Biotech’s DeepSeek moment: Hong Kong investor ORI sees opportunity in China with new fund

Biotech’s DeepSeek moment: Hong Kong investor ORI sees opportunity in China with new fund

Hong Kong-based venture capital firm ORI Capital plans to launch a new fund to invest in Chinese healthcare start-ups, as the domestic biotechnology industry experiences its own “DeepSeek moment”, its founder said in an interview. ORI, established in 2015 with two funds that primarily invest in global biotech start-ups, is in the process of raising…

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Europe has risky reliance on China for low-tech chips, auditors warn – POLITICO

Europe has risky reliance on China for low-tech chips, auditors warn – POLITICO

Europe has some leading companies in the field of less advanced microchips, including Germany’s Infineon, the Dutch NXP and French-Italian STMicroelectronics. These firms cater to the needs of Europe’s powerful car industry. But the auditors wrote that demand in Europe “is currently growing more quickly than EU-based chipmakers can supply it.” In 2024, the EU…

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