Shanghai-backed firm helps AI start-up Stepfun raise ‘hundreds of millions of dollars’
Fortera Capital, a private-equity firm under the Shanghai State-owned Capital Investment Co (SSCIC), led Stepfun’s recent series B…
JD.com Beats, CEO Sheds Light On China’s Economy
CLN KraneShares JD.com Earnings Overview E-commerce giant JD.com reported its Q3 financial results after the close in Hong…
Shenzhen to invest US$1.7 billion in economy for flying cars, drones by 2026
China’s southern tech hub of Shenzhen has pledged to invest 12 billion yuan (US$1.7 billion) in infrastructure for…