China’s national electricity load exceeded 1.5 billion kilowatts on Wednesday, setting a new historic high, the National Energy Administration said, as extreme heat in wide swathes of the country …
BUSINESS
China vows to regulate ‘irrational’ competition in EV industry
China’s cabinet on Wednesday pledged to regulate what it called “irrational” competition in the country’s electric vehicle industry, vowing to strengthen cost investigation and price monitoring, …
Nvidia CEO downplays role in lifting US ban on chip sales to China
BEIJING (AP) — The head of Nvidia downplayed his role in getting the U.S. government to lift a ban on selling an advanced computer chip in China and said it will take time to ramp…
Nvidia to boost H20 chip sales to China after US export restrictions ease
Nvidia will ramp up supply of Chinese-compliant H20 chips in the coming months and look to bring more advanced semiconductors to the world’s second-largest technology market, Chief Executive Jensen …
China’s ‘chokehold’ over critical minerals has created ‘life or death matter for the 21st century’: experts
The House Foreign Affairs Committee heard testimony on security risks as the U.S. remains 100% import reliant on nearly a quarter of 50 critical minerals dominated by China.
Chinese AI firm MiniMax files confidentially for Hong Kong IPO, sources say
Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the float, which could happen before the end of this year, …
Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources say
By Kane Wu, Liam Mo and Che Pan HONG KONG (Reuters) -Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the …
China’s GAC to launch UK car sales with two Aion brand EVs
Jameel Motors has signed a deal to distribute Guangzhou Automobile Group’s (GAC) vehicles in Britain, the two companies said on Wednesday, making GAC the fourth Chinese automaker to launch a new brand …
Humanoids are leading China’s AI and tech revolution
China has invested billions into its artificial intelligence ambitions, aiming to be a leader in the global tech landscape. At the Beyond Expo in Macao, CNN’s Kristie Lu Stout explores the country’s …
Leading emerging markets strategist says the long American century is over: Place your bets on China, not the U.S.
Leading emerging markets strategist says the long American century is over: Place your bets on China, not the U.S.
Alibaba-Backed Chinese AI Startup Files for Hong Kong IPO
MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap …
CNBC’s The China Connection newsletter: From Didi to DeepSeek
Foreign investors are returning to China in search of opportunities in artificial intelligence startups, including those in their early stages.
How Hong Kong stock exchange has simplified the IPO process
Jack Chan, EY China’s chairman, describes how the HKEX and SFC’s new Technology Enterprises Channel has streamlined the process for technology firms.
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