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Latest news and trends about tech in China
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News
DeepSeek reportedly hires CITIC Securities for Shanghai STAR Market IPO · TechNode
4+ day, 51+ min ago (127+ words) DeepSeek reportedly hires CITIC Securities for Shanghai STAR Market IPO TechNode Chinese AI startup DeepSeek has hired CITIC Securities to prepare for an initial public offering on Shanghai’s STAR Market, Reuters reported Wednesday, citing two people familiar with the matter....
Douyin overtakes WeChat in average time spent per user for the first time · TechNode
4+ day, 4+ hour ago (136+ words) Douyin overtakes WeChat in average time spent per user for the first time TechNode Douyin surpassed WeChat in average time spent per user in July, becoming China’s leading app by that measure for the first time, according to a Nomura…...
Baidu completes dual-primary listing in Hong Kong and Nasdaq · TechNode
1+ week, 5+ day ago (110+ words) Baidu completes dual-primary listing in Hong Kong and Nasdaq TechNode Baidu’s conversion from a secondary listing in Hong Kong to a dual-primary listing on the Hong Kong Stock Exchange and Nasdaq took effect on Sept. 1. The company’s Hong Kong-listed ordinary…...
DapuStor plans Hong Kong listing after first-half revenue jumps 531% · TechNode
2+ week, 4+ day ago (143+ words) DapuStor plans Hong Kong listing after first-half revenue jumps 531% TechNode DapuStor Corporation, a Chinese enterprise SSD and data-center storage maker, said its board has approved a plan to issue H shares and seek a listing on the Hong Kong Stock…...
XPeng’s robotics unit raises over $900m at a $6.3bn valuation · TechNode
2+ week, 5+ day ago (116+ words) XPeng’s robotics unit raises over $900m at a $6.3bn valuation TechNode XPeng said in an announcement that its robotics business has entered share purchase agreements with multiple investors to raise more than $900 million at a post-money valuation above $6.3 billion. The round is…...
NAND maker YMTC’s RMB33 billion Shanghai IPO application accepted · TechNode
2+ week, 6+ day ago (112+ words) NAND maker YMTC’s RMB33 billion Shanghai IPO application accepted TechNode Yangtze Memory Technologies Holdings, China’s NAND flash memory maker, has had its application to list on Shanghai’s STAR Market accepted. The company plans to raise RMB33 billion (US$4.9 billion), which would make…...
SHEIN launches Hong Kong IPO at a valuation of up to US$27 billion · TechNode
2+ week, 6+ day ago (124+ words) SHEIN launches Hong Kong IPO at a valuation of up to US$27 billion TechNode SHEIN has started bookbuilding for its Hong Kong IPO, offering about 280 million Class B shares at HK$47.60 to HK$49.50 each. The offering could raise up to…...
Unitree launches a seven-axis dexterous arm starting at RMB9,900 · TechNode
3+ week, 3+ day ago (133+ words) Unitree launches a seven-axis dexterous arm starting at RMB9,900 TechNode Unitree has launched a bionic seven-axis dexterous arm starting at RMB9,900. The company’s R1 arm has a claimed repeat-positioning accuracy of about 0.1 millimeter, maximum joint speeds of more than 180 degrees per second, a…...
Chery’s AiMOGA Robotics begins IPO preparations as it targets overseas markets · TechNode
3+ week, 3+ day ago (130+ words) Chery’s AiMOGA Robotics begins IPO preparations as it targets overseas markets TechNode Chery’s AiMOGA Robotics has started preparing for a potential standalone IPO and is in discussions over possible listing venues. The company has not announced a timetable or selected…...
Yangtze Memory clears IPO counseling acceptance, moving closer to a Shanghai listing · TechNode
3+ week, 3+ day ago (116+ words) Yangtze Memory clears IPO counseling acceptance, moving closer to a Shanghai listing TechNode Yangtze Memory has completed the IPO counseling acceptance process, clearing a key preparatory milestone for a potential Shanghai listing. The Chinese NAND flash memory maker completed its…...