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Worldsec Limited reported an unaudited net loss of US$490,000 for the six months ended 30 June 2026, versus a loss of US$97,000 a year earlier. The company also said it appointed Elemental Company Secretary Limited as company secretary in September 2026.
Wall Street banks are fundraising for AI upstarts in China while Chinese money flows into US tech, with US equity holdings by Chinese residents jumping 23% to $750 billion. The mutual exposure creates a safety net for investors amidst geopolitical rivalry.
China's Xi: China to focus on sectors including AI and chips
China Pres Xi: China To Focus On Sectors Including AI And Chips