Infinigence takes its AI chip-translator pitch to Hong Kong investors
With ties to Tsinghua University, the AI infrastructure specialist has won backing from prominent tech and venture investors as it reportedly prepares for an IPO Key Takeaways: Infinigence has reportedly…
Manus ‘friends’ investors with $500 million fundraising as former buyer turns rival
Returning investors like the AI agent operator for its experience making and selling practical software as Meta and other tech companies compete for the same work Manus has raised more…
Tongcheng, other travel peers come under anti-competitive scrutiny
The leading second-tier online travel agent, alongside rival services operated by Alibaba and Meituan, are being investigated by China’s market regulator Key Takeaways: Tongcheng, along with second-tier online travel services…
Hangzhou weighs ending low-altitude economy incentives
The city of Hangzhou has proposed repealing a local policy providing financial support for the low-altitude economy, potentially ending a program originally set to expire at the end of 2027,…
ZTO shares slump after Alibaba pares stake
Alibaba on Monday pared its stake in logistics firm ZTO Express (Cayman) Inc. (2057.HK; ZTO.US), offloading 25 million American depositary shares (ADS) at $20.02 apiece in a transaction valued at…
Volume chipmaker ASR looks to climb up the value chain
The global leader in cellular connectivity chips has filed for a Hong Kong listing as it accelerates its push into the higher-margin business of specialized ASIC chips Key Takeaways: ASR…
Moonshot aims for meteoric valuation with a $3 billion Hong Kong IPO plan
Following back-to-back listings by Z.AI and MiniMax, the startup behind the Kimi chatbot is reportedly seeking a $50 billion valuation through a Hong Kong IPO Key Takeaways: Moonshot has reportedly…
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