Pateo Connect has filed for a Hong Kong IPO, reporting its revenue jumped by 70.9% last year as its net loss widened The smart cockpit maker's gross margin is slipping amid intense competition and its ... ( read original story ...)
China, Hong Kong stocks rise with regional markets, Beijing support
China and Hong Kong stocks rose on Tuesday, steadying in the wake of stronger regional markets and government-led support after a brutal selloff triggered by concerns over trade tariffs. ( read original story ...)
China sovereign fund steps in to support stocks plunging on trade war
China intervened on Monday to support domestic stocks plunging on U.S. tariff woes, with a sovereign wealth fund increasing its holdings in equities and saying it would defend market stability. ( read original story ...)
Terrifying study reveals AI robots have passed ‘Turing test’ — and are now indistinguishable from humans, scientists say
Artificial intelligence has become so sophisticated that bots are no longer discernable from their human counterparts, per a concerning preprint study conducted by scientists at the University of ... ( read original story ...)
Chaos as China stock market plummets – accuses US of economic bullying
China's economy is sensitive to fears of a global trade war and following recession, causing slumps in the stock market. ( read original story ...)
Six Listed Firms Join Forces to Back Semiconductor Fund Led by Walden High-Tech
AsianFin -- Six publicly listed Chinese companies have announced joint participation in the Shanghai Huake Zhixin Venture Capital Partnership. These include GalaxyCore, SigmaStar, Anyka, 3PEAK, ... ( read original story ...)
Asian stocks see their worst drop in decades after Trump tariffs
Asia's biggest economy, China, has also hit back with its own tariffs, deepening the global stock market turmoil on Friday. All three major US stock indexes in fell by more than 5%, with the S&P 500 ... ( read original story ...)