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 …
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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?
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…
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