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ChiNext tech stocks soar 200%; XYZ Robotics raises $20 million

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Good morning, Here’s Tuesday's Asia AI News! As expected, Monday was an eventful day on ChiNext, Shen
 
August 25 · Issue #291 · View online
Asia AI News
Good morning,
Here’s Tuesday’s Asia AI News!
As expected, Monday was an eventful day on ChiNext, Shenzen’s Nasdaq-style start-up board. In total, 18 companies debuted on ChiNext, as the first round of listings under a new U.S.-style IPO system
By lunchtime the debut tech IPO stocks had risen an average of 158 percent and by market close the average was more than 200 percent. Reportedly, medical equipment manufacturer Contec Medical Systems soared more than 1000 percent.
Scroll down for media reports on ChiNext, XYZ Robotics $20 million funding round, more commentary on Huawei’s future prospects, plus how astronomers are using deep learning to discover new galaxies.
Stay safe and have a great day!
/Carrington

ChiNext
18 Chinese tech stocks soar 200% as a major market relaxes its IPO rules 18 Chinese tech stocks soar 200% as a major market relaxes its IPO rules
Newly-listed ChiNext shares surge in historic reform
Registration-based IPOs debut on ChiNext
Turnover of ‘new third board’ tops 83bn yuan
Startup News
XYZ Robotics raises $20 million XYZ Robotics raises $20 million
China launches AI 'companions' to the public
AI Policy
National AI strategy to benefit the less-privileged
Smart Cities
Singapore continues its drive to build a pool of smart city innovators
Agriculture
AI, blockchain, IoT powered e-marketplace for farmers
Geopolitics
Huawei endgame? Huawei endgame?
Huawei finds itself in the eye of the US-China tech storm
Astronomy
AI classifies galaxies using Subaru Telescope images
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About Carrington Malin
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