Accelerating cross-border integration has opened up new horizons for Hong Kong to work closer with the mainland. Having forged good ties with various authorities over the past few years, Chief Executive John Lee Ka-chiu has further reinforced mainland foundations with a fruitful visit to Zhejiang. A closer relationship with those over the border under the…
Hangzhou’s “Six Little Dragons” and other mainland Chinese tech firms could leverage Hong Kong’s financing capabilities and international access to expand overseas amid the US-China trade war, observers have said. Chief Executive John Lee Ka-chiu met representatives from the six start-ups that upended the mainland’s tech scene on the second day of his visit to…
Hangzhou’s “Six Little Dragons” and other mainland Chinese tech firms could leverage Hong Kong’s financing capabilities and international access to expand overseas amid the US-China trade war, observers have said. Chief Executive John Lee Ka-chiu met representatives from the six start-ups that upended the mainland’s tech scene on the second day of his visit to…
A Beijing-based artificial intelligence (AI) solutions provider is preparing to list in Hong Kong and set up its international headquarters in the city, a minister has said, while vowing to attract more creative enterprises that have adopted innovation and technology-based strategies. The announcement from Financial Secretary Paul Chan Mo-po on Sunday confirmed an earlier Post…
A Beijing-based artificial intelligence (AI) solutions provider is preparing to list in Hong Kong and set up its international headquarters in the city, a minister has said, while vowing to attract more creative enterprises that have adopted innovation and technology-based strategies. The announcement from Financial Secretary Paul Chan Mo-po on Sunday confirmed an earlier Post…
A total of 41 new corporate venture capital funds were registered in the coastal province last year, the highest number among those recorded in 18 mainland provinces in the same period, according to the latest data from CYZone Research Centre in China. Zhejiang has been attracting more investments amid the province’s evolution from e-commerce hub…
Alibaba Group’s formerly exiled founder Jack Ma’s appearance at Chinese President Xi Jinping’s recent symposium highlights Beijing’s determination to use innovative technologies to maintain its economic growth. After forcing Alibaba’s Ant Group to scrap its initial public offering in Hong Kong in November 2020, Beijing spent a year and a half tightening regulations in the…
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…
Hangzhou currently has the potential to emerge as the next Silicon Valley of China, based on the flurry of startups that are opening up in this city. The region is now commonly known as the next tech hub of China, especially due to the presence of the ‘Six Little Dragons‘, which are the top six…
Hangzhou, the capital of China’s southeastern Zhejiang province, is rapidly gaining recognition as a leading technology hub in the country with the rise of local start-ups known as the “Six Little Dragons”. Among the hottest of the start-ups right now is DeepSeek, which captured global attention this year for its cost-efficient artificial intelligence (AI) models….