Articles
Why Hong Kong Stocks Are Catching a Second Wind
A withered tree meets spring.
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Who Is Horizon Robotics' Most Important Investor?
Got it?
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Hongshan and Li-Ning Go Abroad Together, Sending Two Market Signals
A bellwether for the primary market.
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Surviving 12 Years in the Cracks: How He Finally Built China's Most Active AI Product | WAVES
Fighting back from the brink.
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Inspired by "The Greatest Show on Earth," a 17-year-old high schooler put on a hackathon | WAVES
The trumpet of the golden age.
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Hong Kong VC Raises $220M, Still Betting Big on Asia | Entering the Game
Under the wave of fragmented globalization, a counterexample.
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If Anyone Can Build an AI Product | The Wavo! Program from *Dark Tide* --- *Dark Tide* is launching Wavo! — a new initiative to support AI product builders. Here's what you need to know. ## What Is Wavo!? The premise is simple: AI has dramatically lowered the barrier to building software. A single developer with a good idea can now ship a product in days, not months. Wavo! is designed to find these builders and give them runway. The program will select a cohort of solo founders or small teams working on AI-native products — tools, agents, consumer apps, vertical solutions, whatever. Selected participants receive funding, cloud credits, and access to a network of operators and investors who have built in China's tech ecosystem. ## Why Now? The shift is real. Large language models have turned "vibe coding" into a genuine development paradigm. You don't need a 20-person engineering team to launch anymore. What you need is taste, speed, and a clear read on a specific problem. This also means more competition. The half-life of feature advantages has collapsed. Distribution and brand matter more than ever — but so does being first to a niche
The answer we give.
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Li Xiaojia: Helping the Little Guy Is Helping Big Capital
His lessons, reflections, and conviction.
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The 21 Months That Shattered a Star Founder | WAVES
Good Game.
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We invested in large language models, AI applications, and embodied intelligence, but BlueRun Ventures still feels it hasn't FOMO'd hard enough.
The more optimistic doers.
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