An IPO would mark a milestone for the fast-growing startup co-founded in early 2023. Read more at straitstimes.com. Read more at straitstimes.com.
Featured Posts Title
China’s tycoons made fortunes offshore. Now the party is over.
Chipmaker CXMT becomes mainland China’s most valuable listed firm
China’s industrial profits grow at slowest pace this year
Typhoon Noul: Shenzhen girl, 6, blown away by gale, runs back to safety
China’s influence machine: Federal records expose Beijing’s push to sway America
Typhoon Noul weakens after making landfall, brings heavy rain to southern China
China’s COVID-19 rises to moderate level activity, overtakes flu as top respiratory pathogen in past week: CDC data
Recent Posts
China’s Moonshot plans IPO in 6 months after AI breakthrough
China cracks down on chatbot romances as birthrate crisis worsens: report
The new rules reportedly aim to curb emotional dependence on AI chatbots as China grapples with a shrinking population and record-low birthrate.
China’s Questionable Tech Strategy
The president’s decision raised the alarm among lawmakers that he was sacrificing American security and the country’s edge in AI for a trade deal with China’s leader, Xi Jinping. But any concern that …
The key to solar and wind power is battery storage, and China is dominating
Chinese suppliers have 90% of the U.S. energy-storage market, generating concern in Washington about overreliance on its rival.
China’s new generation of tycoons is its most enigmatic yet
That puts him at home among the new generation of young Chinese billionaires. The country is cranking out more of them than anywhere else bar America. According to Hurun, which tracks the riches of …
Ethics as the architecture of power: China proposes a new global governance framework for artificial intelligence
For decades, geopolitics was shaped by control over territory, natural resources, maritime routes, and military capability. In the twenty-first century, those factors remain decisive, but a new …
China unveils brain-to-robot platform that lets people control machines with their thoughts
Teaching robots how to act is hard. Teaching them what humans actually want is …
Institutional demand for CXMT’s $8.6 bln Shanghai IPO dented by chip stock selloff
Chinese chipmaker CXMT Corp’s $8.6 billion initial public offering was more than 500 times oversubscribed by institutional investors, according to a filing on Sunday, but the demand was less feverish …
Moonshot Plans IPO in Six Months After China AI Breakthrough
Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s …
Rescuers in China search the rubble for survivors of landslide that killed 8 and left 34 missing
Rescue crews used excavators on Sunday to comb through the rubble in search of survivors from a landslide in the southwestern Chinese city of Chongqing that killed at least eight people and left …
China’s Tech Bubble
The president’s decision raised the alarm among lawmakers that he was sacrificing American security and the country’s edge in AI for a trade deal with China’s leader, Xi Jinping. But any concern that …
Carvina Capital Sees China Exports Jump 27%
Semiconductor and artificial-intelligence shipments power the fastest monthly export expansion in over four years, lifting the trade surplus towards record territory even as protectionist …
Democratic Taiwan must not become ‘China’s Taiwan’, president says
President Lai Ching-te and his ruling DPP champion Taiwan’s separate identity from China, a position that frequently angers Beijing which views the island as part of Chinese territory.
