AR - Asia Tech Wire

2025.03.09

13:28

The U.S. Bitcoin spot ETF market has seen outflows for four consecutive weeks

The U.S. Bitcoin spot ETF market has seen outflows for four consecutive weeks. According to Farside Investors, the largest weekly outflows from ETFs in the week ending March 7 included: Fidelity Smart Origin Bitcoin Fund (FBTC) had a net outflow of $201 million, which was six consecutive weeks of outflows. ARK 21Shares Bitcoin ETF (ARKB) had a net outflow of $163.5 million. iShares Bitcoin Trust (IBIT) had a net outflow of $129.6 million. As institutional investors withdrew, weak demand disrupted the supply and demand balance of Bitcoin, causing Bitcoin to fall 8.76% in the past week.

2025.03.07

23:03

Bitcoin has risen in the short term and is now back to the $91,000 mark

Bitcoin rose in the short term and now returned to the $91,000 mark, up more than 1% on the day, after falling more than 5% earlier. Cryptocurrency stocks in the U.S. stock market rose across the board, with Bit Origin soaring nearly 60%, and MARA Holdings and Coinbase rising nearly 3%.

2025.03.05

22:02

*ST Puli: No relevant agreement has been signed with the US GPO Premier, Inc.

*ST Puli announced that the company has not signed any form of relevant agreement with GPO Premier, Inc. of the United States. SLATE RUN PHARMACEUTICALS, LLC has signed a contrast agent cooperation agreement with GPO Premier, Inc. of the United States, and the two parties have not yet clearly agreed on specific sales arrangements such as sales volume. There is great uncertainty in the sales scale and gross profit margin of the company's contrast agent-related products, and there is also uncertainty about the impact on the company's performance. The company's 2021 and 2022 annual reports contain false records, and the amount of falsely recorded operating income totaled 1.031 billion yuan, accounting for 31.08% of the total annual operating income disclosed in the two years; the total amount of falsely recorded profits totaled 695 million yuan, accounting for 76.72% of the total annual profits disclosed in the two years. The company's stock may be subject to forced delisting for major violations.

17:55

Zhuoshengwei: The company's RF front-end chips and modules and other products can be used in smart wearables and other fields

Zhuoshengwei stated on the interactive platform that currently, the company's RF front-end chips and modules, WiFi connection modules, Bluetooth front-end modules and other products can be used in smart wearables, smart homes, Bluetooth headsets, VR/AR devices and other fields.

2025.03.04

18:42

Huawei's Li Peng: 5G-A has entered a new stage of scale development and will bring double-digit growth to operators' DOU and ARPU

Li Peng, senior vice president of Huawei and president of ICT Sales and Services, delivered a keynote speech during MWC25, saying that over the past year, thanks to the efforts of industry partners and global operators, 5G-A has entered a new stage of large-scale development. 5G-A and AI go hand in hand and will bring double-digit growth to operators' DOU and ARPU.

18:22

Guanghong Technology: Plans to purchase 100% equity of All Circuits SAS and 0.003% equity of TIS Circuits SARL

Guanghong Technology announced that the company plans to purchase 100% of the equity of All Circuits SAS and 0.003% of the equity of TIS Circuits SARL by paying cash. This transaction is expected to constitute a major asset reorganization.

12:12

Reshaping the AI computing landscape: DeepSeek drives the rise of RISC-V

Li Chunqiang, a senior technical expert at Alibaba DAMO Academy, said in an interview that the popularity of the DeepSeek model has brought new development opportunities for the RISC-V architecture. "DeepSeek has significantly reduced the activation parameter ratio through MOE technology, which significantly reduces the computing power required for the model to achieve the same effect. This change provides a new balance point for chip design," said Li Chunqiang. RISC-V is an open source and free CPU instruction set architecture. Compared with traditional instruction set architectures such as x86 and ARM, RISC-V is not only completely free and open, but also supports custom instruction extensions. Therefore, it is regarded as a computing power architecture that is more suitable for the AI era. It is reported that among the 25 standards approved by the RISC-V International Foundation in 2024, more than half are related to high performance or AI.

