~$21

Montreal-based Vention raised a $110M Series D to scale its physical AI platform into manufacturing plants worldwide, taking its total raised to ~$216M

Chinese autonomous trucking company DeepWay raised ~$173M ahead of its planned Hong Kong IPO, filed in November 2025; DeepWay reported ~$215M in H1 2025 revenue

DeepWay Technology Co., a Chinese company that makes technology for heavy-duty trucking, has raised about 1.2 billion yuan …

Sources: Shanghai-based AI startup MiniMax plans to price its Hong Kong IPO at ~$21, the top of its marketed range, and will stop taking orders a day early

Filing: Chinese AI startup MiniMax seeks to raise up to ~$538.5M in a Hong Kong IPO, offering 25.4M shares at a price range of ~$19.40 to ~$21.20 per share

Shivangi Lahiri / Reuters :

Filing: Chinese chipmaker GigaDevice aims to raise up to ~$600M in a Hong Kong IPO, offering 28.9M shares at up to ~$21 each

Nichiket Sunil / Reuters :

Filing: HashKey, Hong Kong's largest licensed crypto exchange, is aiming to raise up to ~$215M in its IPO in the city

Kumar Tanishk / Reuters :

Didi reports Q3 revenue up 8.6% YoY to ~$8.28B and a ~$211M net income, up from ~$127M in Q3 2024; international revenue up 35% YoY to ~$558M with a ~$240M loss

Filing: China's leading flash memory chipmaker YMTC raised ~$219M from Hebei Yangyuan Zhihui Beverage Co. at a ~$22.1B valuation in December 2023

The deal was signed in December 2023 but was only announced on Friday as it ‘involved commercial secrets’, Yangyuan said

Stripe, Revolut, and other banks and fintechs rush to launch stablecoins; there are ~$210B in stablecoins issued globally, including Tether printing $142B

Bank of America and Stripe target market for payments in cryptocurrencies  —  Some of the world's largest banks and fintechs …

Tencent reports Q1 revenue up 6% YoY to ~$22B, above ~$21.95B est., and net profit up 62% YoY to ~$5.8B, above ~$4.8B est., boosted by new WeChat monetization

Zheping Huang / Bloomberg :