Cainiao REIT advances toward approval in potential Zhejiang first
This move brings it a step closer to becoming Zhejiang’s first warehouse and logistics REIT sponsored by a private enterprise.
Month: May 2026
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Zhejiang leads China IPO rankings with $1 billion raised in Jan-May
Zhejiang’s province-wide total reached 13 listings and 9.94 billion yuan in fundraising during the first five months of the year.
Hangzhou’s ‘296X’ gains traction as investment climbs 15% in Jan-Apr
The initiative, launched in late 2025, forms the centerpiece of Hangzhou’s effort to build new industrial growth engines.
Unitree opens first Asian experience center ahead of IPO review
Across the street sits Apple’s Jing’an store, underscoring Unitree’s ambitions to raise its profile among mainstream consumers.
Rokid AI glasses set crowdfunding record on Japan’s Makuake
More than 636 million yen in pledges made Rokid’s AI glasses the highest-grossing crowdfunding project in the 13-year history of the Makuake platform.
Hangzhou pilot base to spur AI use across culture and tourism
Authorities described the facility as a “super AI laboratory” for the sector, intended to shift AI applications from academic research into real-world use cases across tourism, museums and cultural production.
Geely to offer free World Cup airport pickup for owners in Mexico
The company’s Mexican subsidiary will deploy dedicated vehicles and establish pickup points at major airports, including Mexico City, throughout the tournament period.
Alibaba signs UEFA AI deal through 2033 to power soccer competitions
The agreement covers the UEFA Champions League, Europa League and Conference League from the 2027/28 season through 2032/33, as well as UEFA Euro 2028.
Zhejiang opens first testing center for embodied AI robots to fill quality gaps
The facility fills a regional gap in testing capabilities for full robot systems and key components, authorities said.
Memory chip designer Zentel rides DRAM waves, files for Hong Kong IPO
The filing came one day after leading domestic DRAM producer Changxin Memory Technologies cleared a key listing hurdle in Shanghai.