Beijing Stock Exchange to Improve the ‘Fast Track’ System for IPO

The newly established stock exchange is another milestone in China’s capital market reform and development. It has entered a steady development stage with more and better plans to serve SMEs.

NIO’s Test Car Causes Two Road Testers Died

A test car of NIO fell from height on June 22, causing two road testers died, and the reason of the accident is still under investigation.

Shebao Announced a Name Change and the Completion of a Series C Round of Funding

Shebao Tech, a digital human resource management service provider, has announced a name change and the completion of a Series C round of funding.

Chinese retailer Miniso to List on HK for USD 100 Mn

Miniso recorded a revenue of CNY 2.34 billion for the first quarter of 2022.

Cloud Service Provider OpenPie Nets Over USD 15 Mn in Strategic Investment

Data computing for new discoveries

Bio-based Materials Manufacturer Mojia Bio Nets USD 80 Mn in Series B Round

For synthetic biology companies, the bottlenecks are controlling the cost and achieving industrialization.

SwaySure Yukio Sakamoto to Break into DRAM Industry

SwaySurewas established in March with CNY 5 billion (USD 745 million) of registered capital and 100% controlled by Shenzhen state-owned assets, according to Chinese state media.

ChangingBio Completes a CNY 140 million Series A Round of Funding

ChangingBio (Chinese: 昌进生物) completed a CNY 140 million Series A round of funding. Bits x Bites led this funding round, followed by Eight Roads Ventures, Sherpa Venture Capital, GL Ventures, Grand Flight Investment, and Country Garden Venture Capital.

IDG-Backed Home Gym Equipment Maker Mitao Bags USD 30 Million From Angel Round

Home gym equipment maker Mitao completed its Angel round worth USD 30 million on June 22, led by IDG. In recent years, a new fitness method with scientific fitness technology as the core and intelligent fitness hardware as the carrier to meet the needs of personalized and efficient fitness has become popular around the world.

RNA Biotech Therorna Bags Over CNY 280 Mn in Series A Financing Round

Therorna, specialized in the development of cutting-edge circular RNA technology-based vaccines and therapies, will accelerate the development of a new broad-spectrum COVID-19 vaccine and other product pipelines with the fresh proceeds.

The ‘Ear Economy’: Examining China’s Online Audio-entertainment Industry

The business of audio is often overlooked. However, NielsenIQ’s report draws attention to this changing and growing industry, with players like LIZHI showing a promising future.

Auto Maker Xpeng to Stop Pre-orders in Europe

The supply chain shortages are impacting on China’s vehicle delivery