Insights

Behind the fashion retailer’s IPO push is a complex 11-year financing history.

Tech ETFs draw record inflows as Beijing pledges market stability.

Its marketplace business is growing quickly in the US, but it faces a long road against established players such as Amazon.

With 2025 revenue of just RMB 1.7 billion, Unitree is commanding a valuation once unthinkable for a Chinese hardware startup.

Wanchen’s asset-light model, rapid turnover, and high leverage keep its equity base small and shareholder returns elevated.

Chinese AI model developers agree on multimodality’s long-term value, but not on when its benefits justify the cost.

Aapico’s chief says Beijing will “win the war.”

The fashion retailer’s LATR system has helped suppliers adjust more quickly to shifts in consumer trends and demand.