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…
When patriotism lights a fire under stocks
The nationalistic forces that boosted ‘Ne Zha 2’ and DeepSeek have also lifted Chinese stocks. But are the gains sustainable after the excitement fades? By Lee Shih Ta The…
Airdoc Tech enjoys healing properties of medical AI rally
Riding on the DeepSeek frenzy, medical imaging provider Airdoc Tech has found favor with investors again after revamping its AI model, but will the recovery be short-lived? Key Takeaways: Shares…
NEWS WRAP: Surging Xtalpi seizes on tech rally to raise $267 million
The Tencent-backed AI drug developer announced a major new fundraising as it steps up its AI project development By Teri Yu AI drug discovery company XtalPi Holdings Ltd. (2228.HK) announced…
Manycore makes second listing attempt as mood brightens for tech companies
The virtual interior design startup filed for a Hong Kong IPO after its earlier New York listing attempt unraveled Key Takeaways: Virtual interior design company Manycore has filed for a…