A venture capital fund backed by Yangtze Memory Technologies Corp (YMTC), China’s top producer of NAND flash memory, has taken…
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How sell-off at flashy AI-focused US hedge fund is a wake-up call for Chinese investors
Chinese tech investors are hearing warning bells after volatility in US tech stocks forced a fast-rising Wall Street hedge fund…
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Hong Kong steps up to US crypto fund challenge with tokenised fund approval
Hong Kong has approved its first “digitally native” tokenised fund, allowing professional investors to hold direct ownership of the underlying…
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China’s Biren seeks US$900m to fund GPU push and challenge Nvidia amid AI boom
Chinese artificial intelligence chipmaking champion Shanghai Biren Technology is raising HK$7 billion (US$892.5 million) to boost production of its graphics…
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Hong Kong’s US$8 billion wealth fund eyes fintech, aerospace and AI for growth
The Hong Kong Investment Corporation (HKIC) is eyeing investments in fintech, aerospace and artificial intelligence, tapping the city’s strengths and…
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‘Too early to leave the party’: fund managers say AI stock boom still has room to run
The ambitious spending plans of artificial intelligence developers coupled with rapid user adoption indicate the global rally in their stocks…
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Chinese tech firms rush to list in Hong Kong to fund overseas expansion
Some of the mainland firms currently looking to list in the city include China Micro Semicon (Shenzhen), Suzhou Dongshan Precision…
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Hong Kong wealth fund, Beijing AI academy team up to hunt for global AI talent
Hong Kong’s government-owned wealth fund has partnered with one of China’s leading artificial intelligence agencies to attract global talent to…
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Meet Goku, the Chinese quant trading fund with AI ambitions beyond finance
Goku Technologies, a Shanghai-based quantitative trading fund, is expanding its ambitions beyond finance, looking to artificial intelligence (AI) as a…
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Chinese state science fund calls for algorithm research after studying DeepSeek models
The Chinese state foundation in charge of allocating funds for basic research said artificial intelligence (AI) development should not be…
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