05:42

Huawei's Li Peng: 5G-A and AI go hand in hand and will bring double-digit growth to operators' DOU and ARPU

At MWC2025, Li Peng, senior vice president of Huawei and president of ICT sales and services, delivered a keynote speech titled "5G continues to evolve, leaping to network productivity in the AI era". He believes that over the past year, with the efforts of industry partners and global operators, 5G-A has entered a new stage of scale development. 5G-A and AI coexist and will bring double-digit growth to operators' DOU and ARPU.

2025.03.03

17:45

China Pharmaceutical: Subsidiary Tianfang Pharmaceutical obtains drug registration certificate for Sacubitril-Valsartan Sodium Tablets

China Pharmaceutical announced that its wholly-owned subsidiary Tianfang Pharmaceutical received two "Drug Registration Certificates" for Sacubitril-Valsartan Sodium Tablets approved and issued by the National Medical Products Administration. The drug is the world's first angiotensin receptor neprilysin inhibitor (ARNI) approved for marketing, used to treat adult patients with chronic heart failure with reduced ejection fraction.

17:09

U.S. cryptocurrency concept stocks soared before the market opened, with Strategy (MSTR.O) up more than 12%, CleanSpark up more than 11%, Riot Blockchain (RIOT.O), MARA Holdings, and Coinbase (COIN.O) up more than 10%.

17:07

U.S. cryptocurrency stocks surged before the market opened

U.S. cryptocurrency concept stocks soared before the market opened, with Strategy up more than 12%, CleanSpark up more than 11%, Riot Platforms, MARA Holdings and Coinbase up more than 10%.

15:05

Cathie Wood: Nvidia is still a high-growth stock and will continue to hold it

Last Friday, at a Bitcoin investor conference in New York, Cathie Wood, founder of ARK Invest, said that Nvidia is still a high-growth stock and she will continue to hold Nvidia shares. Wood believes that even if the company's profit margins are slightly compressed due to competition from AMD and Amazon's new artificial intelligence chips, the stock may still achieve a 20% annual compound growth rate. She added that Nvidia will not be the only one in this market, but Nvidia has created incredible opportunities and promoted the artificial intelligence revolution, and we believe it will still play an important role.

13:29

Shenzhen: Launching a series of AI benchmark products in the smart glasses, smart watches, smart headphones, AR/VR devices and other segments

The Shenzhen Action Plan for Accelerating the Development of the Artificial Intelligence Terminal Industry (2025-2026) was issued. It mentioned that a series of benchmark AI products will be launched in the segments of smart glasses, smart watches, smart headphones, AR/VR devices, etc., and cost-effective AI wearable devices will be launched focusing on specific scenarios and the market demand of the Belt and Road Initiative. The focus will be on C-end scenarios such as spatial perception, real-time translation, and health monitoring, as well as B-end scenarios such as industrial inspections, telemedicine, and emergency rescue, to create a gathering place for the development of AI wearable device products.

2025.03.02

11:12

Chery Group's new energy vehicle sales in February increased by 278.3% year-on-year

On March 1, Chery Group released its February sales report. In February, Chery Group sold 180,932 vehicles, a year-on-year increase of 26.4%. Among them, Chery Automobile sold 171,085 vehicles, a year-on-year increase of 31%; the group sold 44,375 new energy vehicles, a year-on-year increase of 278.3%. In terms of brands, Chery brand sold 106,312 vehicles in February, Xingtu brand sold 6,706 vehicles in February, Jetour brand sold 42,257 vehicles in February, iCAR brand sold 5,806 vehicles in February, and Zhijie brand sold 10,004 vehicles in February.

2025.02.28

23:57

Bitcoin concept stocks rose, Marathon Digital (MARA.O) rose more than 10%, Riot Blockchain (RIOT.O) rose more than 6%, and Coinbase (COIN.O) rose more than 3%. Bitcoin rebounded above $84,000, having previously fallen below $80,000.

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