On July 28, Hefei Industry Investment Group, the largest Chinese state-owned investor in ChangXin Memory Technologies, stated that since investing in ChangXin in 2016, it has helped the company grow into China's largest, most technologically advanced, and most comprehensive dynamic random-access memory (DRAM) R&D, design, and manufacturing enterprise. Over the past decade, Hefei Industry Investment Group has adhered to the principles of industrial patriotism, long-termism, and patient capital, making consecutive substantial investments in the ChangXin project, accompanying it through industry cycles on a path of dedicated innovation. Hefei Industry Investment Group said that as a founding shareholder and the largest state-owned investor in ChangXin Memory, it extends warm and sincere congratulations on ChangXin's successful listing on the STAR Market. In the future, Hefei Industry Investment Group will continue to practice long-termism and patient capital, steadfastly support ChangXin's development, deepen comprehensive cooperation, and jointly help Hefei build a globally influential integrated circuit industry hub.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
ChangXin Memory's Largest Chinese State-Owned Investor Vows Unwavering Support to Boost Global IC Industry Hub
-
Wechat scan to share
Recommended for you
-
Coinbase CEO: Senate Has Reviewed CLARITY Act for a Year, Urges Prompt Voting
On August 7, Coinbase CEO Brian Armstrong stated that the Senate has been reviewing the CLARITY Act for a year. During this time, lawmakers have negotiated hundreds of pages of amendments, reached consensus on SEC and CFTC nominees, and achieved an unprecedented ethical commitment. Meanwhile, compromises have also been made by the cryptocurrency and banking industries. This is how legislation should operate: no one gets everything they want, but everyone can obtain most of what they need. The remaining issue is no longer about continuing negotiations, but whether certain groups will attempt to delay or block legislation that has already garnered broad bipartisan support. Millions of Americans hold cryptocurrencies, and they are watching this process. It is time to vote. -
Fed's Musalem: Increased Likelihood of Inflation Staying Above Target, Favoring Rate Hike in Recent FOMC Meeting
On August 7, Fed's Musalem stated that the likelihood of inflation remaining above target has increased, and there was a tendency to favor a rate hike in the recent FOMC meeting; gradual rate increases are less costly than sudden changes. -
Alphabet, Google's Parent, Plans to Raise Up to $25 Billion via Bond Issuance
On August 6, Alphabet, Google's parent company, plans to raise up to $25 billion through bond issuance. -
Warsh sticks to cautious market guidance, may consider September rate hike if inflation is strong
August 6 - According to the Financial Times, Federal Reserve Chairman Warsh has maintained his typically concise communication style, even after triggering a significant sell-off in Treasuries by declining to reveal too many details about interest rate strategy. People close to Warsh said he acknowledged making some mistakes during his first 10 weeks at the helm of the world's most important central bank, including failing to reinforce his key message on price stability and causing confusion over whether his long-term plans to reform the Fed would affect near-term policy decisions. However, they insisted these errors were not enough to derail Warsh's plans for reforming the Fed. Insiders also revealed that if inflation data released in the coming weeks prove strong and market expectations for higher borrowing costs rise accordingly, Warsh is prepared to raise interest rates at the September meeting. Insiders added that although the Fed chairman has raised the possibility of shrinking the central bank's $6.7 trillion balance sheet to tighten monetary policy, interest rates remain the primary tool—and would be used at the upcoming meeting if needed. -
SanDisk Tumbles Over 10% Pre-Market as Citigroup, Wells Fargo Cut Price Targets
On August 6, SanDisk (SNDK.US) fell over 10% in pre-market trading. On the news front, Citigroup lowered its price target on SanDisk from $2,500 to $2,100. Meanwhile, on June 25, a month and a half earlier, Citigroup had raised its target from $2,025 to $2,500, citing improving NAND flash memory price outlook and initiating a 90-day short-term upside watch. Additionally, Wells Fargo cut its target from $1,620 to $1,400. However, just half a month earlier, on July 22, Wells Fargo had raised its target from $1,250 to $1,620. -
Unitree Technology: Offering Price Set at RMB 150.80/Share, Online Subscription Date August 10
On August 6, Unitree Technology (688836.SH) announced that its initial public offering of shares on the STAR Market has been priced at RMB 150.80 per share. The offering consists of 40,446,434 shares, representing 10% of the total post-offering share capital. The offering price-to-earnings ratio is 219.23 times, higher than the industry average P/E ratio of 38.56 times. The total funds expected to be raised are approximately RMB 6.099 billion, with net proceeds of approximately RMB 5.917 billion. Strategic placement subscribers were allocated 8,089,286 shares, including the Social Security Fund, DeepSeek, and China National Petroleum Corporation. The online subscription date is August 10, and the payment date is August 12. -
-
-
-
Amazon Shares Surge 15.2%, Biggest Gain Since 2012
On July 31, Amazon shares surged 15.2% to $271.255 per share, marking their biggest gain since 2012, with a total market value of $2.92 trillion.
Daily Must-Read
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
-
The Invisible Bill: Unpacking the Token Amplification Effect
-
ENI Takes the Stage at WebX Japan and Builds a Bridge from Traditional Capital to the Future Economy
-
GWDC 2026 KOREA: The New Asian Paradigm of Web3 & AI Sets to Debut in Seoul on Sept 29-30, Inviting Global Builders to the Ultimate Developer Summit
-
From User Journey to Consumption Loop: Understanding UniKey’s Product Logic and the Three Core Use Cases of KEY
All Comments