Shein’s Chinese roots likely to rub some shine from its IPO
Despite working hard to recast itself as a Singaporean company, the fast fashion giant may find that Chinese regulatory scrutiny is its biggest obstacle to a planned U.S. IPO Key…
Tech unicorn Fourth Paradigm relaunches IPO, riding AI wave
The provider of AI services for businesses is making a fourth attempt at a Hong Kong listing, propelled by the excitement about ChatGPT tools Key Takeaways: Beijing Fourth Paradigm, backed…
SenseTime joins chatbot frenzy, as major shareholders say ‘No thanks’
The Chinese AI specialist recently launched its own ChatGPT-equivalent, just as two major shareholders sold down some of their stakes Key Takeaways: SenseTime released its SenseChat chatbot around the same…
UP Fintech talks up TigerGPT as new investor tool
The online broker says its investment chatbot won’t pick stocks, but could ease the ‘overwhelming feeling’ investors get from sifting through ‘mountains of scattered data and information’ Key Takeaways: UP…
Thrifty Tencent Music sings new AI growth story
China’s leading online music platform disappointed investors with its latest results that show its revenue flatlined in the fourth quarter amid growing competition Key Takeaways: Tencent Music’s revenue fell slightly…
FAST NEWS: SenseTime’s loss balloons amid customer churn
The latest: Artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) said its revenue fell 19% to 3.81 billion yuan ($553 million) last year, while its non-GAAP net loss soared 234% to 4.74…
CHINA BULLETIN: TikTok Goes to Washington
In this week’s issue TikTok testifies in Washington, China discovers mRNA vaccines, and also re-discovers Australian coal. On a scale of 1 to 10, we give the week a 4.5 for offshore-listed China stocks.
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