China tech sector

Exports of semiconductors almost doubled in value terms from 2025

Firm intends to release the Qwen3.8-Max weights for public download in the week starting Aug 10

Its predicted valuation in the next 12 months ranges from US$160 billion to US$1.1 trillion

Firm’s realistic near-term target remains below the performance of today’s leading AI memory

Firms have raised US$33.8 billion from new listings in Hong Kong so far this year

Its US$487 billion market value after its debut put it at around half the valuation of Micron and SK Hynix

As China enters a new cycle of industrial transformation, the overlap between government and business is unlikely to diminish

Firm is the world’s fourth-largest maker of dynamic random-access memory, or DRAM

The firm might choose to resume the deal process at a later date