Princes of Chinese Tech : EI Weekend 3256
This week a look at The Fresh Princes of Chinese Tech who mark a new generation of IT entrepreneurs in the world’s second largest economy.
Exchange Invest is a unique information resource combining the day’s stories in a newsletter for investors in exchanges/financial markets infrastructure.
Exchange Invest was founded by former exchange CEO and author of the first bestselling book of fintech (“Capital Market Revolution!” FT 1999) Patrick Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.
On this day in 2007, Colombia’s electrical grid collapsed, causing a nationwide blackout that briefly halted stock trading, trapped people in elevators and left authorities struggling to determine the cause.
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PLY: This weekend is a fascinating tale of 4 Chinese tech founders, outlined in this South China Morning Post article: China’s ‘Fantastic Four’: The New Breed Of Entrepreneurs Reshaping The Global Tech Landscape.
Liang Wenfeng, DeepSeek,
Wang Xingxing, Unitree Robotics
Zhang Yiming, ByteDance
Wang Tao, and DJI
One key point the SCMP points out I found particularly fascinating: “Unlike the former generation of Chinese tech entrepreneurs who grew up with memories of absolute poverty — such as Alibaba Group Holding’s Jack Ma, Baidu’s Robin Li Yanhong and Tencent Holdings’ Pony Ma Huateng — China’s new generation of tech tsars were born after the country began its “reform and opening up” phase under Deng Xiaoping, when “class struggle” was abolished and private enterprise was encouraged.”
IPO-VID LIVESTREAM: NEXT WEEK TUESDAY
“The Future of Research”
Guest: Matthew Ringgenberg
April 29th, 2025
1700 UK, 1800 CET, 1200 EST
Matthew Ringgenberg is a Professor of Finance at the University of Utah whose research focuses on the role of institutional investors in financial markets.
Specifically, he has examined how the actions of short-sellers, hedge funds, mutual funds, and exchange traded funds interact with various frictions to affect real economic activity and the formation of asset prices.
Watch the stream on:
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IN BIGWORLD
From Exchange Invest 3250: April 16th:
When I was born they were far from two a penny but there were plentiful numbers of former RAF pilots who had taken part in the Battle of Britain where the Nazis were denied dominance of the British airspace thus precluding Hitler’s plan to invade the UK during World War 2.
St Me’s Day this year was tinged with the sad news that in Dublin’s fair city the last living pilot to fly in the Battle of Britain, John ‘Paddy’ Hemingway DFC had passed away at the age of 105.
The last of “The Few” always said he was just doing the job he was trained for but behind that modesty lay an incredible life story — from defending the Dunkirk retreat in 1940 to an epic 4 bailouts, each time to return to fighter duty, “hero” is frankly an understatement.
The Last Surviving Battle Of Britain Pilot, John ‘Paddy’ Hemingway DFC, Passes Away
Royal Air Force
PLY: Market Movers On Fintech TV
Catch me on Market Movers On Fintech TV every Monday at 0920 AM for the latest insights in finance, technology, impact investing, and market trends. Fintech TV is on the web (Fintech.TV), in a multitude of airports across the USA and other channels.
BITCARNAGE
Un-Stable?
A moment of clarity amidst all manner of crypto hype as Italy Finance Minister Warns US Stablecoins Pose Bigger Threat Than Tariffs (Cointelegraph). It’s not an unfair point…
If you enjoyed this excerpt you may be interested to know that you can read Bitcarnage every day in Exchange Invest.
Alternatively, if you want to follow Bitcarnage — the daily update on happenings in the world of crypto and digital assets, then you can find Bitcarnage as a standalone on Substack.
EXCHANGE INVEST WEEKLY PODCAST
Atkins Sworn In As SEC Chairman,
StoneX Buys RJO,
LME Announces Hong Kong Warehouses,
And Hong Kong Exchanges Are Headed Towards T+1,
As ASX Delays Yet Another Tech Upgrade.
