renminbi
PulseAugur coverage of renminbi — every cluster mentioning renminbi across labs, papers, and developer communities, ranked by signal.
2 day(s) with sentiment data
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Australian miners aid China's yuan internationalization push
Australian mining companies are increasingly facilitating China's efforts to internationalize the yuan and decrease the US dollar's global dominance. These firms are shifting towards using the yuan for financing and set…
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China's Central Bank Outlines Exchange Rate and Interest Rate Policies
The People's Bank of China has released its Q1 2026 report on monetary policy execution. The report emphasizes maintaining a managed floating exchange rate system based on market supply and demand, referencing a basket …
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ByteDance's Doubao AI app launches paid tiers, signaling China's AI monetization shift
ByteDance has launched its first paid subscription tiers for its Doubao AI assistant, with prices ranging from 68 to 500 RMB per month. This move aims to monetize the AI tool by offering advanced features like PPT gener…
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36Kr reports on GM recall, RMB surge, and Xiaomi's market share drop
General Motors is recalling 40,440 vehicles in the United States due to visible sediment in the brake fluid. The recall affects specific batches of brake and clutch fluid. Separately, the offshore Chinese Yuan strengthe…
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Baidu, Tencent invest in Shanghai startup focused on robotic hands
Shanghai Linjie Dian Chuangxin Intelligent Technology Co., Ltd. has added Tencent and Baidu as shareholders, increasing its registered capital. The company, established in January and focused on robotic end-effectors li…
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DeepSeek eyes record $7.3B funding, shifts to commercial AI
DeepSeek, a prominent Chinese AI lab, is reportedly in talks to secure a record-breaking 50 billion RMB (approximately $7.3 billion USD) in its first external funding round, with founder Liang Wenfeng personally contrib…
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Chinese Yuan Strengthens Against US Dollar to 6.8487
The People's Bank of China set the Yuan's central parity rate against the US Dollar at 6.8487, marking an increase of 75 basis points. This adjustment follows the previous trading day's central parity rate of 6.8562 and…
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Haier's overseas appliance unit doubles capital to 1 billion RMB
Haier Overseas Electric Appliance Industry Company has increased its registered capital from 500 million RMB to 1 billion RMB, a 100% increase. This change also involves several executive appointments. The company, esta…
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AI drug discovery firm XtalPi achieves first full-year profit of $36 million
XtalPi, an AI drug discovery company based in Hong Kong, has announced its first full-year profit, reporting RMB 258 million (USD 36 million). This financial milestone was achieved on RMB 800 million (USD 112 million) i…
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Hong Kong Monetary Authority reports 1.2% year-on-year rise in HKD money supply in March
Hong Kong's monetary supply saw a slight increase in March, with M2 and M3 both rising by 1.2% year-on-year. Total deposits in authorized institutions grew by 0.1%, driven by a 0.7% increase in Hong Kong dollar deposits…
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XtalPi achieves first full-year profit with $36M earnings and $1B cash reserve
XtalPi has achieved its first full year of profitability, reporting RMB 258 million ($36 million) in net profit on RMB 800 million in revenue. This financial success was driven by a significant pharmaceutical partnershi…
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Linkerbot secures B+ funding to boost dexterous hand production
Linkerbot has secured additional funding to ramp up the manufacturing of its advanced dexterous robotic hands. This follows a significant Series B investment earlier in the year, indicating continued investor confidence…
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AI coding tools like Copilot and Claude increase prices, prompting a return to human programmers.
DeepSeek has released a significant update to its AI models, aiming to enhance their capabilities. This development comes amidst rising costs for AI coding tools like Copilot and Claude, prompting discussions about the …
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China's central bank reports 3.4% drop in real estate loans in Q1 2026
China's central bank reported that by the end of Q1 2026, outstanding real estate loans in RMB totaled 51.7 trillion, a 3.4% year-on-year decrease. This included a 5.1% drop in real estate development loans and a 3.1% d…
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Sharebot secures hundreds of millions RMB to expand robot leasing network
SHAREBOT has secured several hundred million RMB in new funding to expand its robot leasing services. The company plans to accelerate the deployment of its robots nationwide and establish a standardized robot delivery n…
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Geely Auto Q1 profit drops 27% amid forex fluctuations despite sales growth
Geely Auto reported a 27% year-over-year decrease in profit attributable to parent company owners for the first quarter, reaching RMB 4.17 billion. Despite a 1% increase in total sales to 70,935 vehicles, revenue grew b…
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Former teacher builds $200M GMV education business by embracing challenges
Xinghui, a former executive at New Oriental and Gaotu Education, has founded her own company and achieved 200 million RMB in GMV within three years. She emphasizes the importance of genuine connection and personalized g…