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 …
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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 …
DeepSeek AI Price Prediction: DEEPSEEK Plunges 76% As OpenAI Identifies Possible China IP Breach, While This AI Agent Crypto Presale Goes Parabolic
The DeepSeek AI price plunged 76% in the last 24 hours as this new AI agent crypto’s presale goes parabolic and raises over $4.2 million.
Analysis-HSBC’s global brand in the balance as it doubles down on Asia bet
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders and senior Chinese officials that he spoke for all UK businesses present in …
I’ve Negotiated Trade Deals With China. Trump Is Right – We Need Tariffs.
The president has also threatened to impose across-the-board tariffs on Chinese goods. Since higher costs for imports get passed on to consumers, Trump’s tariff threats have sparked concerns of higher …
DeepSeek’s sudden rise is straight out of China’s disruption playbook
DeepSeek threatens to disrupt the AI sector in a similar fashion to the way Chinese companies have already upended industries such as EVs and mining.
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