The Exchange Invest Weekly Podcast 292
OF INTEREST
As always, a review of interesting reading to provoke thoughts and consideration… Not sure we agree with much of it….but it’s thought-provoking!
The Deep Seek Phenomenon:
Fun fact, DeepSeek founder Liang Wenfeng, previously ran a hedge fund with $14 billion in assets. DeepSeek cost less than $6 million to develop initially.
Hometown Of DeepSeek Founder Becomes Tourist Hotspot, Renovations Paid By Government
South China Morning Post
Who Is Liang Wenfeng, The Founder Of AI Disruptor DeepSeek?
Entrepreneur
DeepSeek Isn’t Taking VC Money Yet. Here Are 3 Reasons Why
TechCrunch
Unitree, a leader in Robotics:
About Us — UnitreeRobotics
UnitreeRobotics
Who Is Wang Xingxing, 35-Year-Old CEO Behind Unitree Humanoid Bots?
VnExpress International
Unitree Robotics: A Rising Force — China Thought Express
ByteDance — Crack for short video aka The TikTok phenomenon…
Zhang Yiming
Forbes
Zhang Yiming’s Business Strategies: How He Built ByteDance
CEO Today Magazine
ByteDance’s OmniHuman-1 Shows Just How Realistic AI-Generated Deepfakes Are Getting
Business Insider
ByteDance | Apps, Controversies, & Facts
Britannica
It’s Not Just TikTok: These Other ByteDance Apps Are Gone Too
Wired
Drone Lords: Wang Tao, and DJI
Frank Wang: The Visionary Behind DJI Drones
Pintos Column
How DJI Became the Global Leader in Drones
Tech Drive Play
Wang Tao, Founder Of Dji: From Starting From Scratch To Monopolizing The World
INF
…Wang Tao was China’s youngest billionaire in 2017.
Books worth reading:
Finance Book Of The Week
“Engines That Move Markets: Technology Investing from Railroads to the Internet and Beyond” by Alisdair Nairn Is a complete and deeply researched history of industries and investing, the book is filled with fascinating and instructive details, including how Thomas Edison lost control of his company, the impact of the Standard Oil breakup, the early days of the wireless industry, and the course of the computer and internet revolution.
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
Suggestions welcome if you would like to nominate a book for us to cover!
Our next Book of the week will be unveiled Saturday in the EI Weekend Edition.
& don’t forget if you want all the news on the bourse business sent daily to your Inbox subscribe to Exchange Invest — via Exchange Invest.com — it’s only $499 per annum to join “The Exchange of Information.
Capital Market Revolution
First published in 1999, “Capital Market Revolution!” offered a clear, concise roadmap for navigating the financial revolution fueled by technology. And 25 years later, as the world of fintech continues to evolve, the core principles laid out in the book remain surprisingly sharp
This new edition was produced to celebrate PLY ringing the NYSE Closing Bell July 5th, 2024. There are several new sections of PLY pith to add 10,000 more words of context and the original book which is remarkably prescient and elegantly dated all at once! It’s only $9.99 on Kindle, a fraction of the original price in 1999 to encourage revolutionaries with any budget!
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
IPO-VID LIVESTREAM PODCAST
Whether you prefer watching insightful discussions or listening on the go, IPO-VID Podcast has you covered! With 172 episodes featuring market experts, trading legends, and fintech pioneers, there’s always something new to learn about exchanges, investment trends, and the future of finance.
🎧 Catch up now and stay ahead in the world of markets!
EI Website | Spotify | Apple Podcast | Anchor
LAST WORD
Catch up on Monday for Exchange Invest 3257.
The future continues in the water cooler of the bourse business.
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Catch me on Market Movers On Fintech TV every Monday at 0920 AM for the latest insights in finance, technology, impact investing, and market trends. Fintech TV is on the web (Fintech.TV), in a multitude of airports across the USA and other channels.
BITCARNAGE
