UBS’s upgrade to Hold from Sell reduces near-term downside pressure into 4/22, while the market is already pricing AI/robo-taxi as the valuation driver. The stock’s recent drawdown plus “high ... ( read original story ...)
Lightelligence on track with IPO plans as China’s AI photonics race gathers pace
Shanghai-based company aims to become Hong Kong's first listed AI photonics chipmaker as AI infrastructure buildout drives momentum Silicon photonic computing chips - long overlooked in the artificial ... ( read original story ...)
Chinese AI Startup StepFun to Unwind Offshore Structure to Pave Way for IPO, Sources Say
Chinese AI agent StepFun is unwinding its offshore incorporation structure to pave the way for a planned Hong Kong initial public offering, three sources said, as Beijing tightens scrutiny of a ... ( read original story ...)
Tesla (TSLA) Stock: GigaShanghai Tagged as Future Optimus Robot Manufacturing Hub
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 ...)