In June, the Pride Month in LGBT community, our editor Gabriel Li interviewed staff from the Beijing LGBT Center to find out how the advancement of technology has reshaped the lives of China’s LGBT community.
China’s tech industry experienced some turbulences last week. Xiaomi’s first day in the Hong Kong stock market was disappointing, with both open and closing prices lower than projected, but the highly anticipated IPO saw its share price bounce back 13 percent the next day.
Tencent, on the other hand, is planning to spin off its music division and list it in the U.S., despite an U.S.-China trade war that started this week.
On July 9, Xiaomi has gone through a turbulent first day at the Hong Kong Stock Exchange, with opening and closing prices lower than expected.
Despite escalating trade disputes between China and the U.S. brought by the penalty levied by the U.S. government, Xiaomi is developing its cellphone models compatible with U.S. carrier network, planning to launch in the U.S. market next year, though observers said Xiaomi’s U.S. push could face some uncertainties.
Meanwhile, Tencent Holdings Limited announced on July 8 that the company will spin off and list its online music entertainment business, Tencent Music in the United States.
Users of Dianping, the yelp-like service rating app, found their personal information leaked after logging in with their WeChat accounts.
Baidu recently added a new feature displaying information flow to its mobile browser app and changed the app’s slogan into “有事搜一搜，没事看一看”, which roughly translates to “Search In Need, Browse in Leisure”.
Alibaba, on the other hand, announced Belgium‘s participation in the company’s digital trade platform. Belgian Prime Minister Charles Michel met with Jack Ma in Brussels on July 3.
New in Vehicles
Daimler AG became the first international automaker to receive a road test license for Level 4 highly automated driving on the roads of Beijing.