Han’s CNC rides AI infrastructure boom, but expansion brings new risks
The printed circuit board equipment maker expects first-half profit to almost quadruple as demand for AI-related…
China’s Londian Wason files for rare New York IPO as battery market rebounds
Copper foil supplier to leading EV battery makers seeks what could be the largest U.S. listing…
Kuaishou completes restructuring of AI video generation Kling as it chases Google, ByteDance
A record-breaking financing round for one of China’s premier generative AI startups masks a complex restructuring…
Beyond autonomous driving: Momenta rebrands as physical AI stock ahead of IPO
By Da Cheung Chinese autonomous driving software provider Momenta has moved one step closer to its highly anticipated…
China’s AI ‘heroes’ brace for a reality check in Hong Kong as IPO lockup expirations loom
By Da Cheung Six months ago, they were known as the “Two Heroes” of China’s generative…
EHang navigates financial turbulence as it awaits regulatory approval for commercial eVTOL flights
By Brent Li China’s ambition to fill its skies with passenger drones is facing a reality…
EV maker Seres teams up with ByteDance to diversify beyond Huawei
By Feng Ye Chinese electric vehicle (EV) maker Seres (601127.SH) (9927.HK) is preparing to launch a new automotive brand…
Xiaomi’s EV boom risks turning to bust as limited range of models holds back sales
By Yang Jie A year ago, investors hailed Xiaomi’s entry into electric vehicles (EVs) as one of…
Alibaba and Tencent burn through billions in AI race, putting profits under pressure
By Xu Yang China’s two biggest internet groups are pouring unprecedented sums into artificial intelligence, sacrificing…
Ximalaya’s IPO dream dies as Tencent finally seals takeover of China’s ‘audio king’
By Du Chen After more than a decade dominating China’s online audio market, Ximalaya has abandoned its long-running…
Latest
- Han’s CNC rides AI infrastructure boom, but expansion brings new risks
- China demonstrates novel net-catch rocket recovery system as it races to close the gap with SpaceX
- China turns to molten salt to tackle renewable energy storage bottlenecks in the national grid
- Dramatic slowdown in China’s range-extended electric vehicle market raises concerns over Xiaomi’s strategy
- Biokin’s new cancer drug secures historic approval in China, but Western regulatory hurdles loom
