WuXi AppTec-Backed MegaRobo Is Said to Plan Hong Kong IPO
MegaRobo Technologies Co. is planning a Hong Kong initial public offering as soon as this year, according to people familiar with the matter, amid a jump in stocks from the biotechnology sector.
The company, which applies robotics and artificial intelligence in life-sciences research, is working with advisers to raise $300 million or above in the listing, the people said, asking not to be named to discuss a private matter.
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Associated Press
8 minutes ago
- Associated Press
Forums on China-Central Asia cooperation development, Silk Road int'l communication held in Astana
ASTANA, Kazakhstan, June 25, 2025 (GLOBE NEWSWIRE) -- The China-Central Asia Cooperation Development Forum and the Third Silk Road International Communication Forum were held on Sunday in Astana, the capital of Kazakhstan. A Media Snippet accompanying this announcement is available in this link. Around 240 representatives from media, think tanks, cultural institutions and business sectors across China and Central Asia engaged in in-depth discussions on topics including deepening Silk Road cooperation. At the opening ceremony, Arman Kyrykbayev, assistant to the Kazakh president, read a congratulatory message from Kazakh President Kassym-Jomart Tokayev. In the letter, Tokayev noted that not long ago, Chinese President Xi Jinping and the heads of state of the five Central Asian countries attended the second China-Central Asia Summit, which concluded with great success. He said the China-Central Asia Cooperation Development Forum and the Third Silk Road International Communication Forum serve as important platforms for people-to-people dialogue and cultural exchange between Central Asian countries and China. Tokayev expressed confidence that the event will further deepen exchanges and cooperation between the two sides in various fields. In his keynote speech, Fu Hua, president of Xinhua News Agency, said President Xi attaches great importance to China-Central Asia cooperation and development. A stable, prosperous, harmonious and interconnected Central Asia is of great significance to the entire world, Fu said. Fu said that Xinhua is willing to work together with media outlets and think tanks from Central Asian countries to strengthen media exchanges and deepen cooperation in areas such as news reporting, technological development and personnel exchanges, carry out joint research on topics of common interest based on the realities and development needs of China and Central Asia, enhance field studies, analytical assessments and sharing of information and achievements, and produce more high-quality and actionable think tank reports to offer insights and recommendations for the development of China-Central Asia cooperation. Qiu Xiaoqi, vice president of the China Public Diplomacy Association, said the launch of the China-Central Asia forum marks a new chapter of exchange and cooperation among the media, think tanks and cultural institutions of the six countries. All parties should make earnest efforts to better tell the stories of China-Central Asia cooperation and the modernization of the Global South, he said. Tursunali Kuziev, first deputy director of Uzbekistan's Cultural Heritage Agency, said the Uzbek side fully agrees with the proverb 'a close neighbor is better than a distant relative,' and remains committed to building a good-neighborly and mutually beneficial relationship between Central Asia and China. He expressed hope that the event would serve as an efficient platform for exchanging ideas, inspiring creativity and charting future cooperation. Chinese Ambassador to Kazakhstan Han Chunlin said the 'China-Central Asia Spirit' reflects the six countries' strong commitment to good-neighborly relations, solidarity and mutual support. He called on the media, as a bridge for people-to-people connections, to promote a favorable public opinion environment for the high-quality development of China-Central Asia relations. Sun Weidong, secretary-general of the Secretariat of the China-Central Asia Mechanism, said in his speech that think tanks and media from the six countries bear an important responsibility in strengthening the social foundation of a China-Central Asia community with a shared future. The Secretariat of the China-Central Asia Mechanism stands ready to work closely with all parties, actively support cooperation mechanisms and platforms in various fields, and contribute to building a closer China-Central Asia community with a shared future. Zu Bin, director of China Huadian Corporation Ltd., said in his speech that as a leading global energy enterprise, China Huadian will fully implement the Belt and Road Initiative and the consensus reached at the China-Central Asia Summit. Upholding the principle of mutual benefit and win-win cooperation, the company aims to help Central Asian countries transform resource advantages into development strengths and promote vigorous growth of green Belt and Road cooperation, he said. At the opening ceremony, a center on China-Central Asia regional cooperation and development was officially inaugurated. The forum was co-hosted by Xinhua News Agency, Kazakhstan President's TV and Radio Complex, the Communist Party of China Shaanxi Provincial Committee and the provincial government, and China Huadian Corporation. During the event, a think tank report titled 'Championing the China-Central Asia Spirit: Achievements, Opportunities and Prospects for Regional Cooperation' was released globally in Chinese, Russian and English. Source: Xinhua News Agency Contact person: Mr. Wang, Tel: 86-10-63074558
Yahoo
40 minutes ago
- Yahoo
Oil Ticks Up After Two-Day Plunge as Traders Assess Ceasefire
