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Finance
Shinhan Investment Corp expands cooperation with Japan, Hong Kong and Vietnam
Shinhan Investment Corp is expanding cooperation with financial institutions and capital-market related bodies in Japan, Hong Kong and Vietnam as it accelerates the building of a global investment platform. The company said its CEO Lee Sun-hoon visited the three countries to discuss cooperation on foreigner integrated accounts, wealth management and investment banking. In Hong Kong it signed an MOU with CICC International. In Vietnam it met regulators and exchange officials to discuss market cooperation and investor exchanges.
Industry
China\'s top DRAM maker CXMT launches $4.3 billion Shanghai IPO, test for AI memory push
ChangXin Memory Technologies (CXMT), China’s largest DRAM maker, is launching a Shanghai IPO worth about $4.3 billion as AI data centre demand drives a surge in memory needs. Subscriptions on the STAR Market are set to begin on July 16. The company plans to raise 29.5 billion yuan by selling about 6.69 billion shares, around 10 percent of total shares after listing, with an overallotment option also secured.
Industry
China tungsten curbs disrupt WF6 supplies, raising risks for HBM and AI chip output
The push to expand AI semiconductor output is straining supply chains for specialty electronic gases, an analysis said. China’s controls on high-purity tungsten exports have led to disruptions in Japan’s supply of tungsten hexafluoride (WF6), raising new supply-chain risks for high-bandwidth memory, DRAM and advanced logic chips. Usage of specialty gases rises sharply as processes shrink and as HBM and 3D NAND output expands. Alternative suppliers are limited, while Chinese producers are expanding capacity and prices have risen.