News

Sanhua Intelligent Controls, a major Chinese supplier of refrigeration and air conditioning components, dropped 7% in its Hong Kong trading debut on June 23, despite backing from Jane Street Group, ...
A Pop Mart restock of its popular Labubu collectibles drove down resale prices, fueling speculation about softening demand. The company’s shares fell around 6% on June 17 and dipped again on June 20, ...
From May 13 to June 18, over 60,000 brands on Douyin E-commerce saw YoY sales double during the 618 festival, with more than 2,000 products exceeding RMB 10 million in GMV. Live streams drove around ...
Huawei Cloud unveiled its CloudRobo platform at its developer conference on June 20, reportedly offering embodied AI capabilities built on the Pangu model. The system supports multimodal data ...
Baidu plans to launch its Apollo Go robotaxi service in Singapore and Malaysia as early as this year, seeking local partners for an asset-light model. The service has logged 11 million rides, ...
China-based Unisound is offering 1.561 million shares in a Hong Kong IPO running June 20–25, with shares priced at HKD 165–205 each. Trading is set to begin June 30. The firm develops AI tools for ...
The home audience is cheering the film’s technical feats and box office success for highlighting self-reliance.
China’s largest made-to-order beverage company (and the second largest globally) is set to go public in Hong Kong amid an ambitious global expansion initiative. 6 mins read Chinese tea brands are ...
In media interviews, Trump said that if a sale wasn’t finalized by June 19, he would extend TikTok’s divest-or-ban deadline ...
Coco Robotics, an autonomous vehicle company focused on last-mile logistics, raised USD 80 million from a slate of investors ...
Meta is hiring Daniel Gross and Nat Friedman, key figures behind AI startup Safe Superintelligence and VC firm NFDG. The duo will work with Scale AI’s Alexandr Wang, brought on through a USD 14.3 ...
Google is using YouTube videos to train AI models like Veo 3 and Gemini, but many creators say they were not informed. While YouTube’s terms permit content use, experts warn the practice could ...