The economy has seen a slowdown in new coronavirus cases and businesses are facing life-and-death problems, which has spread to the venture capital sector. This sector consists of a large number of early-stage investment institutions (VCs) and startups, which are generally smaller in size but tend to have higher growth rates. Therefore, in the current situation, how to maintain the survival of these startups has become a priority for various investment institutions. According to a senior indu...

The economy has seen a slowdown in new coronavirus cases and businesses are facing life-and-death problems, which has spread to the venture capital sector. This sector consists of a large number of early-stage investment institutions (VCs) and startups, which are generally smaller in size but tend to have higher growth rates. Therefore, in the current situation, how to maintain the survival of these startups has become a priority for various investment institutions. According to a senior indu...

On May 8, a new force is emerging in the chip industry. ASR, a Shanghai-based manufacturer of chips for use in consumer electronics, has announced that it has completed the last round of financing before the stock reform (D+ round). It lasted only two months, the financing scale reached $119 million, which attracted the participation of a number of well-known domestic and foreign investors. At present, all the funds have reached the account, ASR's post-investment valuation of more than $...

On May 8, a new force is emerging in the chip industry. ASR, a Shanghai-based manufacturer of chips for use in consumer electronics, has announced that it has completed the last round of financing before the stock reform (D+ round). It lasted only two months, the financing scale reached $119 million, which attracted the participation of a number of well-known domestic and foreign investors. At present, all the funds have reached the account, ASR's post-investment valuation of more than $...

On July 6, Sina announced that it had received a preliminary non-binding "privatization" proposal, in which New Wave Holdings (the holding company owned by Sina CEO Cao Guowei) would propose to privatize the company at a price of $41 per share, an approximate 11.8% premium to Sina's closing price on July 2, and that a special committee had been formed to evaluate and consider the proposal. On the news, shares of Sina rose 10.55% and Weibo rose nearly 18%. Sina's move to privatize is...

On July 6, Sina announced that it had received a preliminary non-binding "privatization" proposal, in which New Wave Holdings (the holding company owned by Sina CEO Cao Guowei) would propose to privatize the company at a price of $41 per share, an approximate 11.8% premium to Sina's closing price on July 2, and that a special committee had been formed to evaluate and consider the proposal. On the news, shares of Sina rose 10.55% and Weibo rose nearly 18%. Sina's move to privatize is...

Ant Group (former Ant Financial), an affiliate of Chinese e-commerce giant Alibaba, announced that it has started the process of a dual listing in Hong Kong and Shanghai. According to media reports, its IPO valuation could be as high as $200 billion, which is higher than Meituan, JD.com, and only next to Alibaba and Tencent in Chinese new economy companies. Although no specific listing date has been announced, the news of Ant Group's official listing has been enough to shake the capital ...

Ant Group (former Ant Financial), an affiliate of Chinese e-commerce giant Alibaba, announced that it has started the process of a dual listing in Hong Kong and Shanghai. According to media reports, its IPO valuation could be as high as $200 billion, which is higher than Meituan, JD.com, and only next to Alibaba and Tencent in Chinese new economy companies. Although no specific listing date has been announced, the news of Ant Group's official listing has been enough to shake the capital ...

No matter what industry the Internet companies belong to, they are inseparable from the traffic, with the virtuous cycle of the traffic, Internet companies can better survive and develop. And in the world of the Internet, with traffic comes a market advantage. Search engines as a traffic entrance, its market perennially dominated by several Internet giants Baidu, 360 and Sogou in China. However, ByteDance's entry into the Chinese search engine market has led to certain variables. As a ri...

No matter what industry the Internet companies belong to, they are inseparable from the traffic, with the virtuous cycle of the traffic, Internet companies can better survive and develop. And in the world of the Internet, with traffic comes a market advantage. Search engines as a traffic entrance, its market perennially dominated by several Internet giants Baidu, 360 and Sogou in China. However, ByteDance's entry into the Chinese search engine market has led to certain variables. As a ri...

23 July, 12:41 p.m. Beijing time, China's Long March 5 rocket, the most powerful launch vehicle in service, successfully carried out China's first Mars exploration mission, Tianwen-1, at the Wenchang Space Launch Center. With the roar of the engines, the Long March 5 series of rockets soared into the sky. It will first send the probe to an Earth-Mars transfer orbit for a short stay to prepare it for its long journey to Mars. The probe is expected to land on Mars late this year or ea...

23 July, 12:41 p.m. Beijing time, China's Long March 5 rocket, the most powerful launch vehicle in service, successfully carried out China's first Mars exploration mission, Tianwen-1, at the Wenchang Space Launch Center. With the roar of the engines, the Long March 5 series of rockets soared into the sky. It will first send the probe to an Earth-Mars transfer orbit for a short stay to prepare it for its long journey to Mars. The probe is expected to land on Mars late this year or ea...

