Mass-hiring plans among China’s tech giants are serving to reinforce an increasingly popular decision among families for their college-bound children to embrace majors related to science and technology. The determination to capitalise on emerging trends, including a greater emphasis on fields related to artificial intelligence (AI), comes as China’s youth-unemployment rate – comprising 16- to…
Once a rising star in China’s AI scene, Manus has since relocated its headquarters to Singapore, quietly stepping out of the mainland spotlight just as Big Tech players from Tencent to ByteDance rush to fill the void. The timing is not coincidental. Manus’ departure didn’t trigger fireworks, but it did mark a turning point. The…
Date and time: Thursday, August 7, 2025 10.30-11.30am (HKT) The webinar will be live-streamed on this page. Bookmark it or add the event to your calendar to stay informed. Submit your questions to the panel and get them answered during the webinar. A fundamental shift challenging Silicon Valley’s dominance is under way, driven by Chinese…
CLN KraneShares Key News Asian equities delivered mixed performance overnight, as Vietnam outperformed on a trade deal, while Taiwan, South Korea, and Thailand all lagged amid the absence of new deals. News broke that Treasury Secretary Scott Bessent will travel to Stockholm to meet his Chinese counterparts, a potential signal of further thawing in US-China…
The sales resumption of Nvidia’s H20 processors and Advanced Micro Devices’ (AMD) MI308 chips in China is expected to ease the anxiety of local artificial intelligence companies, according to analysts. Speaking at the China International Supply Chain Expo in Beijing on Wednesday, Nvidia CEO Jensen Huang said he hoped to introduce more advanced chips to…
MiniMax, the artificial intelligence (AI) start-up backed by two of China’s largest technology conglomerates, has confidentially applied for a Hong Kong initial public offering (IPO), according to people familiar with the matter. China International Capital Corporation and UBS are the sponsors for the listing, according to the sources, who declined to be identified for discussing…
MiniMax, the artificial intelligence (AI) start-up backed by two of China’s largest technology conglomerates, has confidentially applied for a Hong Kong initial public offering (IPO), according to people familiar with the matter. China International Capital Corporation and UBS are the sponsors for the listing, according to the sources, who declined to be identified for discussing…
Hong Kong stocks fell after a government report showed manufacturing in China struggled to expand this month as US tariffs hampered exports, while traders braced for more volatility before a deadline on US trade deals. The Hang Seng Index dropped 0.4 per cent to 24,182.95 at the local noon trading break on Monday, trimming this…
After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China’s technology giants are back in favour and on the front foot, making deals and snapping up assets. At the top of the pile are Alibaba Group and Tencent , two huge players that used to…
CLN KraneShares April Economic Data Release New Home Prices Month over Month -0.12% Used Home Prices MoM -0.41% Property Investment Year-to-Date (YTD) -10.3% versus expectations -10% and March’s -9.9% Residential Property Sales YTD -1.9% versus March’s -0.4% Retail Sales +5.1% versus expectation 5.8% and March’s 5.9% Online Retail Sales +7.7% YTD YoY Industrial Production +6.1%…