TikTok's Parent Company ByteDance to Sell Securities Business
ByteDance is planning to shrink its financial businesses including selling the stock broking business in China.
9/1/20212 min read
Category: Industry
Showing 12 of 6372 posts in this category
AI Chip Firm Cambricon Reports 95% YoY Increase in Net Losses
AI computer chip technology company Cambricon on February 25 released its 2021 annual performance report, showing revenue of 721 million yuan ($114.3 million) during the period.
2/28/20223 min read
Lifestyle Retailer Miniso Completes Hong Kong IPO
Chinese budget lifestyle retailer Miniso has officially listed on the main board of the Hong Kong Stock Exchange (HKEx) with "9896" as its ticker symbol. The firm's opening share price was HK$13.20 ($1.68) – lower than the actual listing price of HK$13.80 ($1.76).
7/14/20222 min read
Xiaomi’s Double-Line Car Manufacturing: Holding Company Smartmi Technology Preparing to Build Vehicles
Smartmi Technology, an eco-chain company controlled by Xiaomi, has joined the car building project.
12/13/20212 min read
90% of Surveyed Airbnb China Hosts Willing to Host in 2021: Report
On Jan. 18, vacation rental online marketplace company Airbnb’s China branch held an online press conference to launch the “Airbnb China Host Community Report 2020” and announce the winners of the Bélo Awards 2020.
Photovoltaic Silicon Wafer Giant TCL Zhonghuan Acquires Chinese Chip Startup
TCL Zhonghuan, a leading Chinese photovoltaic silicon wafers firm, announced on January 19 that its subsidiary plans to acquire 100% equity of Xinxin Semiconductor, accepting it as a wholly-owned subsidiary to rapidly expand its silicon wafer production capacity.
1/20/20233 min read
Chinese Female Health App Meiyou May List Overseas
On June 24th, Meiyou, a Chinese Internet company, withdrew their application for an IPO and listing in China.
6/25/20212 min read
NGO Denounced Apple's Planned Obsolescence and Called on Consumers to Resist
After Apple released its rare statement on deliberately slowing down older iPhones, a Chinese non-government organization condemned Apple's planned obsolescence...
One-Stop International Logistics Online Service Platform YunQuNa Receives New Financing
The one-stop international logistics online service platform YunQuNa announced that it has landed a new round of financing led by CITIC Capital, followed by Xianghe Capital and its shareholders. The overall financing in its D1 round adds up to 150 million US dollars, setting a new record for a single round of financing for China's up-and-coming economic businesses in the field of international logistics digital services. Huaxing Capital is the exclusive financial consultant.
6/29/20213 min read
Offline War Between OPPO and Xiaomi
After 16 months in development, OPPO's first super flagship store opened on Huaihaizhong Road in Shanghai beside brand stores such as Zara and Urban Revivo. The...
DJI Unveils New Mavic 2 Drones: Hasselblad-Designed Camera and Dolly Zoom
China’s drone behemoth DJI unveiled the Mavic 2 yesterday, a true successor to the company's most popular and iconic Mavic Pro. This time round, two editions we...
Realme Buds Air3 to Be Launched in March
Chase Xu, Vice President at realme, announced that the company's first flagship active noise-reducing headphones, the Buds Air3, will be released in March.