Companies

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

Tech Giants Seal Landmark Hong Kong Office Deal Amidst Booming Real Estate Transactions

Alibaba and its affiliate Ant Group have finalized a significant acquisition of a prime office property in Hong Kong for $925 million. This substantial...

Alibaba’s MAI-UI Emerges as a New Leader in AI GUI Agents, Outperforming Gemini 2.5 Pro

Alibaba's Tongyi Lab has unveiled MAI-UI, a groundbreaking family of foundation GUI agents designed to revolutionize mobile interaction. These agents demonstrate superior performance in...

Alibaba Leverages AI to Challenge Meituan in China’s Local Services Arena

Alibaba Group Holding Ltd. is intensifying its competition with Meituan in China's lucrative local services market by rolling out a new AI-powered tool for...

Anta Sports Weighs Major Acquisition of Puma, Sparking Industry Buzz

Chinese sportswear giant Anta Sports Products is reportedly exploring a potential takeover of German athletic brand Puma. The move, if successful, would represent a...

Meta’s $2 Billion AI Acquisition: Manus Deal Signals Strategic Shift and China Exit

Meta has announced a blockbuster acquisition of AI startup Manus for over $2 billion, a move that underscores the tech giant's aggressive investment in...

Chinese AI Challenger Z.ai Aims for $560M IPO, Taking Aim at OpenAI’s Dominance

Chinese artificial intelligence powerhouse Z.ai has filed for an initial public offering on the Hong Kong Stock Exchange, seeking to raise approximately $560 million....

China’s Rocket Race Heats Up: iSpace Secures Major Funding Amidst Reusable Rocket Advancements

Chinese launch startup iSpace has announced a significant Series D+ funding round of $98 million, bolstering its development of the reusable Hyperbola-3 rocket. This...

Chinese AI Powerhouse MiniMax Aims for $600 Million IPO with Major Backing from Alibaba and Abu Dhabi

Chinese artificial intelligence startup MiniMax is gearing up for a significant initial public offering (IPO) in Hong Kong, aiming to raise over $600 million....

ABB’s Strategic Swedish Robotics Investment: A Reflection of Global Production Shifts

In a recent announcement, ABB, a leading Swiss engineering and technology group, revealed its decision to allocate a sum of $280 million to establish...

The Domino Effect of a Huawei Ban on Deutsche Bahn: Exploring the Economic, Security, and International Relations Implications

I. Introduction Germany's national railway operator, Deutsche Bahn, is confronting a potentially daunting scenario: replacing all components in its infrastructure provided by Chinese tech giant...

China Mobile to Establish Joint Laboratories to Drive Cloud Technology Innovation

China Mobile, one of China's largest telecom companies, has announced plans to accelerate the development of its cloud computing business. Over the past three...

Sonova Partners with Boao Lecheng to Improve Hearing Care in China

Switzerland-based Sonova Holding AG, the world's largest hearing care solutions provider, has announced its plans to expand its development in China as it pays...

Abbott Holds Health Forum to Reinforce Importance of Early Screening

Abbott, a global healthcare leader, has announced the renovation and upgrade of its Customer Experience Center in Shanghai, making it the first of its...

Financial Expert Panel Dispatched to Guizhou by China Cinda Asset Management

China Cinda Asset Management Co, a state-owned distressed asset management company, has sent a team of financial experts to Guizhou province in Southwest China...

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