Dancing robots and K-pop diplomacy: China’s economic and social gambits
Unitree plans to file for an IPO by year end. And China has quietly lifted a nearly decade-old ban on K-Pop.
Flowing Cloud taps investors for more cash as metaverse halo disappears
The marketing services provider, once billed as Hong Kong’s ‘first metaverse stock,’ plans to raise about $10 million through a share placement to ease its financial pressure Key Takeaways: Flowing…
Senasic seeks fast start as automotive sensor market takes off
With a Hong Kong listing, the maker of chips to check tire pressure and battery life wants to capitalize on China’s tightening safety standards for electric cars Key Takeaways: About…
SUNeVision profit rises, but near-term pressures worry investors
The Hong Kong data center operator’s revenue rose 10% in its fiscal year through June, fueled by demand from AI applications and cross-border data traffic Key Takeaways: SUNeVision’s revenue rose…
Dancing robot sensation Unitree boogeys towards IPO
The company behind the dancing humanoids that wowed viewers on China’s Lunar New Year’s Eve Gala plans to take its act to the capital markets by year end Key Takeaways:…
Black Sesame throws down the gauntlet to Qualcomm in autonomous driving race
The startup’s internally developed C1200 series chips can substitute for the U.S. giant’s higher-end offerings, forming a key plank to its expansion strategy Key Takeaways: Black Sesame continued to lose…
Tuya accelerates AI strategy with 93% of shipped products featuring full AI integration
The global cloud platform service provider is taking extensive steps to incorporate AI into tools for its developers and the hardware and apps they create Key Takeaways: Tuya said about…
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