An inland Chinese province in East China, capital Hefei, landscapes along Yangtze and Huai basins
China’s CXMT has raised about $8.6-9.8 billion in its STAR-market IPO, underscoring Beijing’s drive for tech self‑reliance. The stock surged on debut but faces headwinds from limited access to EUV tooling and ongoing competition from Samsung, SK Hynix and Micron. Analysts say long-term success depends on closing technology gaps, not investor enthusiasm.
Typhoon Dolphin has weakened inland but continues to cause extreme rainfall and floods across Zhejiang, Shanghai and Fujian. Authorities have evacuated hundreds of thousands, canceled thousands of flights, and closed major attractions as the storm moves westward.
Dolphin has made landfall near Yuhuan, Zhejiang, bringing winds of 151 km/h and torrential rain. The storm has prompted mass evacuations, flight cancellations, and widespread transport disruptions as authorities warn of prolonged rainfall and flood risk across eastern China.
Multiple storms have triggered heavy rainfall and evacuations across the Philippines and China. Landslides, flooding, and infrastructure disruptions have prompted emergency responses, with millions moved to safety and governments easing rules for disaster claims.