China Crypto News

Nvidia Gains as China Considers RTX 5500 GPU Purchases

Beijing is considering allowing select Chinese firms like ByteDance and Alibaba to buy NVIDIA’s RTX PRO 5500 GPUs.ByteDance could seek roughly 1 million chips,...

China’s cheap AI models raise stakes for US leaders

China’s Moonshot AI has reportedly filed confidentially for a Hong Kong IPO, signaling rapid progress as its Kimi K3 model challenges U.S. leaders.Cheaper, open-weight...

Apple and Alibaba team up to launch AI in China

Apple trained its own large language model for the Chinese market with support from Alibaba, according to Reuters.The deal could make Apple the first...

Tesla China Carveout Could Ease SpaceX Merger Path

Elon Musk denied a report that Tesla is preparing to separate its China business, calling it “absurdly fake news.”Advisers have discussed a China spinoff,...

China’s Free AI Models Won’t Kill The AI Boom

Chinese LLMs like DeepSeek and Qwen are advancing rapidly, but the AI boom's core value lies in hardware, energy, and cooling infrastructure — not...

China’s Moonshot AI Launches Kimi K3, Triggering Global Tech Selloff

Moonshot AI launched Kimi K3 on Thursday, a 2.8-trillion-parameter open-weight model that ranked alongside Claude Fable 5 and GPT 5.6 Sol.Semiconductor stocks cratered Friday,...

Tesla Q2 Deliveries Beat Forecasts, China Sales Jump

Tesla reported 480,126 vehicle deliveries for Q2 2026, surpassing Wall Street forecasts of ~406,600 and marking a 25% year-over-year increase.June sales of Shanghai-made vehicles...

ARK shifts from China tech to crypto stocks

Ark Invest added significant shares of Coinbase, Circle, and Bullish across its flagship ETFs on Monday, resuming a crypto equity buying spree.The firm funded...

Latest news

ImmunityBio founder touts sepsis trials, NantX after Binance theft

Patrick Soon-Shiong renewed his “NantX coming soon” teaser after a $6.3 billion Binance theft, spotlighting a separate financial-services venture.ImmunityBio...

Crypto.com Shuts Hong Kong App, Eyes Institutional Exchange

crypto.com will shut down its consumer app in Hong Kong on Feb. 1, 2027, citing regulatory changes.Affected users have...

Kim Yo Jong denies North Korea behind Binance hack, hints US

Kim Yo Jong denied North Korea's involvement in the $6.3 billion Binance hack and rejected the FBI's attribution of...