CTech's Sunday Roundup of Israeli Tech News

China appoints Xi Jinping’s right-hand man to head government initiative to bolster tech ties with Israel. Vice-President Wang Qishan will co-chair the China-Israel Joint Committee on Innovation Cooperation alongside Israeli Prime Minister Benjamin Netanyahu. Read more

Tel Aviv high-end real estate deals in free fall. With tightening local regulation and appreciating shekel, foreign investments have slowed down, while some Israelis are still priced out of the market. Read more

Hamas launched a fake app to hack into Israelis’ phones, says Israeli cybersecurity startup. Israeli cybersecurity startup Clearsky said it exposed an attempt by Hamas to spread spyware through bootleg rocket launch warning app. Read more

Video | This startup’s solution to attack drones? Sending in a bigger drone. RobotICan’s GoShawk drone can detect, intercept, and destroy hostile drones by colliding into them in midair. Read more

Opinion | The network effect of today’s most valuable vocation. Data science competitions give companies access to highly-sought after talent at a low cost, writes startup founder Amir Raskin. Read more

Opinion | Kids' video game obsession isn’t really about video games. It's about unmet psychological needs. Many parents are concerned with their child’s seemingly obsessive video game play. Fortnite, the most recent gaming phenomenon, has taken the world by storm and has parents asking whether the shooter game is okay for kids. While the short answer is yes, there’s more to the story. Read more

RedHill’s clinical trial results undermine Its underwritten offering. The gastro treatment company announced a successful Crohn's disease treatment trial two weeks ago. While investors initially seemed hyped, successful trials from competitors brought RedHill’s stock down since. Read more

News Briefs

Next insurance reports exponential growth in first half of 2018. Read more

Alumni outreach company Graduway acquires academic mentoring startup VineUp. Read more

Public transport startup Moovit appoints Yovav Meydad as chief marketing officer. Read more

Wizz Air to launch winter routes from Budapest and Sofia to Israel’s sunny resort town Eilat. Read more