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…
Vatai delivers new e-commerce story with focus on cross-border trade
The provider of compliance services for cross-border e-commerce companies has filed to list in Hong Kong, boasting 66% revenue growth in the first half of this year Key Takeaways: Vatai…
China’s AI advances mask widening gap with U.S. in private capital investment
The performance gap between leading Chinese and U.S. AI models has narrowed to less than 3%, yet U.S. private AI investment is still 20 times higher than China’s By…
How AI agents are reshaping China’s office ecosystem
China’s AI office race is heating up as tech giants and software vendors push agents beyond chatbots toward execution of workplace tasks as ‘digital employees’ By CLS Marketwatch The…
Kuaishou’s AI ace valued at $18 billion as countdown to spinoff begins
The short video giant is preparing to cut the financial cord with its Kling unit, opening up new valuation room for the popular AI video asset Key Takeaways: Kuaishou is…
INTERVIEW: Cainiao rolls out ZeeBot in latest step toward ‘Dark Warehouses’
The newest robotic member of e-commerce giant Alibaba’s logistics arm is notable for its ability to move not only horizontally, but also to climb within warehouses By Doug Young…
Fear of missing out fuels Chinese instant commerce bids, as reality bites Hong Kong AI stock bubble
"There's no way that this acquisition could help them rebuild their image strongly enough that they could eventually do a listing in the U.S." (speaking on why some Hong Kong-listed…