A US lawmaker plans to propose a bill requiring location tracking for AI chips like Nvidia’s, aiming to stem smuggling into China that violates export controls. The bipartisan push follows reports of ...

Terminus Group reported 2024 revenue of RMB 1.843 billion, up 83.2% YoY, in its updated IPO prospectus, emphasizing a sharpened focus on spatial intelligence. Its industrial digitalization business ...

China’s largest budget snack chain, Mingming Henmang, filed for a Hong Kong IPO after surpassing 14,000 stores nationwide. Formed from a 2023 merger, it generated RMB 555 billion in 2024 sales but ...

Anker Innovations posted RMB 247.1 billion in full-year 2024 revenue, up 41.1% YoY, with net profit at RMB 21.1 billion. In Q1 2025, revenue rose 36.9% to RMB 59.3 billion. R&D spending for 2024 hit ...

Alibaba has released and open-sourced eight new Qwen3 “hybrid inference models.” These include two MoE models—Qwen3-235B-A22B and Qwen3-30B-A3B—and six dense models ranging from Qwen3-32B to ...

Hangzhou-based design firm Manycore has filed for a Hong Kong IPO, aiming to expand its spatial intelligence platform beyond interior design. Known for tools like Kujiale and Coohom, the company ...

Konka Group posted a 141.8% jump in Q1 2025 profit to RMB 258 million, driven by tighter integration of its electronics and semiconductor arms. Advances in micro LED chips, storage controllers, and AI ...

Pop Mart’s overseas revenue rose around 475% YoY in Q1 2025, driven by growth in the Americas and Europe. Demand surged with the release of the Labubu 3.0 series, sparking queues from Los Angeles to ...

Midea Group reported RMB 128.4 billion in Q1 2025 revenue, up 20.6% YoY, with net profit rising 41.1% to RMB 12.75 billion. The growth was driven by B2B momentum and overseas sales, with industrial ...

Singapore-based Co-Axis has secured SGD 1.25 million in catalytic capital from the Richardson Family and Temasek Trust’s Catalytic Capital for Climate and Health (C3H) to co-finance early-stage ...

China’s largest budget snack chain, Mingming Henmang, filed for a Hong Kong IPO after surpassing 14,000 stores nationwide. Formed from a 2023 merger, it generated RMB 555 billion in 2024 sales but ...

Roborock reported RMB 3.4 billion in Q1 2025 revenue, up 86.2% YoY, with net profit reaching RMB 267 million. Growth was driven by a broader product lineup and refined sales mix. Its overseas capacity ...