Megvii Technology, one of China’s original “AI Elite Four” announced its application for an IPO on the Shanghai Stock Exchange Science and Technology Innovation Board (STAR) has been withdrawn.
Featured Posts Title
Beijing’s new supply chain rules deepen concerns for US firms in China
Beijing issues warning over Japanese militarism
2026 Beijing Art Season to open in May
After call from Beijing, China’s auto industry races to embed AI in just about everything
Value, space and style pull Hongkongers to Shenzhen’s new cultural hotspots
Costco China Operator Faces Lawsuit From Beijing Namesake Firm
Carmakers show off new EVs, AI applications at Beijing motor show
Recent Posts
Chinese AI company Megvii cancels IPO on STAR market
Starbucks and Nestlé face scrutiny over labor practices in China
Ghost’ coffee farms in Starbucks’ and Nestle’s supply chains in China are overworking farmers and allowing underaged labor, China Labor Watch has found.
China Mobile joins bidding war for HKBN with US$882 million offer
China Mobile has received undertakings from Canada Pension Plan Investment Board and US private equity firm TPG, which hold a combined 25 per cent stake.
China refuses to work with Russian financial institutions under US sanctions
Chinese banks have begun blocking payments from Russian credit institutions that have been subject to new sanctions imposed by the US Treasury Department. Source: The Moscow Times Details: Thus, the …
US lawmakers back Covid-19 Chinese lab leak theory after two-year probe
China hit back at the report, saying it had “no credibility” and accusing the US of using the outbreak for “political manipulation”. Read more at straitstimes.com.
China bans exports of gallium, germanium, antimony to US
China will ban exports of ‘dual-use items’ related to gallium, germanium, antimony and superhard materials to the United States that take effect from Tuesday, the commerce ministry said.
Resumption of multiple-entry visas for Shenzhen residents ‘unlikely’ to give rise to parallel traders, John Lee says
The resumption of multiple-entry Hong Kong visas for Shenzhen residents is unlikely to give rise to the smuggling practices that once brought overcrowding to northern districts, leader John Lee has …
Shenzhen Gifts & Home Fair 2024 Wraps Up, Unveiling Insights into China’s Consumer Market
International Gifts and Home Products Fair (SZ Gift Fair) successfully concluded its four-day run at the Shenzhen World Exhibition & Convention Center from 20-23 October. Covering 260,000 square …
U.S. unveils news rules banning China from semiconductor technology
The United States has unveiled new rules prohibiting the export of semiconductor technology to China as the Biden administration continues to implement measures aimed at restricting Beijing’s ability …
China’s 2025 economic path previewed as central bank pledges ‘supportive’ monetary policy
People’s Bank of China governor Pan Gongsheng pledges to ensure adequate liquidity and lower overall financing costs for businesses and households.
China Lifts Last Australia Meat Processor Bans, Albanese Says
China has now lifted all restrictions on exports from Australian meat works, Prime Minister Anthony Albanese said, marking a new milestone in warming relations between the two governments.
Explainer: How China could retaliate against new US chip curbs
Washington’s new curbs on China’s semiconductor industry are fanning fears that Beijing could strike back, as trade tensions between the two largest economies intensify.
Sanofi to Invest $1.05 Billion in New Insulin Manufacturing Base in China
Sanofi plans to spend about $1.05 billion building a new insulin manufacturing base in China, the French company’s largest single investment in the world’s second-largest economy.The French drugmaker …
