Bilibili Board Gives Green Light to Chase Dual-Primary Listing
Bilibili,a Chinese video streaming platform, announced that its board of directors approved a motion to pursue voluntary conversion to a dual-primary listing on the Main Board of the HKEx.
Bilibili Board Gives Green Light to Chase Dual-Primary Listing
Bilibili, a video streaming platform geared towards young generations in China, announced on Wednesday that its board of directors approved a motion to pursue voluntary conversion to a dual-primary listing on the Main Board of the Hong Kong Stock Exchange (HKEx).
Some Chinese Apps Allow Users to Easily Close “Personalize Recommendations”
Economic Daily reported on Wednesday that, as of Tuesday, some apps have allowed users to close “personalized recommendations” based on algorithms with one click.
Tencent Becomes Majority Shareholder of Game Developer Tequila Works
Tequila Works, the studio that developed Song of Nunu: A League of Legends Story, announced on Tuesday that Chinese tech giant Tencent has become its majority shareholder.AI Firm DeepGlint Debuts on Shanghai Stock Exchange
AI Firm DeepGlint Debuts on Shanghai Stock Exchange
Artificial intelligence firm DeepGlint was officially listed to the Shanghai Stock Exchange on Thursday under ticker symbol “688207,” with an issue price of 39.49 yuan ($6.22) per share, becoming the first AI firm listed on the STAR Market.
Douyin and Sohu Reach Copyright Cooperation for Derivative Works
Douyin, the Chinese mainland version of TikTok, announced on Thursday that it has reached a cooperation agreement with domestic video platform Sohu. Under the arrangement, Douyin, Xigua Video and Toutiao will be granted licenses related to the derivative work of all self-made movies and television works by Sohu, including the hit dramas “Medical Examiner Dr. Qin,” “Fleet of Time” and “Mysterious Love.”
Nayuki Shares Soar Following Significant Price Cuts
On Thursday, Chinese beverage brand Nayuki announced a sharp price reduction as it launched a new series named “Relaxation”. Its stock price rose by 14.89% today on the HKEx, closing at HK $4.86, and its market value totaled HK $8.336 billion.
Redmi Launches K50 Series, 5000mAh Battery Supports 120W Charging
Chinese telecom giant Xiaomi‘s sub-brand Redmi launched the newest devices in its K50 series along with a new K40S, the Redmi Book Pro and a special set of earbuds made in cooperation with Genshin Impact.
Honor Unveils Magic4 Ultimate in China with Powerful New Camera System
After releasing the Magic4 and Magic 4 Pro at MWC 2022, Chinese smartphone brand Honor unveiled the Magic4 Ultimate in China, featuring a powerful new Quad-Camera system that utilizes the world’s first Dual Free-Form Lens.
BYD Launches Destroyer 05 Plug-In Hybrid
On Thursday, Shenzhen-based automaker BYD officially launched five versions of the Destroyer 05 model, a sedan in its Ocean series, with a subsidized price between 119,800 to 155,800 yuan ($18,842-$24,505).
Head of Kuaishou Internationalization Division Leaves
Chinese short video platform Kuaishou held a meeting among its Internationalization Division on Thursday. Cheng Yixiao, founder and CEO of Kuaishou, announced some personnel adjustments in the division, LatePost reported on Thursday.
