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AI Firm Yitu Said to Mull Hong Kong IPO After Shanghai Plan Halt

(Bloomberg) Chinese artificial intelligence company Yitu Technology is considering an initial public offering in Hong Kong after a tightening regulatory scrutiny stalled an earlier attempt to list in Shanghai, people familiar with the matter said.

China chip industry group says working with US counterpart

China chip industry group says working with US counterpart Bloomberg A Chinese semiconductor industry group said it has agreed to work with its U.S. counterpart on chip-related issues, a rare example of bilateral cooperation in an area that has become a focal point of tensions between Washington and Beijing. The China Semiconductor Industry Association said Thursday in a statement on its website that it will form a working group with the Washington, D.C.-based Semiconductor Industry Association. Ten chip companies from each nation will meet twice a year to discuss policies ranging from export curbs to supply-chain safety and encryption technology, the statement said.

Bitmain Probe Spurs Fears Of China Poaching Taiwan Chip Talent

Mar 11 2021, 7:05 AM March 10 2021, 10:17 AM March 11 2021, 7:05 AM (Bloomberg) An investigation into illegal talent poaching by Beijing-based Bitmain Technologies Ltd. has revived fears Chinese companies will target Taiwan’s top engineers as their country works to build a world-class chipmaking industry. (Bloomberg) An investigation into illegal talent poaching by Beijing-based Bitmain Technologies Ltd. has revived fears Chinese companies will target Taiwan’s top engineers as their country works to build a world-class chipmaking industry. Investigators descended on the offices of Bitmain’s two Taiwan units and interviewed 19 people Tuesday in a probe into whether the crypto-mining startup had violated local laws, according to Chang Jui-chuan, a spokeswoman for the New Taipei District Prosecutors Office. The Chinese firm, which develops semiconductors for mining and other purposes, is suspected of illegally recruiting hundreds of engineers from Taiwanese firms

Futures Bounce After BOJ Jawbone; Traders Remain On Edge Ahead Of Payrolls

Futures Bounce After BOJ Jawbone; Traders Remain On Edge Ahead Of Payrolls
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