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TSMC reports Q2 net profit up ~60% YoY to ~$13.53B, beating estimates, and forecasts ~30% sales growth in USD terms in 2025, up from mid-20% previously (Debby Wu/Bloomberg)
  • Tech

Shanghai-based self-driving company Banma aims to spin off from Alibaba via a Hong Kong IPO, reducing Alibaba’s stake from the current 44.72% to 30% (Aileen Chuang/South China Morning Post)

  • August 21, 2025
  • Roubens Andy King
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