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  • 2026
  • April
  • 14

Day: April 14, 2026

  • Deals
  • News

Manycore IPO draws over 1,000x demand ahead of Hong Kong debut

admin2026-04-142026-04-1402 mins

The Hangzhou-based company’s public tranche was oversubscribed about 1,071 times, with total margin financing and subscriptions reaching HK$131.2 billion ($16.75 billion).

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  • News
  • Startups

AI model developer Shengshu partners Alibaba Cloud to expand video tools

admin2026-04-142026-04-1402 mins

The collaboration spans the full AI stack, including data processing, model training, inference acceleration and application deployment.

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  • News
  • Research

Zhejiang University study finds path to non-addictive pain relief drug

admin2026-04-142026-04-1403 mins

Cannabinoid compounds are known to be effective in treating conditions such as chronic pain, anxiety and epilepsy, but their clinical use has been constrained by risks of addiction and other side effects.

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  • Heavy Hitters
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Geely posts 937,000-unit Q1 sales as EV share tops 50% amid tech push

admin2026-04-142026-04-1402 mins

The results come as Geely marks its 40th anniversary and advances its long-term “One Geely” strategy outlined in the 2024 “Taizhou Declaration.”

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  • Heavy Hitters
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Qwen adds excel-generating agent to expand AI workflow tools

admin2026-04-142026-04-1403 mins

The rollout addresses a common limitation in existing AI assistants, which often output tables in text form or require pre-set templates, leaving users to manually transfer results into spreadsheet software.

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  • Heavy Hitters
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Geely unveils new hybrid system with ultra-low fuel consumption targets

admin2026-04-142026-04-1403 mins

Conventional gasoline engines typically operate at around 30%–35% thermal efficiency, while leading hybrid systems from Toyota and peers reach about 40%–41%.

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Recent News

  • Qwen expands travel push with 100-plus partners ahead of May holiday
  • Alibaba opens Qwen to third-party services, starting with airline
  • Fortune 500 education arm becomes Zhejiang’s first EdTech unicorn
  • Hangzhou adds 8 unicorns, tightening grip on Zhejiang’s startup landscape
  • Zhejiang unicorn ranks swell to 58 as AI, chips drive next wave

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