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How Huawei’s dominance hangs over China’s AI chip IPO boom

How Huawei’s dominance hangs over China’s AI chip IPO boom

China’s artificial intelligence chip sector has drawn heavy investor interest following a string of successful initial public offerings. But while those newly listed firms have led market gains, analysts say they are not leading China’s effort to reduce reliance on Nvidia. Instead, most analysts point to tech giant Huawei and its secretive chip unit, HiSilicon,…

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Trip.com shares plunge as China opens antitrust probe into company

Trip.com shares plunge as China opens antitrust probe into company

Signage at the Trip.com Group Ltd. headquarters building in Shanghai, China, on Monday, Aug. 28, 2023.  Bloomberg | Bloomberg | Getty Images Shares of Chinese online travel services provider Trip.com plunged nearly 22% in Hong Kong on Thursday after Beijing opened an antitrust probe into the company. China’s State Administration for Market Regulation late Wednesday said…

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Iran briefly closes airspace as U.S. tensions rise, flights rerouted across region

Iran briefly closes airspace as U.S. tensions rise, flights rerouted across region

Iranians gather while blocking a street during a protest in Kermanshah, Iran on January 8, 2026. Kamran | Afp | Getty Images Iran temporarily closed its airspace late Wednesday to most incoming and outgoing flights amid escalating tensions with the U.S., according to a notice posted by the Federal Aviation Administration. The restriction was scheduled to…

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