SHANGHAI (Reuters) - Chinese venture capitalists have warned the country's IPO freeze is starving tech startups of funds by keeping market participants locked into existing investments, undermining Beijing's current push to lift innovation in the economy. Venture capital firms said at the three-day ChinaVenture Investment Conference in Shanghai that they were struggling to recoup investment through the traditional route of...

TOKYO, May 10 (Reuters) - Japanese technology investor SoftBank Group is expected to slip back into the red when it reports earnings on Monday despite technology stocks including Arm Holdings , its core asset, performing well over the quarter. Analysts and investors are also eagerly awaiting clues about new growth investments as SoftBank has ample liquidity and can monetise its...

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Tuesday that first-quarter profit more than doubled on robust demand for artificial intelligence servers and after coming off a low base a year ago. Last month, the company said first-quarter revenue slid 10% from a year earlier but it has been bullish about 2024....

03:13 AM EDT, 05/10/2024 (MT Newswires) -- Lei Wu, 10% Owner, Director, Chief Executive Officer, on May 07, 2024, sold 124,000 shares in GigaCloud Technology ( GCT ) for $4,860,379. Following the Form 4 filing with the SEC, Wu has control over a total of 409,816 shares of the company, with 409,816 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1857816/000185781624000128/xslF345X03/wk-form4_1715304438.xml Price: 39.50, Change:...