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Drone owners rush to offload devices ahead of Beijing banDrone owners in Beijing flocked to designated buy-back sites this week, looking to sell their devices for as much as possible ahead of an i...- Chinese 'robot brain' startup sees ChatGPT-style breakthrough as soon as next yearDespite impressive hardware advances allowing Chinese humanoids to sprint, dance and do backflips on command, Chinese robot firms are incre...
- China's RoboTechnik to launch $800 million Hong Kong listing on September 21RoboTechnik, which is listed in Shenzhen, makes equipment for photovoltaic cell manufacturing and assembly and testing systems for silicon ...
- Global Market: China stocks rally 1% as Trump-Xi meeting raises trade hopesChina’s stock markets rose strongly as investors anticipated progress in upcoming US-China trade talks between Donald Trump and Xi Jinping....
- Global Market: Yuan hits 4-year high as traders bet on further gainsChina’s yuan strengthened to four-year highs against the dollar, supported by strong exports, exporter dollar conversions and expectations ...
- 'Loneliness' in China is now a $1 trillion 'singles economy' in the world's second most populous country with 1.4 billion peopleChina’s growing number of people living alone is driving a $1 trillion singles economy, with businesses offering products and services tail...
- Pakistan to seek bigger China swap line as $30 billion facility nears renewalPakistan plans to request an increased swap line with China upon its 2027 expiration. The nation anticipates a U.S. response regarding a pr...
- Global Market: China broadens Yuan FX clearing in push for global currency useChina has expanded yuan foreign-exchange clearing to include the Singapore dollar, New Zealand dollar and Thai baht, as Beijing seeks to wi...
- China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
- China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
- Dollar girded by bets on a US hiking cycleOn Wednesday, the dollar maintained its recent strength against leading currencies as traders eagerly awaited the Federal Reserve's anticip...
- China's DeepSeek hires dealmaker as CFO ahead of possible IPOA CFO typically plays a central role in managing investor communications, financial controls, capital allocation and disclosure processes ...
- China's Z.AI raises $5 billion from new share, convertible bond sales, filing showsZ.AI launched the sales on Friday, offering 21.97 million new Hong Kong shares at HK$714 ($91.05) each, a 10% discount to Friday's closin...
- China AI developer Z.AI launches $5 billion Hong Kong share, convertible bond sales, term sheet showsThe fundraising comes as Chinese AI developers seek capital for the costly computing infrastructure and talent needed to compete with large...
- Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debutTencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong inve...
- Global Market: China state insurers, banks to raise up to $54 billion to bolster capitalChina’s Ministry of Finance will inject up to $10.4 billion into five state-owned insurers as part of a broader plan to strengthen financia...
- China's AI chipmakers raise prices as high-bandwidth memory shortage bitesHuawei has lifted the indicated price of its Ascend 950DT accelerator card, which integrates an AI processor with memory and other componen...
- China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
- Shenzhen Longsys Electronics secures $903 million funding to boost AI data center technology expansionShenzhen Longsys Electronics raised over seven billion Hong Kong dollars in its recent stock offering. This significant capital infusion is...
- Global Market: China insurer recapitalisation may ease capital constraints and support stock investmentsChina’s planned $53.6 billion recapitalisation of state-owned insurers and banks could ease solvency pressures and strengthen insurers’ cap...
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