Wired Wednesday is here, and Bay Area tech is still feeling the aftershocks! Now, all eyes are on how U.S. tech companies will bounce back. Axios Business Reporter Nathan Bomey joined Gianna Franco to …
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Commerce Nominee Defends Trump Tariffs and Promises Strong Stance on China
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his financial ties in a nomination hearing …
Trump ponders further restrictions on Nvidia exports to China: report
The Trump Administration is considering further restrictions on Nvidia (NASDAQ:NVDA) exports to China, according to a report by Bloomberg on Wednesday. The updated restrictions would expand to cover …
China enhances position as Central Asia’s economic overlord
By Eurasianet Top Trump Administration officials have set countering China’s growing global influence as a top foreign policy priority. In Central Asia, US officials will face an uphill struggle in …
HSG Laser’s IPO Failure: Blaming Competitors or Facing Internal Challenges?
Guangdong Hongshi Laser Technology Co., Ltd. (HSG Laser) has failed to complete its initial public offering (IPO), marking a significant setback in China’s laser cutting equipment market. In its …
DeepSeek fallout: GOP Sen Josh Hawley seeks to cut off all US-China collaboration on AI development
This week the U.S. tech sector was routed by the Chinese launch of DeepSeek, and Sen. Josh Hawley is putting forth legislation to prevent that from happening again.
China’s Top Car Brands and their Global Sales in 2024
With total automobile sales expected to hit an astonishing figure of 25.8 million in the year 2023, China’s automotive industry has solidified its place …
HSG Laser’s IPO Failure: Misfortune or Self-Inflicted Setback?
Guangdong Hongshi Laser Technology Co., Ltd. (HSG Laser) has failed to complete its initial public offering (IPO), marking a significant setback in China’s laser cutting equipment market. In its …
Pork giant Smithfield’s CEO touts growth outlook, minimizes threats from deportations, bird flu
Smithfield Foods’ CEO Shane Smith says he hopes that everything the company has done to make working in its plants more attractive ever since COVID tore through the industry during the pandemic will …
Ascentage prices first biotech IPO of 2025, raising $126M
The China-based drug developer’s offering will fund testing of medicines for several blood malignancies — one of which is part of an alliance with Takeda.
Exploring Biopharma’s Dealmaking Terrain, Roadmap in China
A surge in biotech startup out-licensing deals from the country are paving the way for increased IPO and M&A activities.
Crypto Mining Stocks Drop For A Second Day Amid China DeepSeek Valuation Concerns
Discover why crypto mining stocks are falling as China’s DeepSeek AI model sparks concerns over the country’s AI market valuation.
High-Flyer, the AI quant fund behind China’s DeepSeek
Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, but in 2023 decided to change track to focus on developing the most …