HKGXTS is a joint venture between the Hong Kong Gold Exchange and TGX Technology, with pilot operations targeted for the first quarter of 2027.
Unitree’s STAR Market debut was an exceptional but volatile first-day rally: it opened 629.44% above its IPO price and still closed 460.34% higher, valuing China’s first listed humanoid-robot maker at about...
Unitree’s August 19 STAR Market debut was an exceptional first-day surge: it opened at ¥1,100 and finished at ¥845, well above its ¥150.80 IPO price. The offering raised about ¥6.1 billion ($904 million), ma...
Hesai’s growth is being driven by lidar adoption rather than overall car sales: fitment in China’s 150,000–200,000 yuan passenger car segment rose from 12% in 2025 to 27% in the first quarter of 2026.
SpaceSail raised a record ¥6.976 billion—about $1 billion—in China’s commercial satellite internet sector, valuing the Qianfan operator at roughly ¥50 billion; the funding accelerates deployment, but Qianfan...
Alibaba’s cloud and AI businesses appear to be entering a scale-and-monetisation phase: demand is accelerating while margins are improving, which could turn today’s heavy infrastructure outlay into a stronge...
China’s average daily AI token calls exceeded 140 trillion in March 2026, up from 100 billion in early 2024.
China has granted Geely backed Geespace a two year permit for a commercial satellite IoT trial—the country’s first awarded to a private sector company.
China’s Ministry of Industry and Information Technology approved Geely backed Geespace to conduct a two year commercial trial of satellite IoT services.
Introduced in August 2026, Harvey Tenet is the company’s first in house legal model, post trained on Moonshot AI’s open weight Kimi K3.
Alibaba’s AI and cloud revenue rose 45% year on year in the June quarter, while AI cloud adjusted EBITA margins reached 11.6%; the trade off is that capex and net profit moved sharply in opposite directions,...
Harvey built Tenet to handle long, multi step legal work more effectively and economically.