By Samuel Shen and Yantoultra Ngui SHANGHAI/SINGAPORE, Aug 4 (Reuters) - Chinese robot maker Unitree Technology is expected to be valued at more than 50 billion yuan ($7.4 billion) after its planned ... ( read original story ...)
Shanghai, Hong Kong Gov’t-Backed Investors Launch USD76 Million Sci-Tech Fund to Boost Innovation
Shanghai State-owned Capital Investment is the cornerstone investor of the new fund, while Hong Kong tech firm Yeebo International Holdings is also one of the investors. The Hong Kong government's ... ( read original story ...)
How China’s CXMT listing in Shanghai put a huge dent in the KOSPI
If you’re the type to follow the goings-on of the global AI trade – or you have been listening to the HotCopper Wire podcast – you’re likely aware that Korea’s stock market, the KOSPI index, has been ... ( read original story ...)
China stock traders cut leveraged positions by 14% in July amid tech sell-off
Tech stocks plummeted in July as traders unwound leveraged positions, sparking a drop in margin financing and raising concerns in Beijing. ( read original story ...)
Xi’s Shanghai Tour Offers No Relief for the Housing Crisis
To acknowledge his commitment to resurrecting the property sector, Xi selected for his inspection tour the one district of Shanghai that best symbolizes the role of the CCP to deliver responsible ... ( read original story ...)
Malibu Meets The Bund at Spago Shanghai’s New Weekend Brunch
Drawing inspiration from the relaxed sophistication and sunlit ambiance of California's Malibu coast, Spago Shanghai unveils its all-new summer menu and Malibu-themed weekend brunch. Blending the ... ( read original story ...)
High-altitude variant of China’s C919 jet completes first test flight in Shanghai
Designed to service high-plateau airports, it has shorter fuselage, similar to offerings from Boeing and Airbus China's first high-altitude variant of the C919 narrowbody jet has completed its maiden ... ( read original story ...)