Just as investor enthusiasm for AI cools, StepFun secures major funding, following Moonshot and listed peers.

The deal hands Anta control of Puma, while also tying it to the German sportswear brand’s ongoing turnaround.

The Nasdaq-listed company’s shares fell on concerns about commission revenue.

Overseas acquisitions are lifting the sportswear group’s profile, but competition in China is tightening.

The raise underscores consolidation taking shape across China’s AI sector.

The funding will support continued investment in chips designed to improve inference efficiency at scale.

The move aims to stabilize investor sentiment amid a broader correction in China’s collectibles market.

Mainland issuers and policy tailwinds helped HKEX eclipse Nasdaq and NYSE for the first time in years.

The Beijing-based startup is set for a valuation increase as investor interest in Chinese AI companies strengthens.

HKEX saw a rush at year’s end as 13 companies listed on the exchange in the final weeks of 2025.

Once a market favorite, the Yunnan-based teahouse chain faces intensifying competition in China even as its overseas business strengthens.

Despite headwinds at home, Didi’s growing presence in Latin America, including Brazil and Mexico, continues to drive its performance.

Once the dominant name in China’s AC market, Gree is feeling pressure as rivals like Xiaomi close the gap.

Unlike Alibaba, Tencent is scaling back capital outlays even as it reports strong earnings.

New supply deals and products signal the LiDAR leader’s expansion beyond sensors into embodied intelligence.

Amid record earnings, the company is boosting shareholder returns through RMB 499 million in dividends and share repurchases.

A sharp profit rise and booming Labubu sales weren’t enough to spark a rally in the company’s share price.

Deliveries declined and earnings dipped in Q2, even as Tesla kicked off its first paid driverless service in Austin.

Nvidia’s data center revenue surged 73%, but new export restrictions triggered a USD 4.5 billion writedown.

Kuaishou’s investment in Kling AI and broader AI integration across its platform drove momentum that helped deliver its first-ever overseas profit.

The JD.com subsidiary plans to use proceeds to expand its global infrastructure network as revenue rises and losses narrow.

Wook’s revenue topped RMB 1 billion in 2024 as it expands beyond Indonesia across Southeast Asia.

After building a robust chip stack, the Alibaba subsidiary is ready to test investor appetite in a red-hot market.

The ODM plans to deploy IPO proceeds to parlay its capabilities into emerging categories, including smart glasses.

The Hunan-based snack retailer aims to raise up to USD 500 million as Hong Kong’s IPO pipeline picks up speed.

After gaining momentum overseas, the company is seeking to persuade investors ahead of a potential Hong Kong listing.

The Chinese chipmaker has built a vertically integrated GPGPU ecosystem, and now seeks new capital to scale it.

The firm’s valuation appears stretched, with investor enthusiasm outpacing its underlying financials.

With half its sales still tied to Miniso, the toy maker now faces the challenge of proving it can stand on its own.

The listing, if it moves forward, would test investor appetite for regulated digital asset firms.