China’s biggest AI firm SenseTime filed Friday to go public on the Hong Kong exchange as China tightens scrutiny on overseas listings. The firm is planning to raise at least $2 billion in its IPO,…
Monthly Archives For August 2021
Chinese A.I. firm SenseTime files for Hong Kong IPO despite tech crackdown and U.S. blacklist
SenseTime did not disclose the size of the IPO but is pushing ahead with a listing even as China tightens regulation for the country’s technology industry.
Merlin Entertainments announces commencement of construction on the world’s largest LEGOLAND® Resort today in Shenzhen
Merlin Entertainments (“Merlin” or “the Company”), a global leader in location-based entertainment, today announces that construction of the world’s largest LEGOLAND® Resort in Shenzhen has begun.
Tim Hortons and Tencent Esports Open Shenzhen Collab Coffee Store
Canadian coffee chain Tim Hortons has partnered up with Chinese internet giant Tencent to open a new type of social gaming space in Nanshan district. Daniel Ahmad, a senior analyst covering the China …
China bans exams for six-year-olds as Beijing retools education system
China’s exam-oriented system previously required students to take exams from first grade onwards, culminating in the feared university entrance exam at age 18 known as the gaokao, where a single score …
Bombers will add to China’s growing nuclear triad
The Peoples Liberation Army Rocket Force, which controls Chinas nuclear arsenal, has attracted much attention recently with the discovery of no fewer than 250 intercontinental ballistic-missile silos …
American Ordered 8 Boxes Of Fertiliser In Feb. A Box Is Still In China
Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes, waiting for a ride to the U.S.
China Bans Exams For Six-Year-Olds To Relieve Students Of Pressure
Beijing on Monday banned written exams for six- and seven-year-olds, as part of sweeping education reforms aimed at relieving pressure on pupils and parents in China’s hyper-competitive school system.
China wind turbine maker to launch EV-charging robots
One of China’s biggest wind turbine makers plans to tackle the country’s chronic shortage of electric vehicle charging points: mobile robots that bring the juice to the car. Envision Group plans to …
China’s feminist fightback
Today, we speak to the reporter, Jesse Lau, who tells us about the women on the front line of China’s feminist fight back and we ask whether the MeToo movement in China can prevail. In…
Why China’s Been Changing Its Mind About Billionaires: QuickTake
Chinese President Xi Jinping’s newfound emphasis on promoting “common prosperity” to deal with the large wealth gap in the ostensibly communist nation has led to tough times for some of China’s …
China August factory activity seen growing at slightly slower pace
Growth in China’s factory activity likely cooled further in August, a Reuters poll showed on Monday, as COVID-related restrictions and high raw material prices continued to pressure manufacturers and …
Why China’s cracking down on tech — and what’s next
Beijing’s regulatory blitz has shocked outsiders and befuddled investors. Here’s why it’s happening, and what it could mean for China and beyond.