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Source: Tencent tells staff that Yao Shunyu, an ex-OpenAI researcher who joined in September, is now its chief AI scientist, reporting to President Martin Lau (Juro Osawa/The Information)

Juro Osawa / The Information : Source: Tencent tells staff that Yao Shunyu, an ex-OpenAI researcher who joined in September, is now its ch...

26 June 2025

Chinese automaker Geely's ride-hailing arm CaoCao raised $236M in a Hong Kong IPO, listing 19% below its offer price; its market cap was $2.42B as of Wednesday (Kensaku Ihara/Nikkei Asia)

Kensaku Ihara / Nikkei Asia:
Chinese automaker Geely's ride-hailing arm CaoCao raised $236M in a Hong Kong IPO, listing 19% below its offer price; its market cap was $2.42B as of Wednesday  —  HONG KONG — Chinese ride-hailing service CaoCao listed on the Hong Kong Stock Exchange on Wednesday, raising 1.85 billion Hong Kong dollars …

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