China
Finance
Shein prices Hong Kong float at a quarter of its 2022 valuation
The number that defines this IPO is not the raise. It is the gap. Shein Global Holdings Limited is pricing its Hong Kong float at up to US$27 billion, a ceiling that sits at less than 28 per cent of the US$98.2 billion valuation it secured in its 2022 private funding round. That is not a haircut.
Technology
Chinese robot runs 100 metres faster than Usain Bolt's world record
The number that matters is 9.32. That is how long it took Honor's two-legged robot Lightning to cover 100 metres at the World Humanoid Robot Games in Beijing, reaching a peak speed of 14.5 metres per second across a preparatory trial run.
Technology
Nvidia's most advanced AI chips are reaching China despite US bans
Under Secretary of Commerce for Industry and Security Jeffrey I. Kessler put a number on the gap between what both governments have officially permitted and what has actually moved.
News
'Dubious pretexts': US rejects China's South China Sea reserve
The label is "nature reserve". The practical effect, Washington says, would be to lock Filipino fishermen off waters their families have worked for generations.
China
China factory PMI drops to 49.2 in first contraction since March
Watch the new-orders line and you know where China's factories are heading before output figures arrive. In July 2026, that line dropped to 48.5, the weakest new-orders reading since 2023, and the headline manufacturing PMI followed it down to 49.2, the first sub-50 reading in five months.
Cybersecurity
DeepSeek AI agent runs autonomous attacks on 460 targets
The attacker's first move was almost invisible: a single message sent over Telegram. What followed was entirely machine-driven.
Technology
Kimi K3 scores 1,679 to lead Arena.ai coding leaderboard
Moonshot AI is calling its new Kimi K3 the world's first open 3T-class model.
Geopolitics
China overtakes US in global favourability, Pew poll finds
China's median global favourability reached 46% in 2026, up from 38% in 2025, while the United States fell to 36% from 48% over the same period. Pew Research Center documented the shift across 36 countries and more than 42,000 respondents, with fieldwork running between 8 February and 13 May 2026.
News
China's June exports jump 27% on AI boom and tariff rush
China's exports rose 27.0% year on year in June 2026 in US dollar terms, blowing past forecasts and marking the fastest monthly expansion in years.