes almost icy cold if not for the way she forces herself to do that. To hide what she’s really thinking. 

“Yes.” She keeps it simple, and you opt to take the bag from her arms and she relents, letting you carry it into the kitchen. That means it must not have anything particularly dangerous, at least you hope so. Carefully, you set it down on the counter, but you leave the items inside and she only nods. But that’s not what you need— you have to make her believe you’re a ditsy escort, but not enough for her to kill you right here. ”That submarine was so stuffy.. I’m so glad to have fresh air again.” You let out an airy laugh, opening one of the glass windows which leads onto a small balcony, making sure to sniff the air just to exaggerate it enough. 

“Sure was.” The window was an escape plan, but you make sure to crank up the confidence, after all you cannot fear her. Stepping forward, you pull out an item from the bag, watching as she quickly pushes it down in the bag. “Huh, what was that?”

”You cant touch that—“ She says, a little firmer but definitely more frustrated now than suspicious. “What about these?” You reach for the cabinet, a few guns hidden behind some cereal boxes but most importantly a grenade. She grabs your arm, her fingers pressing into where the bandage lays and you immediately pull back until your back hits another cupboard.

Your hand rests on the counter as you frown, fingers curling around the marble as you sigh. “Do we have to be cooped up in here for a while? I want to stretch my legs for a bit..” They already seemed to want you out their hair and you intended to give them exactly that; a fake fan of your hand over your face tied it all off, acting like you were a delicate flower who’d pass out with the lack of real light. “You can go, we wont do anything until tonight anyway. Just dont pull anything stupid.” Just for the sake of it, she passes you a wad of cash in the hopes you’d be more inclined to go away. It’s not much, likely $20, but you beam at her nonetheless. Just about to stuff it in your pocket, you let a sheepish look cover your face. “Oh, right. Agent Kennedy told me to hold onto this but i dont have much space..” It’s a small box, the one you usually use for the earpiece you wear sometimes. Sacrifices will have to be made, you suppose.

“I think he said it needs to get to the president.. Can you hold onto it for me? I really dont want to mess up again.” You say sheepishly and she nods, opening the box to inspect the object inside— more specifically a small little chip—before placing it deep in her jacket. 

”I’ll be back.” She says firmly before stepping out the kitchen, however before she can go join the debriefing, two loud shots ring out, a loud crash echoing through the small apartment. You take the moment, dashing out of the kitchen balcony and climbing back into the safety of the bedroom before hastily locking the door. Her footsteps draw closer before you see the doorknob shake, until another shot rings out and someone else makes a loud thud. The apartment soon falls quiet and you hear the small curse from Leon, and the slam of the front door. Quietly, you climb back around to the kitchen only to see Leon grabbing a few more magazines before he goes back to get you.”What the— get in here.” He grabs you by your waist, pulling you off the edge of the balcony and into the kitchen.

He sighs and runs a hand through his hair, reaching behind you to pull the hood of your jacket over your head, zipping the front up. “C’mon, we need to get out of here now.” Before you can argue, he’s pulling you down flights of stairs, his head moving left and right as he searches for any trace of the woman who had just fled the scene. “Damnit.” His teeth scrape against eachother, leading you down side roads and far from the line of view of the apartment complex. “Kennedy—“ You tug his sleeve, but he’s too focused, not listening. 

“Oi!” 

He instantly spins around, mentally preparing to scold you for distracting him when he looks at the device you had, the screen looking familiar to the one Hunnigan would send him info on. He stares at the tracker dot moving across the miniature map and out of the city, his eyes looking up at you in shock. 

——————————————————————————————————

“How?” He asks as he drives the car that you stole the keys for, though it was technically not stealing since it was for agent use anyway. “I figured she’d think we’d have our own information.” You hum, helping yourself to the cereal box you grabbed on the way out, not before promptly spitting out the lucky charms— you should’ve known it would’ve been stale from the amount of dust collected in that room. “So I dismantled an old phone and pretended the sim card was worth something useful. Hunnigan gave me trackers a while back for my own safety, I slipped both in  the earpiece case and she took it.” 

The air blows through Leon’s hair as he turns sharply around a corner, slowly approaching a large mansion, but what was it doing somewhere so remote?

”Are you sure you’re not secretly an agent?” He can’t help but let out a huff of laughter at your antics, relief spreading through him for the second time as he watches the little red dot beeping on the phone. “Nope and i never will be.” He pulls the car to a stop not too far from the massive building, tossing the keys in your lap as he climbs out the door. “This time you stay here— alright? I’ll come get you right after, then we’re catching a flight back. Or you will, I’ll  need someone to relay information.”

