
Chinese caviar king seeks Hong Kong listing after global rise
Roughly one in every three tins of caviar sold worldwide now comes from the Chinese company Xunlong Technology, now in the process of seeking an IPO in Hong Kong.

Roughly one in every three tins of caviar sold worldwide now comes from the Chinese company Xunlong Technology, now in the process of seeking an IPO in Hong Kong.
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Unlike passive interactions that respond only when prompted, the S1 now combines time, location, and environmental cues to provide anticipatory alerts.

The device, named PettiChat, uses an embedded microphone and gyroscope to capture animal sounds and movements.

In the innovation sector, Zhejiang plunged 16.14 billion yuan into 211 science and technology foundation projects, with an investment completion rate of 38.47%.

Beyond the Big Chip Fund, talks reportedly include major internet players such as Alibaba and Tencent, alongside other state-backed investors.

The company has since established contacts with buyers from more than 80 countries and regions and is in talks with partners in dozens of markets over local distribution agreements.

The two companies will work together on robot data collection, embodied AI model training, industrial deployment and core component supply.

The move formalizes the completion of the company’s previously announced angel round rather than a fresh financing deal.

This marks the company’s second financing deal in just over two months, as capital continues flowing into China’s embodied AI sector.

Succession has become an increasingly sensitive issue among China’s family-controlled private companies, particularly in Zhejiang.