China tech sector

Advance underscores China’s challenge to established memory chip suppliers

Shanghai Enflame Technology founders become billionaires as investors hungry for AI bets pour money into firm

Embodied intelligence has been identified as a key future industry in the outline of China’s 15th Five-Year Plan

UBS highlights the CSI 500 as an alternative AI bet for investors looking to diversify their exposure

It has been valued at US$50 billion in an ongoing funding round and aims to raise US$3 billion

Such tools are key targets of US efforts to block the country from acquiring top-flight AI chips

Investors and entrepreneurs are seeking front-row seats to what many see as the next tech revolution

Some analysts say China’s listing mechanism distorts prices

This represents a major step towards Beijing’s long-term goal of building a permanent human presence on the moon