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Refinitiv IFR reports AI startup Moonshot AI could submit an IPO application to the HKEX as early as this month, seeking roughly $3.0bn (about HK$23.4bn).

2026-08-03

Refinitiv IFR reports AI startup Moonshot AI could submit an IPO application to the HKEX as early as this month, seeking roughly $3.0bn (about HK$23.4bn).

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2026-08-03

China Academy of Information and Communications Technology (CAICT) estimates China's AI industry will exceed 1.2 tln yuan in 2025, up 40% YoY. As of June 2026 there are over 6,600 AI firms in China, about 15% of the global total. CAICT divides the in

China Academy of Information and Communications Technology (CAICT) estimates China's AI industry will exceed 1.2 tln yuan in 2025, up 40% YoY. As of June 2026 there are over 6,600 AI firms in China, about 15% of the global total. CAICT divides the industry into base, model/framework and application layers: in 2025 the base layer grew 59% YoY and accounted for 38% of the industry, the model/framework layer grew 189% YoY and accounted for 7%, and the application The layer grew 22% YoY and accounted for 55%.
2026-08-03

Iran foreign ministry spokesman Baghaei said Iran is not negotiating with the United States and is holding talks with Oman solely to secure safe passage of vessels through the Strait of Hormuz. He said Tehran and Muscat aim to consult at the earliest

Iran foreign ministry spokesman Baghaei said Iran is not negotiating with the United States and is holding talks with Oman solely to secure safe passage of vessels through the Strait of Hormuz. He said Tehran and Muscat aim to consult at the earliest opportunity to agree to a principled, temporary shipping route to ensure transit safety, and describe the process as a bilateral matter between the two littoral states. Baghaei added that the Strait’s blockade is the result of U.S. actions and that the situation will not change while the maritime blockade and U.S. incursions continue.
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