Asia AI News 29 July 2019 – Commentary continues on the fortunes and future of Shanghai’s STAR Market. Asia Times is of the opinion that last week’s STAR Market performance shows just why China stocks aren’t ready for prime time. South China Morning Post’s editorial also points out that the new tech board has a lot to prove: in particular, that it’s not simply for gambling.
However, there must be some happy chaps at Intel Capital. According to Fortune, Intel’s venture capital subsidiary paid $175.1 million for a stake in Chinese chipmaker Montage Technology and, since the company’s IPO on STAR Market, that stake is now worth $1.1 billion.
Read these stories in today’s Asia AI Newsletter, plus how China is using cutting-edge technologies including AI and Big Data to monitor endangered Amur tigers and leopards.
Startups, investment firms and other organisations featured in today’s newsletter:
- Intel Capital (USA)
- IIT Kharagpur (India)
- Indian Institute of Technology – IIT, Ropar (India)
- Mitra Biotech (India)
- Montage Technology (China)
- OncoStem Diagnostics (India)
- STAR Market (China)
- Tata Medical Center (India)
- The Analytics Association of the Philippines – AAP
- Zumutor Biologics INC. (India)