It is said that the Hong Kong headquarters building of China Evergrande group is looking for buyers urgently. Potential buyers include two state-owned enterprises in Guangzhou

Beyond Capital: Why Europe Needs Industrial Partners, Not Just Investors

Europe’s reindustrialization is creating new opportunities for Chinese companies. However, the winners will not necessarily be those seeking quick acquisitions or rapid market access. The real opportunities belong to companies capable of embedding themselves into Europe’s industrial ecosystem and supporting the long-term transformation of local industries.

DeepSeek Restarts CNY 50 Billion Funding Round as V4-Flash Tops Global AI Usage Rankings

DeepSeek (深度求索) has reportedly restarted its second funding round, seeking CNY 50 billion at a pre-money valuation of around CNY 500 billion, as the Chinese AI company simultaneously strengthens its position in the global large-language-model market. The financing is expected to be signed in late August, according to Chinese financial media reports.

Alphamab Licenses Cancer Drug to Pathos AI in Deal Worth More Than US$2.2 Billion

Alphamab Oncology (康宁杰瑞生物制药) has licensed the overseas rights to its experimental cancer drug JSKN016 to US-based Pathos AI in a deal potentially worth more than US$2.2 billion, marking another major overseas licensing agreement for China’s rapidly expanding innovative-drug sector.

Insta360 to Open First Japan Flagship Store in Tokyo

Insta360 (影石) will open its first directly operated flagship store in Japan on August 8, 2026, in Tokyo’s Asakusa district. The new location marks another step in the Chinese imaging brand’s expansion from online sales and distributor networks toward direct retail operations in overseas markets.

Dajin Heavy Industry Secures CNY 1 Billion Bulk Carrier Order from Norwegian Shipowner

On August 5, 2026, Dajin Heavy Industry Co., Ltd. (大金重工股份有限公司) announced that its subsidiary, Tangshan Dajin Offshore Marine Engineering Co., Ltd. (唐山大金海工海洋工程有限公司), had signed contracts with a Norwegian shipowner to build two 211,000-deadweight-ton bulk carriers. The contracts are worth approximately CNY 1 billion, with the vessels scheduled for delivery in batches in 2029.