You wait anxiously as the time drags on, the soft radio in the car doing nothing to ease your nerves right now. The song changes to something you dont particularly like, and you move forward to turn it off when something twitches in the air. You blink, turning to look at the building before watching in horror as it begins to crumble down to the ground, the ceiling collapsing in. It’s horrible, watching it fall without being able to do anything worthwhile to help. That’s when you see two bodies stumbling out of the rubble, and you quickly climb out, hurrying to help him bring Shen mei to somewhere safer.

 “We need to get to America, now.” He grunts, gesturing for you to contact the higher ups immediately for a plane.

—————————————————————————————————

“Please, I need to get in.” You huff, having run out the cab all the way to the security detail outside of the whitehouse. It was even more heavily guarded after the zombie outbreak there only two days ago. The guards stare down at you, giving you instant deja vu from earlier. “Please step away Miss. We cant let the public in at this time.” 

“I’m not the public! Look—“ You yank out your security lanyard, which has a copy of Leon’s attached. They both take a look at Leon’s name, before glancing at eachother and then you. “How did you get this?”

”She’s his escort. Let her in.” You look up to meet a man on the other side, one whose young and looks particularly friendly with that sweet smile of his. The security step aside and you finally walk through, walking up beside the man. Though, before you could ask, he’s extending his hand towards you. “Patrick. I’m another agent here; Leon saved my life, and also mentioned you’d be coming here.” You shake his hand in return, his smile making your stomach feel a little warm. “Oh— um perfect. We can skip the formalities then, I need you to pass on a message to the president for me.”

It’s an hour until the meeting now and you both stand far from any prying eyes, outside despite the chill in the air. “So.. it’s all a farce? None of it is true?”

You nod quickly, both your heads craned towards the floor to avoid anyone— or anything— catching a glimpse of the words your mouth forms. The information would be spilled properly later, but for now, you have to watch your backs. “Wilson, the defence secretary, he planned this all.”

“But surely he didnt think that we would just stand for this.. right?”

Your hands fiddle awkwardly on your lap as you breathe out a sigh, having never thought you’d deal with information so heavy. It was bigger than anything, the weight of this, it was no longer just you who this affected, it was practically the entire world with how much influence America had. “He’s been doing this since Penamstan. The suicide cases of Agent Jason’s team were because Wilson made them into bioweapons. He controlled them because he manufactured the inhibitor that stopped them from turning.”

It’s not hard to see how Patrick’s face falls, his fist clenching quietly at this new information. Thankfully, even if someone was watching, Wilson likely wouldnt even be here to stop you in time. Infact, you have a feeling that wherever Leon is headed, he’s there too. “So.. why didnt Jason just confess?”

“I.. dont know. All I know is that this is bad, he’s pinning all of this on China to start a war, you have to stop the President from doing something rash.”

“I will, I promise. But.. aren't you going to come too? You could explain all of it.” You shake your head, biting your lip as you make up your mind. 

“I feel like Leon will need some tech support.”

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[accio-victuuri]

wang yibo - (cut) war of faith preview scene

It exploded at the beginning! Tensions are rising everywhere in Shanghai. Your life is hanging by a thread when you go out in the car, the stock exchange suddenly plummets at the opening, and you can even encounter a rooftop battle?

[mademoiselle-red]

Please tell me that tax news about liu isn't real😭 i can't lose him looking that gorgeous in "kill me love me" for it to NOT AIRRRR

Please 🥺

The company Liu Xueyi works for, 欢瑞世纪 H&R Century, released a statement yesterday through Liu Xueyi’s management office saying the tax evasion rumors on social media are false and that they will take legal action against the accounts that spread those rumors for damaging Liu Xueyi’s public image.

Additionally, Liu Xueyi doesn’t have an independent entertainment firm of his own. He and everyone in his management office are full time employees of H&R Century, a public company traded on the Shanghai stock exchange with a market cap of 3.3 billion CNY. All of Liu Xueyi’s earnings have to go through H&R Century’s corporate finance department, which then gets audited on a quarterly basis and then published in their investor reports. Publicly traded companies face a lot of scrutiny from the Chinese stock exchange commission and tax regulators, so if a whistleblower did in fact have proof of corporate tax evasion, they’d go directly to the regulators rather than spread rumors about one of the company’s managed talents on social media 😂

[argumate]

hmm the SSE Composite Index (Shanghai stock exchange) is trading at levels it first reached back in... 2007, as is the Hong Kong index and the Shenzhen index, there has been no growth whatsoever in publicly listed private industry for sixteen years.

of course 2007 was just before the GFC and the boom/bust cycle can make growth look bombastic or anemic depending on exactly where you choose to start: the Australian stock exchange has swung wildly but is only up 10% overall since that time and the London stock exchange is only up 17% since 2000.

