China Top Tech Stocks Added $439bn, More Than Mag Seven

March 7, 2025

Catenaa, Friday, March 07, 2025- China top tech stocks have added $ 439 billion to the market so far in 2025, outperforming US magnificent seven stocks, a report from Bloomberg said on Friday. The report said an equal-weighted basket of China’s seven tech heavyweights including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. — dubbed the “7 titans” […]

Xiaomi Seeks $5.3bn in Share Sale To Fund EV Expansion

March 24, 2025

Catenaa, Monday, March 24, 2025- Xiaomi is offering a share sale seeking to raise $5.3 billion to capitalize on the rally around Chinese stocks to expand its EV business, a Bloomberg report said on Monday. The EV and mobile maker is offering 750 million shares at HK$52.80 to HK$54.60 apiece, according to terms of the […]