Tesla China president identifies GigaShanghai as key facility for Optimus robot production, revealing plans to scale humanoid manufacturing alongside vehicles. ( read original story ...)
Chinese AI startup StepFun to unwind offshore structure to pave way for IPO
Shanghai-based StepFun, which develops general-purpose foundation models, has decided an onshore corporate structure would be more appropriate as it is heavily backed by state capital.Founded in ... ( read original story ...)
US-Iran war: China stock market falls on Donald Trump’s 50% tariff threat, blockade of Iranian ports; CSI300 dips
China's stock market index Shanghai Composite Index opened flat, declined over 0.39% to 3,971 on Monday, April 13. Here's what we know so far about Trump's tariff threat to China. ( read original story ...)
China’s Oricell raises $110M for carcinoma CAR-T plans ahead of IPO push
Oricell Therapeutics has now raised over $100 million in its final funding round before the Chinese CAR-T therapy biotech seeks to go public. The Shanghai-based company secured backing from the likes ... ( read original story ...)
China stocks rise on easing tensions and strong tech gains
Investor sentiment improved after reports that Iran had begun diplomatic engagement with the US, raising hopes of easing geopolitical tensions. ( read original story ...)
China’s Oricell raises $100M for carcinoma CAR-T plans ahead of IPO push
Oricell Therapeutics has now raised over $100 million in its final funding round before the Chinese CAR-T therapy biotech seeks to go public. The Shanghai-based company secured backing from the likes ... ( read original story ...)
SpaceX has a Chinese rival and it is ahead in race to stock markets
CAS Space follows other Chinese space companies moving to tap domestic capital markets. Privately owned LandSpace, described by Reuters as China’s leading reusable rocket firm, is looking to raise ... ( read original story ...)