Chinese lithography and integrated circuit manufacturer Circuit Fabology Microelectronics Equipment (CFMEE) is set to launch a Hong Kong listing next week, as China continues its drive for semiconductor self-sufficiency amid US sanctions. The company, based in Hefei, Anhui province, said on Wednesday that it would offer more than 12.8 million H shares globally at a price range of HK$240.09 to HK$252.73 apiece, raising up to HK$3.2 billion (US$410 million). The offer period will run until next...

Many people believe Chinese artificial intelligence models are leading the global tech race – even in countries considered key US allies – according to a new poll by the London-based consultancy Public First. However, the poll also revealed that China lags in trust regarding its AI models. The survey, which covered over 18,000 people across 15 countries, found that respondents from 11 nations acknowledged China’s AI leadership. These included Canada, Britain and France, where at least 40 per...