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Zhejiang-registered Rein Hytec has terminated its IPO guidance process with Guotai Haitong and Orient Securities after eight phases, citing strategic …

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KrASIA

Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

Cheng Zi

Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

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What lies beyond familiar frontiers? Investigate emerging tech—like quantum computing and AI—transforming traditional sectors.

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Qwen’s new ride-hailing feature highlights how difficult it is to build AI that can execute reliably in the real world.

Why ride-hailing is harder for AI than generating text or images

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When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

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Deals in brief: Kitar and PolicyStreet raise funding; Western Union completes Dash acquisition; five China investments, and more

An alias used when humans and machines team up in our newsroom. Articles under this byline may be shaped with the help of AI, but are always vetted by a human before publication.

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KrASIA tracks China’s tech and business stories, alongside key developments across the broader Asia Pacific region.

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Zhejiang-registered Rein Hytec has terminated its IPO guidance process with Guotai Haitong and Orient Securities after eight phases, citing strategic and capital planning considerations.

<a href="/company/tencent">Tencent Cloud</a> will raise prices for <a href="/industry/ai">AI</a> computing, container services, and Elastic MapReduce by 5% from May 9, citing rising hardware costs and surging demand, in line with similar moves by <a href="/company/alibaba">Alibaba Cloud</a> and <a href="/company/baidu">Baidu</a>.

<a href="/company/bytedance">ByteDance</a> has launched Seeduplex, a voice model built on a full-duplex framework, designed to cut error interruptions and enable more natural dialogue with real-time listening and response.

WeChat has begun deleting articles flagged as “non-human automated content” after banning <a href="/industry/ai">AI</a>-generated and scripted publishing, with violations facing content removal and account penalties.

<a href="/company/deepseek">DeepSeek</a> has begun limited testing of its V4 model, introducing fast, expert, and vision modes, signaling a tiered approach combining lightweight and multimodal capabilities.

<a href="/company/minimax">MiniMax</a> has launched MMX-CLI, a command-line tool for <a href="/industry/ai">AI</a> agents that enables native access to its multimodal models and supports automated workflows from content generation to video production.

<a href="/company/byd">BYD</a> has announced it will debut the Sea Lion 08 SUV at this year's Beijing Auto Show, expanding its Ocean series lineup with a new high-end model.

CK Hutchison’s Panama Ports Company has launched arbitration against Maersk, alleging breach of contract over canal port operations, with related claims tied to a broader dispute exceeding USD 2 billion.

<a href="/company/xiaohongshu">Xiaohongshu</a> unveiled its NPL (notes, people, live streaming) commerce framework and said top merchants posted over 2.6-fold GMV growth in 2025, with 39 million users generating daily purchase demand.

GAC Aion has launched the RT Super sedan with battery swapping, priced from RMB 88,800 under a leasing plan, offering up to 650 kilometers of range and 99-second swaps via <a href="/company/catl">CATL</a> stations.

Rokid is said to be considering a Hong Kong IPO filing, following its recent corporate restructuring, while founder Misa Zhu said the changes were not tied to listing plans.

Its operating system is designed to let devices generate and execute code using natural language.

After OpenClaw, this company aims to build “vibe hardware” powered by AI agents

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Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

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Taobao, Alibaba’s consumer-to-consumer marketplace, connects Chinese shoppers with diverse products, from fashion and electronics to everyday essentials.

Taobao

Tmall, Alibaba’s B2C platform, hosts premium brands and official stores, offering authenticated products to Chinese consumers seeking quality goods.

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What sets the bar for convenience? Examine on-demand platforms, subscription models, and personalization transforming consumer expectations.

Consumer Economy

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

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Qianniu sits at the center of the plan, evolving into an agentic AI platform to anchor a new token-based operating model.

Alibaba ties e-commerce growth to AI after latest overhaul

How do we store tomorrow’s power? Evaluate battery R&amp;D, manufacturing progress, and recycling strategies fueling energy independence.

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How is power evolving? Review renewable sources, grid innovations, and efficiency measures driving cleaner, more resilient energy systems.

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Hong Kong

Automotive manufacturers make up a significant share of the company’s customer base.

Qingtao Energy files for Hong Kong IPO after ramping up solid-state battery deliveries

IPO Zaozhidao is a Chinese media outlet that provides timely coverage of IPO developments and related market signals.

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Rein Hytec halts IPO guidance

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After OpenClaw, this company aims to build “vibe hardware” powered by AI agents

Alibaba ties e-commerce growth to AI after latest overhaul

Qingtao Energy files for Hong Kong IPO after ramping up solid-state battery deliveries