China’s Moonshot AI aims for US$50b round as year-end Hong Kong IPO targeted: sources

Chinese unicorn Moonshot AI has started and is expected to close its latest financing round by the end of this month, as it dismantles its offshore structure to pave the way for a potential Hong Kong initial public offering (IPO) as early as the end of the year, according to two sources familiar with the matter. The company was expected to raise capital at a valuation of up to US$50 billion in this latest round, one of the sources said. The South China Morning Post, citing sources, reported last

China’s Moonshot AI aims for US$50b round as year-end Hong Kong IPO targeted: sources

Chinese unicorn Moonshot AI has started and is expected to close its latest financing round by the end of this month, as it dismantles its offshore structure to pave the way for a potential Hong Kong initial public offering (IPO) as early as the end of the year, according to two sources familiar with the matter. The company was expected to raise capital at a valuation of up to US$50 billion in this latest round, one of the sources said. The South China Morning Post, citing sources, reported last

China’s X Square Robot submits confidential filing for Hong Kong IPO, sources say

Chinese start-up X Square Robot has filed confidentially for an initial public offering (IPO) in Hong Kong, according to two sources familiar with the matter, joining a growing wave of domestic robot makers flocking to capital markets, despite new US trade restrictions. The Shenzhen-based firm has tapped Huatai Securities and Morgan Stanley as sponsors for the prospective float, one of the sources said. Besides X Square, AgiBot and Galbot have also filed confidentially for Hong Kong IPOs, the...

EBID and Coris Holding sign €80 Million financing agreement to strengthen food, energy and agricultural value chains in West Africa

From dialogue to delivery: ASIS 2026 advances financing for Africa's sustainable future

New Ethereum proposal would cut issuance to zero if staked ETH reaches $112 billion

The EIP-8361 draft proposal calls for burning a rising share of validator rewards as the staking ratio climbs.

Europe’s wildfires became so intense they created their own storm

Historic wildfires scorched huge areas of Spain and France, with one Spanish blaze burning an area about the size of New York City and a French fire generating a rare, towering fire cloud. A dangerous combination of lush winter growth, severe heat, drought, and strong winds helped turn the landscape into explosive fuel.

"You stole, please return some." Coldcard hacker's wallet becomes a graffiti wall of pleas and hustles

A wallet holding $36 million in stolen bitcoin has become an unlikely public message board, as hack victims and opportunists pay to leave permanent notes for the thief.

Stanford scientists discover immune cells that explode like microscopic bombs

Stanford researchers discovered immune cells in flatworms that explode within minutes, killing nearby bacteria and foreign cells before vanishing completely. Their unusually fast and localized attack could offer clues for developing targeted treatments against infections and cancer.

Bitcoin flat at $64,000 as stocks print records and Hormuz deal nears

BTC held near $64,000 as MSCI's world index set another peak and Brent fell toward a Hormuz deal. Ether is the only major down on the week.