Zhejiang launches state asset fund to unlock capital for emerging sectors
Officials described the initiative as a closed-loop model linking dormant assets, recovered funds and new productive investment.
Month: June 2026
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Geely to streamline group structure, consolidate entities, chairman says
Li also cautioned against the industry’s growing tendency to compress vehicle development cycles.
Unitree on track for early July IPO after record fast-track approval
Market analysts say it typically takes another two to three weeks from registration approval to listing, placing Unitree’s potential debut in early July.
Qwen turns early World Cup into prediction showcase after back-to-back hits
The tool predicted Mexico’s 2-0 win over South Africa and South Korea’s 2-1 victory over the Czech Republic on opening day.
Seat motor champion Shenghuabo wins second shot at $384 million IPO
The company holds roughly 25%-30% of China’s wiper assembly market and 15%-21% of the global seat motor segment.
Alibaba AI chief reportedly seeks exit 6 days after new research role
The reported departure surfaced just six days after the appointment, prompting speculation about the significance of Alibaba’s latest organizational overhaul.
Huaici completes Series A+ round to expand ceramic chip packaging
Huaici’s long-term development path may resemble that of Japan’s Toto, which has evolved far beyond its origins in bathroom fixtures.
AI infra unicorn Infrawaves prepares HK listing amid cluster boom
According to Frost & Sullivan, Infrawaves ranks as China’s largest independent AI computing cluster provider by 2025 revenue.
Ningbo creates marine economy bureau to lead global ocean push
The move signals Ningbo’s ambition to transition from a manufacturing hub into a leader in high‑end marine industries, advanced maritime services, and ocean‑based innovation.
Xeonova nets $74 million as nuclear fusion boom gathers pace
The company combines FRC technology with tandem magnetic mirrors and electrostatic barriers in an effort to build compact, lower-cost fusion power plants.