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?
Tagged By beijing
100 days to APEC: Shenzhen’s green choices applauded
Decades ago, Shenzhen made an unusual planning choice to protect the mangroves in the city’s Futian District, shifting a planned coastal road 260 meters north. The move was meant to protect the …
How technology boosts Beijing’s air pollution governance
Beijing’s blue skies have become a visible sign of the city’s progress in tackling air pollution, and behind that progress, digital technologies are playing an increasingly important role. In 2025, …
CNBC’s The China Connection newsletter: ‘Spider-Man’ and ‘The Odyssey’ come courting the massive filmgoer market
More American movie stars have appeared in China this year, reflecting Hollywood’s market interests amid political tensions.
China exports its economic problems to the world
An electric tricycle factory in China’s eastern Shandong province on July 30. (-/AFP/Getty Images) China’s economy is structurally weaker than it appears and overly dependent on government-subsidized exports. On the surface, China is on track…
Yum China completes $1.2bn acquisition of Pizza Hut brand in China
Yum China Holdings has finalised the purchase of the Pizza Hut brand rights in Mainland China from Yum! Brands in a deal valued at $1.2bn. First announced in June, the transaction transfers ownership …
What we know about China’s moon-landing plans and why the US is so worried
China’s space program is having a landmark year, and clues to which nation is pulling ahead in the new moon race may be emerging.
General Motors says it’s extending its China partnership for 20 years
General Motors is renewing its SAIC Motor joint venture in China for 20 years, the company said late Aug. 4, inking the deal a year ahead of schedule and after the costly restructuring of its…
Typhoon Dolphin makes landfall in China, more than 1 million evacuated
Typhoon Dolphin made landfall on China’s eastern coast. It is the most powerful tropical cyclone to hit China this year.
Unitree’s Shanghai IPO more than 8,000 times oversubscribed by retail investors
BEIJING/SHANGHAI, Aug 10 (Reuters) – Chinese robot maker Unitree said on Monday its $900 million Shanghai initial public offering was more than 8,000 times oversubscribed by retail investors, …
Beijing-obligated automaker seeks Ferrol factory as US delivers Aegis radar
China spy factory near NATO naval base: Spain’s intelligence service and Defense Ministry have formally classified a Chinese state automaker’s planned Ferrol factory as an espionage threat to the …
Countdown to summit as Shenzhen, Apec boost ties
Shenzhen on Monday marked the 100-day countdown to the 2026 Apec Economic Leaders’ Meeting. In the first half of …
Trump’s China Gambit Puts Standard Chartered’s $500K Bitcoin Thesis Back in Focus
At a White House event on July 6, President Donald Trump reframed his support for Bitcoin in explicitly geopolitical terms, arguing that ceding ground in digital assets would hand China a strategic …