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Two prominent Hong Kong democracy activists have been convicted of inciting subversion for their roles in organizing annual vigils commemorating the Tiananmen Square massacre. The conviction highlights the ongoing crackdown on dissent in the city.
Seventeen's American member, Joshua Hong, represented the band at UNESCO during their hiatus, indicating that both his and the group's work is far from over, with plans for new endeavors in music and beyond.
The United States has reportedly ordered several chip equipment companies to stop certain shipments to Hua Hong, China's second-largest chipmaker.
Analysts suggest that chipmaker Hua Hong Grace Semiconductor Ltd., AI-related firm Kingboard Laminates Holdings Ltd., and miner Zijin Gold International Co. could be added to Hong Kong’s equity benchmark.
China's leading semiconductor manufacturers, SMIC and Hua Hong Semiconductor, anticipate increased sales in the second quarter, driven by the surging global demand for artificial intelligence.
China's Hua Hong Group is reportedly preparing to begin production of advanced 7nm chips at its facility in Shanghai, marking a significant development in the country's semiconductor industry.
China's leading contract chipmakers, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Grace Semiconductor, reported triple-digit quarterly profit growth in the second quarter, driven by a surge in demand for domestic artificial intelligence.
The United States has reportedly ordered chip equipment manufacturers to cease certain shipments to Hua Hong, China's second-largest chipmaker. This move signifies an expansion of U.S. export restrictions targeting China's semiconductor industry.