Fourth Paradigm rides AI wave to IPO, but faces choppy waters
After three failed tries, the leading Chinese AI giant’s listing application was finally accepted by the Hong Kong Stock Exchange Key Takeaways: Fourth Paradigm’s IPO application has been accepted by…
Not quite closure: Alibaba exit leaves questions for SenseTime
Investors have been cashing out of the Chinese AI specialist while other AI stocks around the world are surging Key Takeaways: SenseTime’s battered share price enjoyed a brief bounce after…
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China goes it alone in AI 2.0, drawing on local funds and trio of industry veterans
Former Google executive Lee Kai-fu has emerged as one of China’s biggest AI investors, as big global names avoid the sector over fear of getting caught in geopolitical tensions Key…
MiniMax scores big new funds, but likely to need more in expensive AI race
The AI company is reportedly close to securing $250 million in new cash, attracting investors with its deep talent pool and growing stable of products Key Takeaways: AI company MiniMax…
With strong results, who needs splashy chatbots? Not Tencent
The leading game operator’s latest quarterly results showed it has emerged from a two-year cloud of harsh regulation and Covid restrictions Key Takeaways: Tencent’s first-quarter revenue and adjusted net profit…
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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…
CHINA BULLETIN: China Frets Over Trade
In this week’s issue growing trade troubles, sagging smartphone sales and British Airways jets back to China. On a scale of 1 to 100, we give the week a 50 for offshore-listed China stocks.