As of July 15, 2020, NIO's share was trading at $14 per share with a market cap of over $16.5 billion (about 115.5 billion yuan); meanwhile, the total market cap of Hong Kong-listed GAC Group is HK$64.190 billion (about 57.771 billion yuan). At present, NIO's market cap is already twice that of GAC's. So, is NIO overrated and how should the model of NIO be understood? In two worlds with GAC On the eve of GM's bankruptcy reorganization in 2008, almost all of its car brands ...

As of July 15, 2020, NIO's share was trading at $14 per share with a market cap of over $16.5 billion (about 115.5 billion yuan); meanwhile, the total market cap of Hong Kong-listed GAC Group is HK$64.190 billion (about 57.771 billion yuan). At present, NIO's market cap is already twice that of GAC's. So, is NIO overrated and how should the model of NIO be understood? In two worlds with GAC On the eve of GM's bankruptcy reorganization in 2008, almost all of its car brands ...

With investment waning in the wake of the epidemic, the enterprise service market has instead seen a spring in its step. The data shows that the enterprise services market accounted for one-sixth of the 634 investments in the new economy field in the first quarter of this year. In April, Zhu Xiaohu, known as the unicorn catcher, also made a public statement: "The emergence of SARS 17 years ago boosted the growth of e-commerce, and this year's epidemic could also be a turning point for th...

With investment waning in the wake of the epidemic, the enterprise service market has instead seen a spring in its step. The data shows that the enterprise services market accounted for one-sixth of the 634 investments in the new economy field in the first quarter of this year. In April, Zhu Xiaohu, known as the unicorn catcher, also made a public statement: "The emergence of SARS 17 years ago boosted the growth of e-commerce, and this year's epidemic could also be a turning point for th...

On July 16, SMIC, China's top chipmaker, saw its shares surge 245% at the open on its first day of trade in Shanghai. The company issued issuing 1,685,620,000 shares at 27.46 yuan per share, raising 46.28 billion yuan ($6.62 billion). Shares were trading at 95 yuan at the open with a market cap of RMB700 billion. So far, SMIC has broken a number of records in A-share: It took only 19 days from acceptance to registration and 29 days to complete registration, setting a record for the faste...

On July 16, SMIC, China's top chipmaker, saw its shares surge 245% at the open on its first day of trade in Shanghai. The company issued issuing 1,685,620,000 shares at 27.46 yuan per share, raising 46.28 billion yuan ($6.62 billion). Shares were trading at 95 yuan at the open with a market cap of RMB700 billion. So far, SMIC has broken a number of records in A-share: It took only 19 days from acceptance to registration and 29 days to complete registration, setting a record for the faste...

On July 10, Xiaomi celebrated its first trading day after its two-year anniversary, reaching HK$17 after half an hour of trading, returning to the stock issue price. This gives the capital market a new opportunity to revalue Xiaomi. Since the first trading day of the year, Xiaomi's share price has risen by more than 50% in total, which is quite impressive by comparison. After all, Tencent is up more than 40% this year, and Alibaba is up just over 20%. Xiaomi's overall market capital...

On July 10, Xiaomi celebrated its first trading day after its two-year anniversary, reaching HK$17 after half an hour of trading, returning to the stock issue price. This gives the capital market a new opportunity to revalue Xiaomi. Since the first trading day of the year, Xiaomi's share price has risen by more than 50% in total, which is quite impressive by comparison. After all, Tencent is up more than 40% this year, and Alibaba is up just over 20%. Xiaomi's overall market capital...

The Covid-19 pandemic has created major economic challenges for industries around the world. The venture capital industry and the start-up ecosystem it supports in Southeast Asia are no exception. After discussing the Southeast Asian venture capital market in the last event of HoloBase with Richard Xu, we invited Jonathan Zhong from ATM Capital to talk to us about the current situation and changes in venture capital in Southeast Asia after the pandemic on July 12. | Jonathan Zhong: the Foundi...

The Covid-19 pandemic has created major economic challenges for industries around the world. The venture capital industry and the start-up ecosystem it supports in Southeast Asia are no exception. After discussing the Southeast Asian venture capital market in the last event of HoloBase with Richard Xu, we invited Jonathan Zhong from ATM Capital to talk to us about the current situation and changes in venture capital in Southeast Asia after the pandemic on July 12. | Jonathan Zhong: the Foundi...

The imagination of 5G has forced participants to do their best to compete for every contract. Yi Kangbao, President & CEO of Ericsson, feels that the next three years will be crucial in determining the 5G landscape. The 5G base station business is the starting point of this "battle for the seat". According to the market research from DellOro, In the first quarter of this year, Huawei ranked first in the 5G communications equipment market with a 35.7% market share, while Ericsson ranked second...

The imagination of 5G has forced participants to do their best to compete for every contract. Yi Kangbao, President & CEO of Ericsson, feels that the next three years will be crucial in determining the 5G landscape. The 5G base station business is the starting point of this "battle for the seat". According to the market research from DellOro, In the first quarter of this year, Huawei ranked first in the 5G communications equipment market with a 35.7% market share, while Ericsson ranked second...