The proceeds are earmarked for upgrading its technology platform and developing new products, as well as sales expansion, potential equity ...

Chinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, targeting a valuation over $4 billion and aiming to raise up to $6...

Zhipu AI, developer of the GLM series of language models, claims its flagship GLM4 model surpasses OpenAI's GPT-4 on several performance be...

Other backers include China's Cornerstone, the Shenzhen city government's SDG Group, and Jinshi Xingyao, an investment platform for Honor's...

Global online shopping unit includes Lazada, AliExpress, and has been valued by analysts at $39 billion.

Opened borders could lead to a pick up in deals involving private equity funds later in 2023 as firms head to China to find buyers for thei...

Chinese artificial intelligence start-up SenseTime Group postponed its $767 million Hong Kong initial public offering (IPO) on Monday after...

The largest online audio platform in China, Ximalaya had 250 million average monthly average users in the first quarter of 2021, according ...

"Ant's business is likely to be restricted by new financial regulations. As a result, the relaunched IPO price will most likely be lowered,...

The Shanghai stock exchange announced that it had suspended the company's initial public offering (IPO) on its STAR Market, prompting Ant t...

The company may raise another $5.17 billion if it exercises it Hong Kong and Shanghai green shoe options. That would give Ant a valuation o...

Ant is following a highly unusual process that draws on some of the tactics its former parent and affiliate Alibaba Group previously used.

Among the banks helping General Motors with its initial public stock offering next week are two identified by initials only: ICBC and CICC.