HashKey crypto exchange raised $30 million from China’s Gaorong Ventures at a $1.5 billion valuation amid Hong Kong’s evolving crypto regulations.
Monthly Archives For February 2025
Beijing directly threatened by US missile launcher based in the Philippines
China has promised to retaliate after the deployment of a U.S. missile launcher in the Philippines, which Beijing sees as a direct threat to its security. The medium-range missile launcher, stationed …
Pi Network to Block China and Other Regions from Trading, Exchange Confirms
OKX reveals that Pi Network has asked it to adopt an isolated listing method. As a result, users deemed eligible in some regions might not …
PVH’s Calvin Klein And Tommy Hilfiger Are First Fashion Victims Of U.S.-China Trade War
China has blacklisted PVH’s Calvin Klein and Tommy Hilfiger brands, potentially shutting it out of the Chinese market and disrupting its manufacturing capabilities.
China hopes EU to reach ‘political decision’ on EV tariffs soon, commerce minister says
China hopes the European Commission will make a “political decision” on its anti-subsidy case against Chinese electric vehicles soon, Commerce Minister Wang Wentao said in a video call with …
Live updates: Trump wants denuclearization talks with Russia and China, hopes for defense spending cuts
President Donald Trump said Thursday that he wants to restart nuclear arms control talks with Russia and China and that eventually, he hopes all three countries could agree to cut their massive …
China Reacts to Trump and Putin’s Ukraine War Talks
China has offered to host a summit between the two leaders—without the participation of Ukraine—the WSJ reported.
China’s Gaorong Ventures Invests $30 Million in Crypto Unicorn
Gaorong Ventures has invested $30 million in the operator of Hong Kong’s biggest licensed crypto exchange, a rare example of a Chinese venture powerhouse dabbling into the $3 trillion digital asset …
Xi Jinping Assembles Jack Ma, Pony Ma, and Other Big Tech Leaders to Revive China’s Private Sector
A group of leading Chinese tech executives are set to attend a meeting with Chinese President Xi Jinping. The meeting will attempt to build confidence …
FACTBOX China’s AI firms take spotlight with deals, low-cost models
Alibaba’s announcement this week that it will partner with Apple to support iPhones’ artificial intelligence services offering in China has again thrust the spotlight on the country’s AI industry on …
China’s DeepSeek is redefining the data center market
CNBC projected that the emergence of cheaper AI models from China could increase the demand for data centers. Analysts reportedly tilted their forecasts after DeepSeek’s launch, anticipating immediate …
China gets another bubble tea billionaire with Good me operator’s IPO
Wang Yun’an, founder of beverage chain Good me, has become China’s latest “bubble tea billionaire” with a net worth of $1.2 billion after an initial public offering (IPO).
Nvidia cuts stake in Arm Holdings, invests in China’s WeRide
Nvidia reduced its stake in British chip firm Arm Holdings by about 44% and exited its holdings in Serve Robotics and SoundHound AI in the fourth quarter, a regulatory filing showed on Friday. The Santa…
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