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SMIC, mainland China's biggest IPO in 10 yrs; US-China ties at all time low

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Good morning, Here’s Friday's edition of Asia AI News! Another big China tech IPO this week. As menti
 
July 17 · Issue #274 · View online
Asia AI News
Good morning,
Here’s Friday’s edition of Asia AI News!
Another big China tech IPO this week. As mentioned yesterday, Wednesday saw industrial robot maker Efort capitalise at CNY16.2 billion ($2.3 billion) on Shanghai’s STAR Market , exceeding its CNY826 million target by far.
Yesterday, China’s biggest chipmaker SMIC debuted on the Shanghai Stock Exchange raising 46.28 billion yuan ($6.62 billion), as its shares surge 245%, making it the largest IPO mainland China has seen in a decade.
Scroll down for these stories and more, including Indian robotics firm Milagrow’s latest product launches, updates on U.S. measures against China and Hong Kong, plus news of NEC’s AI-brewed beer!
Stay safe and have a great weekend!
/Carrington

Startup News
Shares of China's biggest chipmaker SMIC surge nearly 202% in Shanghai debut Shares of China's biggest chipmaker SMIC surge nearly 202% in Shanghai debut
Robotics
Milagrow introduces 4 humanoid robots for healthcare, hospitality, office management industry
NUS research team imbues robot with a sense of touch
Financial Services
FSC convenes working group to nurture AI-based finance
Education
CBSE partners with IBM to integrate AI curriculum in 200 schools in India
Geopolitics
US-China relations are at an all time low, but Trump still seems unsure how to handle Beijing US-China relations are at an all time low, but Trump still seems unsure how to handle Beijing
Xi reassures global CEOs as Trump steps up push to isolate China
US revokes Hong Kong's special status: what are the implications?
Opinion: The tensions over Huawei are not about trade, but about global supremacy
AI Brewed Beer
AI-brewed beer? NEC concocts a style for your generation AI-brewed beer? NEC concocts a style for your generation
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