[brookstonalmanac]

Events 2.27 (after 1940)

1940 – Martin Kamen and Sam Ruben discover carbon-14. 1942 – World War II: During the Battle of the Java Sea, an Allied strike force is defeated by a Japanese task force in the Java Sea in the Dutch East Indies. 1943 – The Smith Mine #3 in Bearcreek, Montana, explodes, killing 74 men. 1943 – The Holocaust: In Berlin, the Gestapo arrest 1,800 Jewish men with German wives, leading to the Rosenstrasse protest. 1951 – The Twenty-second Amendment to the United States Constitution, limiting Presidents to two terms, is ratified. 1961 – The first congress of the Spanish Trade Union Organisation is inaugurated. 1962 – Vietnam War: Two dissident Republic of Vietnam Air Force pilots bomb the Independence Palace in Saigon in a failed attempt to assassinate South Vietnam President Ngô Đình Diệm. 1963 – The Dominican Republic receives its first democratically elected president, Juan Bosch, since the end of the dictatorship led by Rafael Trujillo. 1964 – The Government of Italy asks for help to keep the Leaning Tower of Pisa from toppling over. 1971 – Doctors in the first Dutch abortion clinic (the Mildredhuis in Arnhem) start performing artificially-induced abortions. 1973 – The American Indian Movement occupies Wounded Knee in protest of the federal government. 1976 – The former Spanish territory of Western Sahara, under the auspices of the Polisario Front declares independence as the Sahrawi Arab Democratic Republic. 1988 – Sumgait pogrom: The Armenian community in Sumgait, Azerbaijan is targeted in a violent pogrom. 1991 – Gulf War: U.S. President George H. W. Bush announces that "Kuwait is liberated". 2001 – Loganair Flight 670A crashes while attempting to make a water landing in the Firth of Forth in Scotland. 2002 – Ryanair Flight 296 catches fire at London Stansted Airport causing minor injuries. 2002 – Godhra train burning: A Muslim mob torches a train returning from Ayodhya, killing 59 Hindu pilgrims. 2004 – A bombing of a SuperFerry by Abu Sayyaf in the Philippines' worst terrorist attack kills more than 100 passengers. 2004 – Shoko Asahara, the leader of the Japanese doomsday cult Aum Shinrikyo, is sentenced to death for masterminding the 1995 Tokyo subway sarin attack. 2007 – Chinese stock bubble of 2007: The Shanghai Stock Exchange falls 9%, the largest daily fall in ten years, following speculation about a crackdown on illegal share offerings and trading, and fears about accelerating inflation. 2008 – Jemaah Islamiyah terrorist Mas Selamat Kastari escapes from a detention center in Singapore, hiding in Johor, Malaysia until he was recaptured over a year later. 2010 – An earthquake measuring 8.8 on the moment magnitude scale strikes central parts of Chile leaving over 500 victims, and thousands injured. The quake triggers a tsunami which strikes Hawaii shortly after. 2013 – A shooting takes place at a factory in Menznau, Switzerland, in which five people (including the perpetrator) are killed and five others injured. 2015 – Russian politician Boris Nemtsov is assassinated in Moscow while out walking with his girlfriend. 2019 – Pakistan Air Force JF-17 Thunder downs Indian pilot Abhinandan Varthaman's Mig-21 in an aerial dogfight and captures him after conducting airstrikes in Jammu and Kashmir.

[third-new]

CBA to unload remaining in Bank of Hangzhou

The Australian Commonwealth Bank (CBA) has sealed a deal to deviate its remaining 5.45% share in Hangzhou Bank of Hangzhou (HZB) to New China Life Insurance (NCI). The deal is forecast to generate about $ 940 ($ 593m) in gross earnings for CBA. Bank of Hangzhou, founded in September 1996 and located in the province of Zhejiang, China, is publicly traded on the Shanghai Stock Exchange. Upon…

[newtras]

CBA to unload remaining in Bank of Hangzhou

The Australian Commonwealth Bank (CBA) has sealed a deal to deviate its remaining 5.45% share in Hangzhou Bank of Hangzhou (HZB) to New China Life Insurance (NCI). The deal is forecast to generate about $ 940 ($ 593m) in gross earnings for CBA. Bank of Hangzhou, founded in September 1996 and located in the province of Zhejiang, China, is publicly traded on the Shanghai Stock Exchange. Upon…

[satrthere]

CBA to unload remaining in Bank of Hangzhou

The Australian Commonwealth Bank (CBA) has sealed a deal to deviate its remaining 5.45% share in Hangzhou Bank of Hangzhou (HZB) to New China Life Insurance (NCI). The deal is forecast to generate about $ 940 ($ 593m) in gross earnings for CBA. Bank of Hangzhou, founded in September 1996 and located in the province of Zhejiang, China, is publicly traded on the Shanghai Stock Exchange. Upon…

