Xiaomi has revealed the SU7, its first electric car to compete with Tesla and Porsche for a spot among the top five automakers in the [more…]
Chinese regulators have announced rules aimed at curbing spending and rewards in video games, causing panic among investors. Online games are not allowed to provide rewards [more…]
China’s semiconductor manufacturer’s imports of foreign lithography equipment has increased by 1050% in November, despite US restrictions. In November, China imported 16 units of lithography [more…]
Alibaba’s Taobao China plans to sell 25 million shares of Xpeng’s American Depositary Shares (ADSs), worth about $391 million, following this news a 7.54 percent [more…]
The benchmark lending rates of Chinese banks have not changed, suggesting that more monetary easing is anticipated in the first part of 2024. After reducing [more…]
Despite US limitations, Semiconductor Manufacturing International Corporation (SMIC) may have broken through the 5nm manufacturing barrier by creating a chip for Huawei. The Chinese IT [more…]
Chinese financial technology giant Ant Group has partnered with Huawei to develop native applications for the HarmonyOS operating system. The move follows previous collaborations with [more…]
In November, China’s manufacturing activity shrank for a second straight month, according to a National Bureau of Statistics official survey. The manufacturing sector’s official purchasing [more…]
Chinese fast-fashion company Shein has submitted an initial public offering (IPO) application to a securities regulator in the United States. The company, which was recently [more…]
According to mutual fund firm China Asset Management Co (ChinaAMC), China’s exchange-traded funds (ETFs) have experienced an annual net inflow of over 400 billion yuan [more…]