Chinese start-up Manycore Tech, operator of the world’s largest spatial design platform, has applied for an initial public offering (IPO) in Hong Kong, three years after its attempt to list on the Nasdaq stock exchange lapsed. Manycore’s IPO filing, jointly sponsored by JPMorgan and CCB International, did not provide the amount it intends to raise…
China’s box office records were smashed this week as animated blockbuster Nezha 2 became the highest-grossing film in the country’s history following its January 29 release. Millions around the country flocked to cinemas over the Lunar New Year holiday to watch the latest instalment in the Nezha phenomenon, which is adapted from the epic tale…
The Hangzhou-based company sent shock waves across Wall Street and Silicon Valley for developing AI models at a fraction of the cost compared with OpenAI and Meta Platforms, which prompted US President Donald Trump to call the breakthrough a “wake-up call” and “positive” for America’s tech sector. At home, Chinese tech executives and various commentators…
Chinese-developed mobile apps are increasingly gaining global market share. Think TikTok, Shein, and Temu to name just a few. Last year, the top-grossing apps globally were Chinese-developed, including TikTok, Honor of Kings, Genshin Impact, and PUBG Mobile, earning over US$1 billion in revenue. The growth of Chinese apps overseas is particularly noticeable in the gaming sector. In…
Long before the Chinese smash-hit video game Black Myth: Wukong electrified gamers around the world, sparking new interest in the Buddhist statues and grottoes featured in the game, Katherine Tsiang had already been working for decades on the conservation of such heritage sites and art. A groundbreaking project led by the Chinese-American art researcher involves…