(Bloomberg) -- Oil rose — after posting the biggest two-day decline since 2022 — as traders assessed the Iran-Israel ceasefire and an industry report that pointed to another drop in US crude stockpiles. Bezos Wedding Draws Protests, Soul-Searching Over Tourism in Venice US Renters Face Storm of Rising Costs US State Budget Wounds Intensify From Trump, DOGE Policy Shifts Commuters Are Caught in Johannesburg's Taxi Feuds as Transit Lags Brent crude rose 1% to almost $68 a barrel, after slumping 13% over the past two days. Following their brief war, Israel and Iran appeared to be observing the ceasefire brokered by US President Donald Trump, reducing risks to supplies from the region. The dust is beginning to settle in a global oil market that has been on a wild ride this week, marked by the biggest daily price swing in almost three years. The rocky trading has been amplified by huge trading volumes in options markets, while the closely-watched oil futures curve has also returned to its pre-war levels. Crude initially rose after the US bombed Iranian nuclear sites at the weekend, then got dragged sharply lower as the White House announced the truce between Tehran and Israel. Also on Tuesday, Trump gave China — Iran's biggest crude customer — the green light to carry on buying its oil, adding to the selloff. That move appeared to undermine years of US sanctions against Tehran, though a senior White House official later signaled that curbs on Iran would remain. 'There is no longer any real fear of the conflict spreading,' said Arne Lohmann Rasmussen, chief analyst at A/S Global Risk Management. 'With Trump's comments on Iranian oil exports, downward pressure on oil prices is likely to continue.' The OPEC+ alliance is due to hold discussions on July 6 to consider a further supply boost in August. Meanwhile, Trump's self-imposed deadline to reach trade deals with major US partners falls on July 9. Nations without an accord in place will face the so-called 'Liberation Day' tariffs. US crude stockpiles dropped by about 4.3 million barrels last week, according to an estimate from the American Petroleum Institute, an industry group. Official data on holdings — which sank more than 11 million barrels in the prior week — are due to be released later on Wednesday. --With assistance from John Deane. Inside Gap's Last-Ditch, Tariff-Addled Turnaround Push Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? ©2025 Bloomberg L.P.
Yahoo
an hour ago
- Yahoo
Asia Pacific Radiology Information System Industry Analysis Report 2025-2032
The Asia Pacific Radiology Information System Market is set to grow at a 10.3% CAGR from 2025 to 2032. China leads the market with a $137.8 million value by 2032, followed by Japan and India. Key trends include integrating RIS with EHRs and PACS, enhancing patient engagement through online portals, and leveraging analytics for improved efficiency. Nations like China, Japan, and India drive demand due to demographic shifts, digital health investments, and chronic disease prevalence. Key players include GE HealthCare, Philips, Siemens, and Oracle. The market spans integrated and standalone RIS across web-based, on-premise, and cloud deployments. Dublin, June 25, 2025 (GLOBE NEWSWIRE) -- The "Asia Pacific Radiology Information System Market Size, Share & Industry Analysis Report By Product (Integrated RIS and Standalone RIS), By Deployment (Web-based, On-premise, and Cloud-based), By End Use, By Country and Growth Forecast, 2025-2032" report has been added to Asia Pacific Radiology Information System Market is expected to witness market growth of 10.3% CAGR during the forecast period (2025-2032). The China market dominated the Asia Pacific Radiology Information Systems Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $137.8 million by 2032. The Japan market is registering a CAGR of 9.7% during 2025-2032. Additionally, the India market is expected to showcase a CAGR of 11% during trends shaping the market reflect the broader evolution of healthcare technology, focusing on integration, automation, and patient-centric solutions. One of the most significant trends is the integration of RIS with other healthcare IT systems, such as EHR and PACS, to create a unified platform for managing patient data and imaging workflows. This interoperability enhances diagnostic accuracy and care coordination by providing healthcare providers a comprehensive view of patient there is a growing emphasis on patient-centric features, such as online portals for scheduling appointments and accessing results, which enhance patient engagement and satisfaction. Incorporating advanced analytics and predictive modeling is another trend, enabling healthcare providers to forecast imaging needs, optimize resource allocation, and improve operational efficiency. These trends highlight the dynamic nature of the market, as it adapts to the changing needs of healthcare providers and patients in an increasingly digital market is witnessing substantial global growth, driven by demographic shifts, expanding healthcare investments, and the rapid adoption of digital health technologies. RIS is crucial in managing radiological workflows, enabling healthcare providers to streamline imaging data, improve diagnostic accuracy, and enhance patient care. Countries like India, Japan, and China are experiencing healthcare transformations that significantly boost the demand for RIS, owing to rising expenditures, aging populations, and the increased prevalence of chronic conditions requiring imaging services. Competition Analysis Cardinal Matrix Recent Industry Wide Strategic Developments Partnerships, Collaborations and Agreements Product Launches and Product Expansions Acquisition and Mergers Market Share Analysis, 2024 Top Winning Strategies Key Leading Strategies: Percentage Distribution (2021-2025) Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, Sep - 2025, Apr) Leading Players Porter Five Forces Analysis Key Companies Profiled GE HealthCare Technologies, Inc. Koninklijke Philips N.V. Siemens Healthineers AG (Siemens AG) Carestream Health, Inc. (Onex Corporation) NEXTGEN HEALTHCARE, INC. Oracle Corporation IBM Corporation Epic Systems Corporation General Electric Company McKesson Corporation Market Report Segmentation By Product Integrated RIS Standalone RIS By Deployment Web-based On-premise Cloud-based By End Use Hospitals & Clinics Outpatient Department (OPD) Clinics Other End Use By Country China Japan India South Korea Australia Malaysia Rest of Asia Pacific For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
