Tesla supplier Tuopu Group drives toward secondary HK listing
Its pioneering Tier 0.5 business model allows deeper collaboration with clients throughout the product development cycle, exceeding the traditional Tier 1 framework.
Month: March 2026
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Copper debut loses its shine as Tongshifu tumbles 50% in Hong Kong IPO
Tongshifu’s heavy reliance on copper-based products also leaves earnings sensitive to fluctuations in metal prices.
ZXMoto zooms to WorldSSP double victory on Zhejiang capital boost
The Series A funding was led by Zhejiang Province Venture Capital Group, totaling 90 million yuan ($13 million), giving ZXMoto a post-money valuation of 1.09 billion yuan.
Hangzhou district starts RMB $10B investment push with AI projects at center
The agreements, covering 42 projects across sectors including high-end equipment, life sciences, new energy and advanced materials, mark one of the district’s largest coordinated investment drives to date.
Ant Group seizes control of Hong Kong broker Bright Smart in $360M deal
This announcement concluded a transaction that had taken nearly a year to complete, marking a pivotal expansion of Ant’s financial services footprint beyond mainland China.
Hangzhou launches high-end data labeling hub to power AI training ecosystem
The Hangzhou base will focus on higher-value labeling tasks tied to complex industrial scenarios such as autonomous driving, embodied intelligence, smart healthcare and industrial AI.
Diagens soars 120% in HK debut as medical imaging AI sparks investor frenzy
Diagens is emerging as an outlier in an industry often weighed down by heavy computing costs and long monetization cycles.
AR glasses leader Rokid to receive RMB 180M from optical lens producer Conant
The deal underscores a broader trend of traditional vision-tech players moving from supporting roles into the forefront of the smart glasses sector.
Qwen launches AI ‘tasking’ trial with recharge and ride-hailing experiences
The Yangtzeer’s reporter tested the service, successfully topping up 50 yuan via voice command and receiving 12 yuan in ride-hailing credit.
Lingdong Tech secures Series A+ funding to scale EV thermal control expansion
Thermal management has emerged as a critical battleground in EV competition, directly affecting battery longevity, driving range and operational safety.