China
Neolix raises nearly $400M Series E led by Boyu
Chinese autonomous-delivery company Neolix has raised nearly $400 million in a Boyu Capital-led Series E to support global expansion.
METiS TechBio signs $1.1B AI drug-delivery deal with Eli Lilly
METiS TechBio and Eli Lilly will develop tissue-targeted RNA delivery systems in a collaboration carrying up to about $1.1 billion in milestones.
China Mobile Hong Kong validates first U6GHz network in city
China Mobile Hong Kong completed testing of a U6GHz mobile network at its Mong Kok flagship store, using spectrum acquired in Hong Kong's 2024 auction.
China proposes export controls on 23 AI technologies
China proposes adding 23 AI technologies to its export-control catalogue and has begun temporary registration for covered transfers.
Hong Kong launches embodied AI hub for real-world robot testing
HKPC and FLAIR have launched Hong Kong's first embodied AI applications hub for real-world robot training, validation and deployment.
Chinese robotics firm Microintelligence clears HKEX hearing
Chinese industrial robotics developer Changzhou Microintelligence has passed a Hong Kong Stock Exchange listing hearing, advancing its proposed IPO.
TCGX closes $600M fund to invest in Asian biotech
TCGX has closed an oversubscribed $600 million fund to invest across stages in Asia-based biotechnology companies and is opening Hong Kong and Shanghai offices.
[HK Special Report] HKSTP CEO Terry Wong on Hong Kong’s next tech chapter: scale, commercialization & global growth
In an interview with TNGlobal, HKSTP CEO Terry Wong discussed Hong Kong’s evolution as an innovation hub, its role within the Greater Bay Area, and where the city can carve out an advantage in AI and deep technology. He also told TNGlobal what needs to change in funding and commercialization to help more startups move from laboratory breakthroughs to global…
Manus parent Butterfly Effect raises more than $500 million after Meta exit
Butterfly Effect, the parent of Singapore-headquartered AI agent startup Manus, has raised more than $500 million after unwinding its Meta acquisition.
[HK Special Report] Alibaba HK Entrepreneurs Fund sees ‘significant’ opportunities at the intersection of tech, industry & international markets
In a recent interview with TNGlobal, AEF Executive Director and Chief Executive Officer Cindy Chow discussed how the fund's investment strategy has evolved over the past decade, what it looks for in founders and why it believes Hong Kong’s role could extend beyond being a gateway to becoming a launchpad for Asian companies going global.
