Founder Sean Xiang Yuqiu says the fund will invest US$500 million in the AI and robotics sectors over the next three years.
Tagged By finance
Why Independent Bank (INDB) Stock Is Trading Up Today
Shares of regional banking company Independent Bank (NASDAQ:INDB) jumped 3.8% in the afternoon session after a broad market rally fueled by renewed optimism for a Federal Reserve interest rate cut and …
China Financial Services Holdings Announces Discloseable Loan Transaction
An announcement from China Financial Services Holdings Limited ( ($HK:0605) ) is now available. China Financial Services Holdings Limited …
Beijing Turns Up the Heat on Nvidia — Why China’s Chip Crackdown Could Reshape the AI Race
New guidance pressures firms to shun H20 chips, testing Trump’s export gamble and fueling China’s push for homegrown AI tech.
China urged to overhaul its tax system to boost consumption
China’s current value-added tax regime is undermining Beijing’s efforts to rebalance the economy towards consumption, economists argue.
TACO Trump Backs Out of China Tariffs Hours Before Deadline
The president has lived up to his “TACO Trump” nickname by giving China a 90-day extension on increased tariff rates at the 11th hour. Tariffs as high as 145 percent were due to be implemented…
US and China extend trade truce to avoid tariffs hike
The US and China have extended their trade truce for another 90 days, just hours before the world’s two biggest economies were set to raise tariffs on imports of each other’s goods. On Monday, US…
China urged to curb excessive cash burn, not competition, to fight ‘neijuan’
Instant retail has potential to boost domestic demand, but more government policy support needed to end excessive competition, central bank adviser says.
Tariffs Backfire? Trade Truce Extended as China Surges, US Still Imports
Fears about US tariffs hurting China’s economy were overblown. New data show that China posted a record $683.5 billion trade surplus.
China offers interest subsidies for loans to boost consumption
China will offer interest subsidies for businesses in eight consumer service sectors including catering and tourism, in a bid to support services consumption amid a slowing economy.
China Reportedly Bars Nvidia’s H20 Chips In Sensitive Sectors, Jeopardizing US Push for 15% Revenue Cut
China woes continue to abound, with a new report stating that President Xi Jinping’s administration has asked local companies to avoid using the artificial intelligence (AI) stalwart’s China-compliant …
Trump’s trade war with China in 2025
U.S. President Donald Trump has targeted top economic rival China with a cascade of tariff orders on billions of dollars of imported goods aimed at narrowing a wide trade deficit, bringing back lost …
Asia stocks rise as US-China tariff truce supports sentiment
By Jaspreet Kalra SINGAPORE (Reuters) -Asian stocks rose on Tuesday with Japanese equities hitting a record high as the extension of the tariff truce between the U.S. and China boosted sentiment and …
ADVERTISEMENT
