Magnate’s downfall spotlights China’s troubled chip love affair, in life and in death
Zhao Weiguo, former chairman of the once highflying Tsinghua Unigroup, received a suspended death sentence last week for corruption Key Takeaways: The rise and fall of Zhao Weiguo, who was…
CiDi drives toward IPO, powered by ‘godfather of drones’
The maker of commercial vehicle autonomous driving technology has updated its application to list in Hong Kong, boasting a market value of $1.2 billion Key Takeaways: CiDi Inc. has applied…
Zijin Mining sees gold in IPO for international arm
The company hopes to take advantage of record gold prices to raise big money from a separate listing for its overseas business mining the precious metal Key Takeaways: Zijin Mining…
Uber’s Chinese robotaxi romance, and Webull’s strong debut
Uber has signed new alliances with Chinese robotaxi operators Momenta and Pony AI, and fortified an existing partnership with WeRide. Why the sudden embrace of Chinese robotaxis? And Webull's stock has charged from the gate with massive gains following its SPAC listing. What's driving this company, which is an unusual hybrid of a U.S.-based business with strong China ties?
Zhipu in race to become first to list among new generation of Chinese ‘AI tigers’
The company, which focuses on large language models for enterprise clients, has raised 2 billion yuan this year, from mostly government sources Key Takeaways: Zhipu AI is aiming to become…
Keytop seeks to turn China’s parking pain into opportunity
The provider of smart parking technologies wants to capitalize on a shortage of spaces in Chinese cities as it looks to go public in Hong Kong Key Takeaways: Keytop has…
ZJK focuses on the nuts-and-bolts, steers clear of Nvidia hype
The maker of industrial fasteners reported its revenue grew 30% last year, as international markets grew to account for about a third of its business from 14% in 2023 Key…