2026-07-27
China has a new most valuable listed company, and it makes the chips inside your phone. CXMT, formerly ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Morning Post reported. That values the Hefei firm at 3.28 trillion yuan, or about $485bn. The numbers are hard to overstate. CXMT priced […]<br /> This story continues at The Next Web [...]
2026-07-27
The advice arrives in the confident cadence of a physician. Microwaving food in plastic gives you cancer, a spoonful of Coca-Cola mixed with onion will ease your pain, and a supplement called “Hyalethinap Plus Pro Max” will fix your hair, nails, and joints in one go. The doctor delivering it does not exist. A study […]<br /> This story continues at The Next Web [...]
2026-07-27
Shein has finally shown investors the numbers. In a draft prospectus filed on July 26, the fast-fashion retailer disclosed annual revenue of $41.8 billion for 2025, up roughly 8% on the year before, alongside a net profit that fell 38.7% to $2.064 billion. Growth, of a sort, bought at a visibly thinner margin. The document, cleared by […]<br /> This story continues at The Next Web [...]