Zhipu shifts IPO strategy amid management turmoil, stiff competition
The AI firm, which has begun the process for listing on one of China’s A-share markets in Shanghai and Shenzhen, is reportedly also considering Hong Kong Key Takeaways: Zhipu may…
BRIEF: Airdoc Tech approved for H-share full circulation
Beijing Airdoc Technology Co. Ltd. (2251.HK) announced on Monday that the China Securities Regulatory Commission (CSRC) has approved its plan to convert 50.15 million of its domestic shares into H-shares…
Apple’s AI gamble in China: Did it bet on the wrong horse?
Apple may have miscalculated by teaming with Alibaba in a limited AI partnership, rather than embracing open-source sensation DeepSeek By Vivian Toh When Apple (AAPL.US) recently unveiled its collaboration…
BRIEF: Fangzhou adjusted profit jumps 139% on improving technology, efficiency
Online healthcare platform Fangzhou Inc. (6086.HK) announced last Friday its revenue rose 11.2% last year to 2.71 billion yuan ($374 million). Its annual net loss widened from 197 million yuan…
NEWS WRAP: VNET records first annual profit in three years
The data center operator secured several significant customer orders amid strong AI-driven demand Teri Yu Chinese data center operator VNET Group Inc. (VNET.US) on Wednesday reported its revenue rose by…
BRIEF: Ping An Healthcare records first annual profit
Ping An Healthcare and Technology Co. Ltd. (1833.HK) on Wednesday reported its revenue rose 2.9% last year to 4.81 billion yuan ($665 million), as it ended years of losses to…
China’s Manus AI: A pragmatic shift in the global AI race
Manus' emergence marks a shift in AI development from a technology race to practical application, standing out for its efficient integration and autonomous execution capabilities By Tian Feng When…
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