Xiaomi Delays IPO in Mainland China, Hong Kong Plans Unaffected
Xiaomi announced its decision on Tuesday to postpone its listing process in mainland China while proceeding with original plans in Hong Kong. SEE ALSO: Xiaomi’...
Category: Industry
Showing 12 of 6361 posts in this category
SEC Adds 11 More China Concepts Stocks to "Pre-Delisting List"
According to the official website of the United States Securities and Exchange Commission (SEC), 11 more Chinese firms were added to its "pre-delisting list" on May 9.
5/12/20222 min read
Tencent Cloud Launches New High-Performance Computing Cluster
On April 14th, Tencent Cloud released a new generation of High-Performance Computing Cluster (HCC) aimed at large-scale model training. The overall performance has been improved three times compared to the past.
4/14/20232 min read
Tesla’s China-made Model 3 to be Delivered as Global Sales Surpass BYD
Tesla seems to be kicking off the deliveries of the Made-in-China Model 3 ahead of schedule as transport trucks carrying the cars were seen leaving the automakers’s Shanghai Gigafactory.
12/9/20192 min read
Chen Rui: More Than 1 Million Videos Featuring Traditional Chinese Style Posted on Bilibili With Over 1 Million Viewers
On Monday, Chen Rui, Chairman and CEO of Chinese video sharing platform Bilibili, delivered a speech at the 2021 World Internet Conference Wuzhen Summit.
9/28/20212 min read
Huami, Xiaomi’s Subsidiary, Begins IPO Roadshow in US
Bloomberg reported that Huami, Xiaomi's subsidiary, has started its roadshow for an initial public offering in the US. Huami plans to be listed on the Nasdaq gl...
DJI to Release New Drone on August 25
On August 18, leading Chinese drone brand DJI announced that it will release a new product at 21:00 on August 25, with the slogan "Born to Fly."
China's Home-sharing Platform Xiaozhu Completed $120 million E-round Financing
Xiaozhu announced it raised $120 million during its E-round financing on November 1. YF Capital led the round, and existing shareholders, such as JOY Capital, M...
11/2/20172 min read
ByteDance’s Rival Kuaishou Shares Slide as Live-streaming Revenue Drops and Losses Widen
Kuaishou Technology, the operator of the second most popular short-video platform after Douyin, saw its stock tumble as much as 11.6% on Tuesday after the company reported a 7.3 billion yuan ($1.14 billion) loss the previous day.
5/25/20214 min read
China Consumers Association Releases Annual Report on Consumer Rights Protection
On Friday, the China Consumers Association released its 2021 annual report on China's consumer rights protection, covering food security, automobiles, and other fields.
4/22/20222 min read
Xpeng Motors Launches Sports EV P7 With Record 706km Driving Range
Chinese EV-maker Xpeng Motors launched its new long-range intelligent EV sports sedan, the P7, the company’s second production model.
4/27/20202 min read
Surging New Chinese Social Media App Gel Denies Infringement of User Privacy
A social media app called Gel, which focuses on virtual images, was published in January and has quickly became the first social app since 2019 to surpass WeChat in the Chinese app store download list.