Day: September 2, 2025

Chinese battery giant CATL has partnered with Alibaba’s fintech arm Ant Group, as well as bike-sharing platform Hellobike, to make autonomous ride-hailing vehicles, according to an announcement published on Monday, placing them in direct competition with early movers such as Waymo and Baidu. Hellobike, which counts Ant as its largest shareholder with a 36% stake,…

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Hong Kong was responsible for nearly half of the green bonds issued in Asia in 2024 and saw a surge in sustainability-related funds, as strong demand from regional mainland governments and start-ups raised the city’s stature as a finance hub for climate-friendly projects, according to a minister. Green bond issuance in Hong Kong last year…

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Chinese tech firm UBTECH Robotics announced Monday that it had signed a $1 billion strategic financing agreement with global investment firm Infini Capital. Under the agreement, Infini Capital’s high-tech fund will provide UBTECH with rapid financing channels by subscribing to newly issued shares and convertible bonds, and by granting cash withdrawal rights. The two parties…

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