Staff of China’s Smarine Advisors are splitting up and starting over after founder Eric Wang was detained by Communist Party investigators ... ( read original story ...)
Hesai listing raises $252m in biggest Chinese US IPO since Didi
Hesai’s listing marks a potential comeback of Chinese companies seeking to raise capital in the US Read more at straitstimes.com. ( read original story ...)
Hesai Raises $190 Million in Biggest Chinese US IPO Since Didi
Hesai Group, a developer of sensor technologies used in self-driving cars, has raised $190 million in an initial public offering, the largest by a Chinese issuer in the US market since the crash of ... ( read original story ...)
Chinese state media, AI companies warn of risks in ChatGPT stock frenzy
Chinese state media on Thursday cautioned against risks in chasing ChatGPT-concept stocks, while artificial intelligence (AI) companies urged investors to be rational after their soaring share prices ... ( read original story ...)
Analysis-Brazil central bank autonomy becomes political punching bag for Lula
Brazil's President-elect Luiz Inacio Lula da Silva speaks during the swearing-in ceremony of Aloizio Mercadante as President of the Brazilian National Development Bank (BNDES) in Rio de Janeiro, Brazi ... ( read original story ...)
ChatGPT drives crazy Chinese tech stock runs in Hong Kong, Shanghai as investors chase Zhihu, Baidu and Cloudwalk
Zhihu has risen 55 per cent in Hong Kong this year, while Hanwang Tech and Cloudwalk logged more than 128 per cent gain on mainland exchanges ChatGPT has garnered 30 million view on Chinese ... ( read original story ...)
Kura Sushi to open first China store in Shanghai, eyes Chinese IPO
Japanese chain Kura Sushi will open its first restaurant in China by summer, focusing on Shanghai first and aiming to reach 100 locations in the country over the next 10 years. By continuing to browse ... ( read original story ...)