Theodore Shou, CEO of Yiyi Capital, says the bull run in Chinese markets that began last September is a “multi-year trend.”
Tagged By china
China’s boba tea craze makes another billionaire: Meet Yun’an Wang, whose net worth rose to $1.1 BN in one day
A $233 million Hong Kong IPO on Wednesday rocketed Wang’s net worth to $1.1 billion, according to the Bloomberg Billionaires Index, even as Guming’s shares finished 6.4% below the listing price at …
DeepSeek drives AI adoption by local Chinese governments from Shenzhen to Kunshan
District governments in China are using DeepSeek’s models for a variety of tasks, from proofreading documents to locating lost people.
China’s 2024 coal power construction hits 10-year high, researchers say
China started construction on 94.5 gigawatts of coal-fired power in 2024, the highest volume of new builds since 2015, hampering the country’s transition away from fossil fuels, researchers said in a …
New coal power plant projects in China hit the highest level in nearly 10 years, report says
A new report says China’s power industry began construction on nearly 100 gigawatts of new coal plant capacity last year, the most in nearly a decade.
What does Trump’s push for peace in Ukraine mean for China?
Clarity is beginning to form around Donald Trump’s plans for ending Russia’s war in Ukraine, with his administration appearing to accept some of the Kremlin’s key demands that Ukraine should not join …
DeepSeek gives China’s chipmakers leg up in race for cheaper AI
The rise of DeepSeek’s artificial intelligence (AI) models is seen providing some Chinese chipmakers such as Huawei a better chance to compete in the domestic market against more powerful U.S.
CATL, China’s top EV battery maker, eyes global dominance with US$5 billion Hong Kong IPO
Contemporary Amperex Technology, mainland China’s biggest producer of electric vehicle (EV) batteries, has been shrewd in seizing the opportunity presented by the stock market upswing to tap foreign …
Six Men Charged in $15M Crypto Kidnapping Case
Six men are charged in a $15M crypto kidnapping, with suspects fleeing to China. FBI tracks stolen funds and fugitives.
China hopes new fleet of ‘silver trains’ will encourage its elderly to travel, and spend, more
China will launch a fleet of special “silver trains” specially built for the comfort and safety of elderly people to encourage its rapidly ageing population to travel – and spend – more, as it grapples…
Canada’s 13 Premiers Descend on Washington to Play the China Card on Trade
The leaders of Canada’s provinces and territories took their case against tariffs to Washington on Wednesday, trying to deliver a message that they can help the new administration boost economic growth and compete with China.
CATL, China’s top EV battery maker, eyes global dominance with US$5 billion IPO cash reload
Overseas business made up 31 per cent of CATL’s total sales in the first nine months of 2024, versus 32.7 per cent in 2023, according to exchange filings.
Early ByteDance Backer Halves Funding Goal as Startup Bets Cool
Source Code Capital, among the earliest backers of TikTok owner ByteDance Ltd., is halving its fundraising target to about $150 million due to less-than-expected investor interest, people familiar …
