After 6 Years of Losses Totaling 3.8 Billion, Cambricon’s Market Cap Breaks the Trillion Mark; the STAR Market’s First Trillion-Yuan Stock Is Born
During early trading on June 30, Cambricon (688256.SH), the leading A-share company in computing power chips, surged by more than 8%, with its share price breaking through the 1,600 yuan mark in one fell swoop and reaching an intraday high of 1,620 yuan per share. its total market capitalization officially surpassed 10000亿元, making it the first individual stock in the history of the STAR Market to reach a market capitalization of over one trillion...
Yingmu Technology: How a Group of Gen Zers Is Using 3D Large Models to Tap into a 10-Billion-Yuan Market
On June 23, 2026, Hyper3D, a 3D generative AI company, announced the completion of a new round of financing worth several hundred million yuan, jointly led by Cathay Capital and Shanghai SDIC Pioneer. Existing investors, including Sequoia China, Meituan Dragon Ball, ByteDance, and BlueRun Ventures, continued to participate in the round. LightSource Capital served as the exclusive...
Haiqing Zhiyuan: Thirteen Years of Hard Work by Two Security Industry Veterans Finally Makes It the ”First Physical AI Stock on the Hong Kong Stock Exchange”
On June 22, 2026, the bell rang at the Hong Kong Stock Exchange. With an offering price of 7.2 Hong Kong dollars, the stock opened at 29 Hong Kong dollars—a 302.781% increase. TP4T—a Shenzhen-based company that, over the course of more than a decade, has become the nation’s leader in "light invisible to the human eye." I. Founding: Two Start-ups, Each More Ambitious Than the Last — Haiqing Zhiyuan...
A Brilliant Vision: The Rapid Rise from a Tsinghua Lab to a ”Unicorn” in Physical AGI
3.5 billion raised in 3 months, valuation surpasses 10 billion, "China’s Answer" in the Global Modeling Sector Emerges On June 15, 2026, Jijia Vision secured an additional 1 billion yuan in Series B2 funding. Investors included Singapore’s Lion City Capital, the China-Belgium Fund, CDB Capital, Wanxiang Qianchao, and other top global state-backed funds...
Yanyu Technology: Building an AI Content Empire with $300 Million
On June 18, 2026, a bombshell hit China’s AI application layer. Evoken announced the completion of a Series B+ funding round of nearly $300 million, bringing its post-investment valuation to over $2 billion—one of the largest single funding rounds in China’s AI application layer to date. Granite A...
First Look at the AI-Powered Alipay! The Biggest Redesign in 20 Years—The Home Page Is Gone
Swipe right, and Alipay has been transformed. Today, this nation-wide app launched its AI version, streamlining the interface to just two main sections: the “Abao” chat assistant and the “Assets” ledger. This marks its most radical self-reinvention in nearly 20 years. The AI version of Alipay is currently in closed beta testing. Users who have been granted access to the beta...
Codex’s big sale is coming—this official guide will walk you through how to make the most of your budget
Recently, Codex has been receiving rave reviews on social media. Some users have discovered that inviting a friend to join Codex resets the rate limit. Even if the invited user isn’t a new user or subscriber, as long as they open Codex via the link and...
The History of the Internet in China: From a Single Email to the Smart Era
Introduction: Inside and Outside the Great Wall—A small building nestled among trees in Compound No. 10, Chedaogou, Haidian District, Beijing, is home to the China Ordnance Industry Computer Application Technology Research Institute. On September 14, 1987, an email was sent from here across the Pacific Ocean to Geneva, Switzerland. It contained just one sentence: "Acro...".
Behind Lovable’s Valuation Doubling to $12 Billion in Six Months: ”Atmosphere Programming” Is Killing Traditional Software Development
According to a report by Forbes today, Swedish AI programming startup Lovable is in talks for a new round of funding, targeting a valuation as high as $12 billion—nearly double its $6.6 billion valuation from last December. This means that the company, which was founded just three years ago, is growing at a pace that would leave even Silicon Valley breathless...
Coralogix: From Israeli Military Intelligence to $10 Billion Unicorn, the Invisible King of the AI O&M Circuit
Last night, Israeli AI software monitoring unicorn Coralogix completed $200 million (about RMB 1.35 billion) in Series F financing, with a post-investment valuation of $1.6 billion (about RMB 10.8 billion). The round of financing amount will be mainly used for AI intelligent body capability research and development, telemetry data technology set...