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The State Administration for Market Regulation (SAMR) recently imposed administrative penalties on Zhongshan Torch Group Co., Ltd. and Shanghai Dinghui Baifu Investment Management Co., Ltd. after they acquired control of Zhongju Hi‑Tech Industrial Co

2026-06-29

The State Administration for Market Regulation (SAMR) recently imposed administrative penalties on Zhongshan Torch Group Co., Ltd. and Shanghai Dinghui Baifu Investment Management Co., Ltd. after they acquired control of Zhongju Hi‑Tech Industrial Co., Ltd. by other means in a case found to violate the PRC Anti‑Monopoly Law governing concentrations; each company was fined 1.75 mln yuan.

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2026-06-29

According to The Information, Baidu’s Kunlun chip unit plans a Hong Kong IPO valuing the business at about $50 billion. IPO investors would be required to Commit to purchasing chips equal to roughly 3–7 times their subscription amount.

According to The Information, Baidu’s Kunlun chip unit plans a Hong Kong IPO valuing the business at about $50 billion. IPO investors would be required to Commit to purchasing chips equal to roughly 3–7 times their subscription amount.
2026-06-29

Samsung Electronics: Domestic investment is expected to reach 2,450 trillion won by 2040.

Samsung Electronics: Domestic investment is expected to reach 2,450 trillion won by 2040.
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