[australiajobstoday]

Junior Business Analyst (Banking System) – 1 year contract

Proactive, Dedicated and InnovativeFounded in 1908, Bank of Communications Co., Ltd. (Stock codes: A shares 601328, H shares 03328) is one of the oldest banks in China as well as one of the note-issuing banks in modern China. The Bank was listed on the Stock Exchange of Hong Kong Limited in June 2005 and on the Shanghai Stock Exchange in May 2007. The Bank currently has 202 domestic branches,…

[aitoolswhitehattoolbox]

Junior Business Analyst (Banking System) – 1 year contract

Proactive, Dedicated and InnovativeFounded in 1908, Bank of Communications Co., Ltd. (Stock codes: A shares 601328, H shares 03328) is one of the oldest banks in China as well as one of the note-issuing banks in modern China. The Bank was listed on the Stock Exchange of Hong Kong Limited in June 2005 and on the Shanghai Stock Exchange in May 2007. The Bank currently has 202 domestic branches,…

[therepublicreport]

Even Before TikTok’s Troubles, Chinese Companies Were Wary of Washington

Chinese tech companies long looked to the United States as a key market and source of investment. Firms like ByteDance, the company behind TikTok, courted major American investment firms like General Atlantic and Susquehanna Capital. Chinese start-ups in Shanghai and Shenzhen saw an initial public offering on the Nasdaq or New York Stock Exchange as the ultimate symbol of success. But as…

[jcmarchi]

US-China AI chip race: Cambricon's first profit lands - AI News

New Post has been published on https://thedigitalinsider.com/us-china-ai-chip-race-cambricons-first-profit-lands-ai-news/

US-China AI chip race: Cambricon's first profit lands - AI News

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The US-China AI chip race has entered a new phase as Chinese chip designer Cambricon Technologies reports its first-ever quarterly profit. The milestone emerges against a backdrop of escalating US export controls that have increasingly restricted Chinese companies’ access to advanced semiconductor technology, particularly Nvidia’s sophisticated AI processors.

Cambricon’s breakthrough into profitability signals a significant shift in the US-China AI chip race, transforming from a 2016 startup into China’s most valuable artificial intelligence company, now valued at approximately 300 billion yuan ($41 billion).

While this represents only a fraction of Nvidia’s $3 trillion market capitalisation, it marks China’s growing capability to develop sophisticated AI chips domestically.

The company’s financial turnaround is particularly noteworthy in the context of technological competition between the world’s two largest economies. After years of losses, Cambricon reported its first quarterly profit in the final quarter of 2024, with net profits ranging from 240 million yuan to 328 million yuan, despite posting a 724 million yuan loss in the first nine months.

The market’s response to this shifting dynamic in the US-China AI chip race has been remarkable. Cambricon’s shares on the Shanghai Stock Exchange’s Star Market have surged more than 470% over the past year, climbing from 120.80 yuan to 695.96 yuan.

The company projects a 70% revenue increase to 1.2 billion yuan in 2024, driven by China’s aggressive buildup of computing infrastructure to support its AI ambitions.

At the technical level, Cambricon has positioned itself as China’s answer to US chip restrictions with its 7-nanometre AI chips. The company’s flagship Cambricon-1A processor has gained significant traction in the domestic market, particularly in products from major technology companies like Huawei Technologies.

The stakes in the US-China AI chip race continue to rise, with analysts at Changjiang Securities projecting that China’s AI semiconductor market will reach 178 billion yuan by 2025. Beijing’s push for semiconductor self-sufficiency and increasing investments from domestic technology companies in AI infrastructure are fueling this growth.

Recent US regulations announced in January 2025 have intensified the race, restricting Chinese access to advanced AI technology and limiting it to American companies and their allies. In response, major Chinese technology companies are investing heavily in domestic computing infrastructure.

ByteDance, TikTok’s parent company, has committed 4.5 billion yuan to a new computing centre in Datong City, Shanxi province. This highlights the growing market opportunity for domestic chip manufacturers.

While Cambricon’s progress represents a significant advancement in the US-China AI chip race, challenges remain. The company must continue to narrow the technological gap with international competitors while maintaining its growth trajectory.

However, supportive government policies and growing domestic demand provide a favourable environment for continued development. Cambricon’s inclusion in the SSE 50 Index, which tracks the Shanghai Stock Exchange’s most valuable companies, underscores its strategic importance to China’s technology sector.

As global tensions persist and access to foreign technology becomes more restricted, developing domestic AI chip capabilities has become increasingly important for China’s technological advancement and economic security.

Tags: ai, artificial intelligence, China, Nvidia