Market News Today — AI-Curated Stock & Crypto Headlines

Moonshot AI, a Beijing-based Chinese AI start-up and developer of the Kimi K3 model, has confidentially filed for an initial public offering in Hong Kong.

Z.ai (Zhipu AI) and MiniMax, two Chinese AI companies that went public in Hong Kong in January, are showing divergent financial performance in their first-half earnings.

Shein's shares declined by up to 10% on the third day of trading, which may prompt Goldman Sachs to intervene to stabilize the price.

Enflame Technology, a China-based AI chipmaker backed by Tencent, conducted an IPO in Shanghai's Star Market valued at 6.12 billion yuan (US$910.9 million), with the retail portion oversubscribed by 4,073 times by 7 million investors.

Anthropic’s planned IPO is creating competition for attention in the US listing market, potentially delaying or complicating other companies' IPO plans around Labor Day.

Zerodha Broking Ltd., India’s second-largest brokerage, received a merchant banking license through its unit, signaling growth in India’s equity capital market and potential expansion into underwriting and advisory services.

TPG Inc.-backed Asia OneHealthcare Sdn.

Jollibee Foods Corp (JFC) reversed its earlier decision to list its international operations (JFCI) in the U.S.

Continental Reinsurance Holdings Ltd.

Enflame Technology is preparing for a US$910.3 million IPO on the Shanghai Star Market, aiming to validate its specialized AI chip strategy against domestic competitors like Huawei.

Seraphim has launched a new ETF designed to provide pure-play exposure to the space sector, a move driven by heightened investor interest following the IPO of SpaceX.

Global bond markets experienced a deepening sell-off, as indicated by the FT's 'FirstFT' newsletter, which also mentioned unrelated items such as Shein's Hong Kong IPO and South Korea's budget increase.