ZHUHAI, Chi a, Nov. 02, 2026 (GLOBE NEWSWIRE) — The New Jou ey ZYT (ZHUOYU Tech ology) P ax Comme cial Vehicle …
Chinas
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Scams
China’s Stock Market Has Lost $2.4 Trillion as Investors Doubt Its AI Boom Will Ever Pay Off
by shayaanby shayaanIn brief Stocks on China’s mainland have lost about $2.4 trillion in market value since May, and the STAR 50 index of …
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Finance
Stablecoin issuers have replaced 40% of China’s lost US Treasury demand
by shayaanby shayaanStablecoins gain ground as foreign governments retreat The rise of crypto-linked buyers comes as the composition of US creditors undergoes a longer-term …
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Regulation
Giant Hole in Global Crypto-Tax Net; China’s Taxable Crypto Only 1/5th of the US
by shayaanby shayaanLast year, potentially taxable global onchain crypto asset activity surpassed $457 billion, blockchain intelligence company Chainalysis said in its latest report. Out …
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In brief Zhipu AI (now Z.ai) released GLM-5.3 on Thursday through its GLM Coding Plan and ZCode. The lab calls it the …
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Smart Contracts
China’s Kimi K3 Is Out—And Beats Claude Fable and GPT 5.6 Sol on Key Benchmarks
by shayaanby shayaanIn short Moonshot AI released Kimi K3 on July 16: a 2.8 trillion-parameter open-weight model that beats US labs on specific specialized …
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Markets
Bitcoin faces fresh headwinds as China’s Kimi beats Claude, GPT in coding benchmark
by shayaanby shayaanMoonshot’s Kimi K3 took the top spot in frontend coding away from Claude and OpenAI, and it’s free. Semiconductor stocks fell, and …
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Smart Contracts
China’s Z.AI Releases GLM-5.2: A Model That Rivals Claude Opus—Using Zero Nvidia Chips
by shayaanby shayaanIn short GLM-5.2 trails Claude Opus 4.8 by just 1% on FrontierSWE – a benchmark that measures multi-hour autonomous engineering projects – …
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In short Xiaomi and inference partner TileRT have broken 1,000 tokens per second on a 1 trillion-parameter model, a first at that …
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The seasoned investor known as China’s Buffett, Duan Yongping, revealed a new stake in Circle Internet Group (CRCL), his first known investment …