Zhongji Innolight (stock code 03308) listed on the Hong Kong Stock Exchange on 30 July. The company priced at HK$980 per share, sold 54.5 million shares and raised HK$53.4 billion; after listing fees of RMB 519 million, net proceeds came to HK$52.89 billion. With a board lot of 50 shares, a single allocation cost nearly … Read more
ByteDance’s AI push just took its most concrete organisational turn yet. On 30 July, according to Phoenix Tech, the company sent an internal memo announcing that its Feishu (Lark) product team and its Doubao model product team will be merged into a new Doubao product unit, led by Doubao head Zhao Qi, with Feishu head … Read more
The Economist sent a reporter to Shantou to cover a hit film. What came back was an autopsy. They are wrong about the patient. The piece (”Bottom of the class”, July 23) declares Shantou the special economic zone that failed, the odd one out among four. GDP per person of 54,000 yuan. Growth of 0.1% … Read more
Industrial embodied intelligence just cleared a practical hurdle. Topstar, a Dongguan-based smart-manufacturing equipment maker, has built a complete industrial data-iteration loop with Wuwen Zhike, a physical-AI data-platform company — letting embodied robots iterate quickly, reuse standardized components and deploy at batch scale. Wuwen Zhike was among the first in the sector to ship a physical-AI … Read more
Hikvision’s 2026 interim report, released this week, offered a clean read on where China’s robotics segment is heading. The surveillance giant posted group revenue of 46.82 billion yuan, up 11.97 percent year on year, with net profit attributable to shareholders of 7.90 billion yuan, up 39.57 percent, and gross margin climbing to 49.97 percent. The … Read more
On July 28, the US Federal Communications Commission updated its “Covered List,” adding foreign-made advanced robotics — humanoids and quadrupeds — and grid-tied power inverters. The stated rationale was familiar: supply-chain vulnerabilities, cyber risk, threats to critical infrastructure. Officially the rule names “foreign-made” equipment. But Reuters, the BBC and Politico all put China in the … Read more
Shenzhen’s Chaowei Dynamics, a full-stack embodied-AI company, has entered a deep partnership with Peking University Medical to bring robots into clinical settings. The two will jointly develop data collection, world models and simulation training for embodied intelligence in medical scenarios — building, in their words, a path from “simulated training” to “scenario validation” to “hospital … Read more
Another robotics company has knocked on the door of the Hong Kong stock exchange. Standard Robots, a Shenzhen-based maker of industrial autonomous mobile robots, has submitted a prospectus for a main-board listing. If it gets through, it would become Hong Kong’s first “industrial embodied-AI” listing. By the numbers, the company is no minnow. According to … Read more
China’s internet giants were always good at reorganizing. In the AI era they’re doing it far more often – because the org chart now routes GPUs, talent, data and billions in capex. Alibaba – drawing the line, again Since late 2024 Alibaba has split, merged and re-layered its AI units repeatedly: Tongyi’s consumer team moved … Read more
China’s embodied AI sector has attracted over RMB 20 billion in collective investment as tech giants and VCs race to back humanoid-robot startups. (Source: Sina Tech) The robots still can’t reliably do the job – but the valuations have already arrived. As of June 2026, eight Chinese embodied-AI companies have crossed a RMB 20 billion … Read more