
Bilibili Issues Short Trading Suspension Announcement
Today, major Chinese video content platform Bilibili announced at the Hong Kong Stock Exchange that its trading will be temporarily suspended from 9:00 am this morning.
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Today, major Chinese video content platform Bilibili announced at the Hong Kong Stock Exchange that its trading will be temporarily suspended from 9:00 am this morning.
Intelligent automation company Laiye announced Tuesday its completion of round-C financing totaling $160 million, following the latest tranche of $70 million led by HOPU Magnolia.
Xiaohongshu responded today by stating that reports about its latest financing round are not true.
Moore Threads, a Beijing-based GPU company, announced on December 27 that it had received a B Round of financing worth 1.5 billion yuan ($215.5 million).
On the evening of November 17, Voyah, a high-end new energy vehicle brand under Chinese state-owned automobile manufacturer Dongfeng Motor, announced its completion of round-A financing.
Suzhou-based chip design company Yige Technology, also known as EagleChip, announced on August 31 its completion of angel investment totaling 286 million yuan ($41.5 million).
Jiangsu Deep Blue Aerospace Technology Co., Ltd., a high-tech commercial aerospace enterprise providing commercial launch services, on Tuesday completed an A round of financing worth nearly 200 million yuan ($31.5 million).
E-commerce software as a service (SaaS) firm Dianxiaomi announced on Tuesday its completion of C-round financing totaling $100 million.
In last week’s VC news across China, logistics upstart YQNLink bags a whopping $100 million in its latest round, Hong Kong-based investment firm Gaw Capital Partners closes a further $430 million in funds, robotics startup MegaRobo closes a hefty $65 million investment round while Suzhou’s IntoCare Medical rakes in more than $15 million in its Series D fundraising round.
Chinese health technology firm PeroPure has successively completed Pre-A and Pre-A+ rounds of financing, with investment from DCM and ZhenFund, respectively.
Recently, the Shenzhen Development and Reform Commission has solicited opinions from the public on the plan to "accelerate the birth, expansion and prosperity of various market players in Shenzhen".
Knowin, a one-stop trends and lifestyle brand for Gen Z, announced on Thursday the completion of a new round of financing worth several hundred million yuan.