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Beijing is weighing plans to send a group of top tech, electric vehicle and aerospace executives to accompany Chinese President Xi Jinping to Washington later this month, as the two sides race to finalise details for the closely watched visit. The South China Morning Post first reported on August 28 that Chinese and US officials were negotiating whether business leaders would join Xiโs delegation to the US. However, details about who might be included have not been previously reported. According...
A handful of home-grown Chinese companies involved in brain computer interfaces (BCIs) are moving towards initial public offerings (IPOs) on onshore markets, taking advantage of the sectorโs status as a new darling of private capital. The trend fits into a broad pattern of hi-tech firms flocking to list on the Shanghai Stock Exchangeโs Nasdaq-style Star Market. Among the BCI hopefuls, Shanghai-based Arfysica Innovation is the latest to register for IPO coaching for a Star Market listing,...
Chinese ride-hailing giant Didi Chuxing will apply to test autonomous vehicles in a Hong Kong urban area this year, a government adviser has revealed, saying trials should eventually expand to cover more new development areas. The announcement followed a visit to Didiโs Beijing headquarters last Wednesday by Secretary for Transport and Logistics Mable Chan and a group of lawmakers. Gary Zhang Xinyu, a member of the Transport Departmentโs working group on promoting autonomous vehicle...