According to an announcement by the Hong Kong Stock Exchange (HKEx) on Monday, Zibuyu Group has submitted an application for listing to its main board, with Huatai International and ABC International as co-sponsors.
Chinese beverage chain Luckin Coffee on Monday announced that, pursuant to an order by the Grand Court of the Cayman Islands dated February 25, 2022, the firm's winding up petition has been dismissed.
Recently, autonomous driving startup Inceptio Technology announced that it had completed its first driverless road test of an L4 heavy-duty truck.
Recently, the CTTL Terminal Laboratory of China Academy of Information and Communications Technology (CAICT) gave Beidou mobile certificate to two of Meituan's intelligent two-wheeled vehicles.
Recently, Hubei Xiaomi Changjiang Industrial Investment Fund Partnership has become the new shareholder of AI Micron, a chip maker.
At the beginning of March, two stock exchanges in China announced that NetEase Cloud Music had been added into the list of stocks that can be traded through the Hong Kong Stock Connect platform.
HoloMatic, a startup company dedicated to providing autonomous driving solutions, announced that it had secured an exclusive round of financing from GAC Group Capital, a subsidiary of GAC Group.
On Monday, Chinese electric vehicle startup WM Motor said that it will unveil its 2022 E.5 at the Beijing Auto Show.
At 14:01 Beijing time on March 5, 2022, China successfully launched six communication satellites produced by Galaxy Space and one commercial remote sensing satellite by Four Squares Technology.
In last week’s VC news, prominent Chinese specialty coffee chain Seesaw Coffee bagged new financing via its Series A++ funding round, metaverse proponents Oasis, and more.
On Monday, autonomous driving startup Pony.ai announced the initial closing of its Series D funding round, reaching an overall valuation of $8.5 billion.
Industrial research institution CINNO Research released a report on Monday, pointing out that the sales volume of smartphones in China in January was about 30.87 million units.
On March 4, Kuaishou e-commerce for the first time disclosed the construction and governance of the platform's "trust ecosystem" since the related development strategy was clarified last year.
Oasis, an interactive social platform based in China and focused on the metaverse, recently completed a B round of financing worth tens of millions of dollars.
Meitu Inc. announced six brand-new image-related products on March 5: Chic Camera, Meitu ID Photo, Wink, MeituPic for Mac, Meitu Design Studio and Meitu AI Photo Editing.