For months, the island – regarded by China as its own territory – has been unable to purchase doses of the Pfizer/BioNTech jab, and leaders have declared “Chinese intervention” is at the root of the…
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China bets on AI weather forecasting as extreme weather intensifies
By Casey Hall and Chenxi Yang SHANGHAI, Aug 11 (Reuters) – As meteorologists tracked Typhoon Dolphin’s path toward China in recent days, a new generation of artificial intelligence weather models …
Elon Musk says China is ‘awesome’ as Cathie Wood’s Ark expects hurdles but sees Tesla-SpaceX deal coming in 2026
Elon Musk called China “awesome” on Monday as questions over Tesla Inc.’s TSLA operations in the region continued to feature in speculation around a potential merger with Space Exploration …
Explainer – What is Unitree and why are China’s humanoid robot makers racing to list?
By Eduardo Baptista BEIJING, Aug 11 (Reuters) – Chinese robot maker Unitree has priced its Shanghai initial public offering at 150.80 yuan per share, seeking to raise 6.1 billion yuan ($904 million) …
Amkor Technology mulls stake sale in $1.5B China unit amid US expansion – report
Amkor Technology is exploring a potential sale of a stake in its China business, which could value the unit at about $1B to $1.5B, Bloomberg reported, citing people familiar with the matter. The …
China says Long March 7A rocket launch failed after flight anomaly
By Eduardo Baptista BEIJING, Aug 11 (Reuters) – China said a Long March 7A rocket carrying the ChinaSat-4B satellite failed after an in-flight anomaly following liftoff from the Wenchang space launch …
Typhoon Dolphin’s vast storm system pushes inland, threatens central China
XIANGYANG, China, Aug 11 (Reuters) – Typhoon Dolphin churned deeper inland to the central Chinese province of Hubei on Tuesday, prompting the closure of tourist areas and suspension of construction …
Unitree IPO frenzy leaves Chinese retail investors with 1-in-5,500 odds
Robotics company’s US$900 million Star Market listing offers slimmer odds than recent offerings by CXMT, Moore Threads and MetaX While Unitree Robotics’ early backers are poised for a windfall in one …
Torrential rain in the air for Beijing
Beijing is bracing for the expected onset of more than one third of its annual rainfall over 24 hours starting late …
US-China generative AI firms vie for first IPO
Representative AI companies from the United States and China, leading the global AI market, are preparing for initial public offerings (IPOs). In the U.S., OpenAI and Anthropic have already submitted …
Beijing braces for one-third of its annual rainfall over next 24 hours
BEIJING, Aug 11 (Reuters) – The densely populated Chinese capital of Beijing braced for the expected onset of more than one-third of its annual rainfall over 24 hours starting late on Tuesday as …
Unitree IPO 5,526 times subscribed by retail investors
The high level of interest underscores the investor appetite for physical AI companies, one of Beijing’s strategic priorities. Read more at straitstimes.com. Read more at straitstimes.com.
Oversubscribed 8,288 to 1: China’s Hottest IPO Hits ‘Embodied AI’ Boom
Unitree’s IPO was oversubscribed 8,288 times even as AgiBot overtook it to lead China’s embodied AI boom. The next IPO gold rush?
