fundraising, STAR, IPO, stock

As China tech stocks surge, a fundraising window opens

Is capital winter over? Huawei, JD, and Luckin are some of the companies whose fundraising is part of the great cash grab of early 2020.

Ant Financial

Ant Financial rumors gather pace as tech IPO fever rolls on

The IPO buzz around big-name tech companies in China hit new heights this week with Ant Financial's rumored dual-listing plan.

Regulators release ride-hailing rule update

China has cut red tape for ride-hailing companies with foreign investment, though analysts said the market is already saturated.

drones transporation urban air mobility flying taxis Ehang uber volocopter Guangzhou

The future of passenger drones is buses, not taxis: Ehang

In its first white paper, Ehang proposes a centralized control center for passenger and cargo drones, similar to a public bus system.

GAC, Nio in talks about investment of up to $150 million

Nio could benefit from significantly reduced supply chain costs as a result of the deal, which GAC said was still in early stages.

Coding classes for kids are everywhere, but they might be in trouble

Companies providing coding classes have raced to expand, hoping after two years of intense development, many have already gone bankrupt.

Shanghai's skyline is seen from The Bund on April 13, 2019. (Image Credit: TechNode/Eugene Tang)

Shanghai unveils five-year fintech hub plan

Shanghai's financial regulator announced a five-year plan to develop a fintech center on par with competitors around the world.

Xiaohongshu shutters offline shops in Shanghai

Social e-commerce platform Xiaohongshu is drawing back on its new retail initiative as adjusts its business following a tumultuous 2019.


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