Keywords: China technology
Chinese robotics company Unitree Technology is expected to reach a valuation of more than 50 billion yuan ($7.4 billion) following its planned initial public offering in Shanghai, according to a report from IPO sponsor Citic Securities shared with institutional investors. The projected valuation highlights......
Chinese electronics manufacturer Luxshare, a key supplier to Apple, raised approximately $3.1 billion in its Hong Kong initial public offering (IPO) on Thursday, despite its shares falling around 3% during their market debut. The listing represents the largest IPO in Hong Kong so far this year, underscoring......
A subsidiary of Tencent Holdings is seeking to raise as much as $1.55 billion by selling part of its stake in Kuaishou Technology, according to a term sheet reviewed by Reuters, in a move that could become one of the largest secondary share offerings in Hong Kong’s technology sector this year. The......
Humanoid robots demonstrated remarkable technological progress by outperforming human runners during a half-marathon held in Beijing, highlighting the rapid evolution of robotics and artificial intelligence. The event, which featured both human participants and robotic competitors running on parallel......
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