Australian healthcare start-up Heidi plans to open its first North Asia office in Hong Kong this year, aiming to tap…
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Chipmaker CXMT eyes US$42 billion Shanghai listing, sources say
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offering (IPO) in Shanghai as soon as the first…
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China eyes nationwide AI computing network as tech race with US heats up
China is making progress in unifying the country’s scattered data centres into a nationwide computing network to drive artificial intelligence…
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Chinese EV maker Nio eyes US$1.1 billion in proceeds from share placement
In a statement on Wednesday, the Shanghai-based carmaker said 181.8 million new shares would be issued, which would be allocated…
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Exclusive | Justin Sun eyes ‘Swift’ system for virtual asset sector, praises Hong Kong crypto progress
Cryptocurrency entrepreneur Justin Sun says he is trying to establish the Tron blockchain, which he founded and launched in 2018,…
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Apple eyes Douyin Pay for mainland App Store while iPhone 17 ‘leak’ stirs online debate
Apple has started testing Douyin Pay as a new mobile payment service on its China App Store, according to mainland…
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Chinese self-driving firm iMotion eyes robotics business after unveiling refinancing plan
Chinese self-driving system developer iMotion Automotive Technology has taken a step to strengthen its fledgling robotics business with plans to…
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China’s CXMT eyes IPO amid global memory-chip market upswing
CXMT, the parent of Chinese semiconductor firm ChangXin Memory Technologies, has initiated its initial public offering (IPO) process on the…
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China’s top player Empyrean eyes opportunities from US chip curbs on design software
Chinese chip-design software company Empyrean Technology has pledged to become one of the world’s top electronic design automation (EDA) providers,…
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Alibaba, Tencent-backed AI unicorn MiniMax eyes Hong Kong listing, report says
Chinese artificial intelligence (AI) start-up MiniMax, which counts Alibaba Group Holding and Tencent Holdings as investors, is moving towards an…
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