** At the close, the Shanghai Composite index was up 0.45% at 3,633.99 points, marking the third straight session of gains, and booking the highest close since December 31, 2021. Meanwhile, the ... ( read original story ...)
Ant Digital Unveils Financial AI Model as China’s LLM Race Reaches Banking Sector
Ant Digital’s financial AI ambitions reflect a broader shift among Chinese tech firms towards domain-specific LLMs. With foundational models reaching diminishing returns in general capabilities, ... ( read original story ...)
Sunwoda Taps Hong Kong IPO for Funding to Survive China’s Brutal EV Battery Price War
One such player hoping to survive the shakeout is Sunwoda Electronic Co. Ltd., which aims to tap global investors for cash with a planned IPO. Last week the company filed a preliminary prospectus for ... ( read original story ...)
China’s BrainCo Seeks Pre-IPO Funding at $1.3 Billion Valuation
AsianFin -- BrainCo, a Chinese brain-computer interface (BCI) startup aiming to rival Elon Musk’s Neuralink, is in talks to raise about $100 million in pre-IPO funding at a valuation exceeding $1.3 ... ( read original story ...)
Shanghai Stock Market Falls After Quake – TheStreet
In China, the Shanghai Composite Index fell 67 points, or 1.8%, to 3560.24, while in Hong Kong, the Hang Seng climbed 490 points, or 2%, to 25,552.77. ( read original story ...)
Shanghai’s Own Stock Market Rules – Seeking Alpha
The Shanghai stock market is once again waiting for the Mandarins. This time, investors are waiting for the government to intervene to prop up a falling market. ( read original story ...)
2Stumbling Transsion Reportedly Weighing A Dual Listing In Hong Kong – But Is…
Like CATL, Transsion was a strong growth story at the time of its Shanghai listing in 2019, banking on its domination of an African market neglected by many of its peers. The company's stock is ... ( read original story ...)