The funding will support the Xpeng subsidiary in scaling production of its modular eVTOL vehicle.

Data shows USD 5.4 billion raised in 2025, just a quarter of the 2021 peak.

Petrochemical, tech, and shipping companies are all grappling with the Strait of Hormuz blockage.

A Chinese charging infrastructure company led the latest investment.

A restructuring will see more than half of its employees depart as focus shifts toward Flyme, AI software, and automotive systems.

As brands scale into international chains, infrastructure providers such as Sunmi emerge as key enablers.

The video generation platform is expanding globally from Singapore after building early traction with consumer users.

The company is preparing multicenter trials as brain-computer interface technology moves closer to clinical deployment.

Policy changes could encourage emerging consumer brands to list domestically instead of in Hong Kong or overseas.

South Korea, Japan shares lead regional decline as fears of protracted war weigh on markets.