Archive for China Money AI

Ant Group Faces Challenges In Restructuring To Meet Regulatory Requirements

Since the IPO of Ant Group was suspended and Ant’s controller Jack Ma disappeared from public view for more than two months, how the Ant Group will restructure itself to meet tightened new regulatory requirements remains a mystery. On January 15, Chen Yulu, deputy governor of China’s central bank, stated at a press conference that […]

Ant Group Faces Challenges In Restructuring To Meet Regulatory Requirements comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

Ant Group Faces Challenges In Restructuring To Meet Regulatory Requirements

Since the IPO of Ant Group was suspended and Ant’s controller Jack Ma disappeared from public view for more than two months, how the Ant Group will restructure itself to meet tightened new regulatory requirements remains a mystery. On January 15, Chen Yulu, deputy governor of China’s central bank, stated at a press conference that […]

Ant Group Faces Challenges In Restructuring To Meet Regulatory Requirements comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

China Tech Digest: China Makes Breakthroughs In UAV Quantum Networking

China has become the world’s largest online retail market for 8 consecutive years According to the Ministry of Commerce, in 2020, the online retail sales of physical goods will reach RMB9.8 trillion yuan, an increase of 14.8% against the trend, accounting for 24.9% of the total retail sales of consumer goods. China has become the […]

China Tech Digest: China Makes Breakthroughs In UAV Quantum Networking comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

Chinese UWB Chips Startup Raises RMB100 Million

Chinese chip design company New Radio Tech has completed a Pre-A round of nearly RMB100 million yuan of financing at the end of 2020. This round of financing is led by E-Town Capital, with Zhongke Technology (CSCT), Everest VC, Silicon X Capital, and Shouzheng Capital also participating. New Radio Tech was established in 2016, focusing […]

Chinese UWB Chips Startup Raises RMB100 Million comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

Service Robot Startup Yunji Secures Series C Led By Qiming

Yunji Technology, a hotel and service robot company, announced the completion of a series C financing led by Qiming Venture Capital. The specific financing amount was not disclosed. CITIC Securities Investment and existing shareholders Tencent, Boiling Point Capital, Lenovo Ventures, and Lanting Capital continued to back the startup. So far, Yunji Technology has completed two […]

Service Robot Startup Yunji Secures Series C Led By Qiming comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

China Tech Digest: China To Be First Economy Returning To Pre-Pandemic Growth

Morgan Stanley: China is to become the first economy to return to pre-pandemic growth trajectory As the world’s first important economy to emerge from the shadow of the pandemic, China’s performance in 2021 is critical to global recovery. Xing Ziqiang, chief economist of Morgan Stanley China, believes that China’s economy is expected to continue to […]

China Tech Digest: China To Be First Economy Returning To Pre-Pandemic Growth comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

The Ball Of De-Americanization Starts Rolling As China Seeks Secure Supply Chains

There were 413 equity investment cases in the domestic semiconductor industry in 2020, with an investment amount of more than RMB140 billion yuan, which is nearly five times as much as the investment of about RMB30 billion yuan recorded in 2019, according to statistics released by WINSOUL CAPITAL. This is also the year when Chinese […]

The Ball Of De-Americanization Starts Rolling As China Seeks Secure Supply Chains comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

China Tech Digest: Ant Group Sets Up Restructuring Work Group

Chinese official said Ant Group has set up a restructuring work group Chen Yulu, deputy governor of the Chinese central bank, said at a press conference of the State Council Information Office today that under the guidance of the financial management department, Ant Group has established a restructuring work group and is stepping up to […]

China Tech Digest: Ant Group Sets Up Restructuring Work Group comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

Quantum Precision Measuring Startup CIQTEK Secures Round From Hillhouse

Quantum precision measuring instrument company CIQTEK has completed a series B financing worth several hundred million yuan. Hillhouse Ventures led the investment. Cowin Capital, Cornerstone Capital, China Merchants Securities also participated. This round of financing is used for the research and development of quantum computing and quantum precision measurement technology and the industry application of […]

Quantum Precision Measuring Startup CIQTEK Secures Round From Hillhouse comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.

China Tech Digest: Xiaomi, COMAC Added On US Investment Blacklist

The US government bans 9 Chinese companies including Xiaomi The U.S. Department of Defense under the outgoing Trump administration has named nine Chinese firms to an investment blacklist, including Chinese phone maker Xiaomi and aircraft manufacturer COMAC. The list that Xiaomi and eight other firms have been added to is a list of companies that […]

China Tech Digest: Xiaomi, COMAC Added On US Investment Blacklist comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.