11 July 2025

Tech war: Stanford-educated expert leads China’s new semiconductor school with YMTC support

Tech war: Stanford-educated expert leads China’s new semiconductor school with YMTC support

Wuhan University has become the latest institution to join China’s push for self-reliance in semiconductors by establishing the School of Integrated Circuits, led by a scientist educated at Stanford University. Liu Sheng, a member of the Chinese Academy of Sciences who earned a doctorate in mechanical engineering from Stanford in 1992, has been appointed as […]

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China’s state-asset watchdog explores potential role of stablecoins, other digital assets

China’s state-asset watchdog explores potential role of stablecoins, other digital assets

The State-owned Assets Supervision and Administration Commission (SASAC) in Shanghai said SOEs must “maintain a keen awareness of emerging technologies” and strengthen research on digital currencies, according to the agency’s statement on Friday. The statement followed SASAC’s study session on the “development trend and response strategies” of cryptocurrencies and stablecoins held in China’s financial hub,

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Hong Kong stocks head for weekly gain on earnings optimism; Wuxi AppTec rallies

Hong Kong stocks head for weekly gain on earnings optimism; Wuxi AppTec rallies

Hong Kong stocks advanced on Friday, putting the city’s benchmark on track for a weekly gain on expectations for improved earnings in some industries and additional policy support from Beijing to support growth. The Hang Seng Index rose 1.9 per cent to 24,486.49 at the noon break and the Hang Seng Tech Index gained 2.1

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Robot maker AgiBot seeks stake in Shanghai-listed firm in potential back-door listing move

Robot maker AgiBot seeks stake in Shanghai-listed firm in potential back-door listing move

Tencent Holdings-backed AgiBot plans to acquire a controlling stake in a Shanghai-listed company for roughly 2 billion yuan (US$279 million), sparking speculation that the humanoid robot maker could pursue a back-door listing less than three years after it was founded. Agibot, the start-up also known as Zhiyuan Robotics, has offered to buy at least 63.62

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