Pandaily's Digest #20210312
Baidu plans to raise up to $3.6 billion in Hong Kong secondary listing, Oppo launches flagship Find X3 Pro, Asus unveils gaming smartphone ROG 5, and more.
Baidu Plans to Raise up to $3.6 Billion in Hong Kong Secondary Listing
Baidu, Chinese search engine and AI giant, is planning to raise at least HK$28 billion ($3.6 billion) by selling 95 million shares in a secondary listing on the Hong Kong stock exchange.
JD.com Reports Impressive Fourth Quarter, Crediting China’s Strong Post-Pandemic Rebound
Chinese e-commerce giant JD.com announced its better-than-expected fourth quarter financial results on Thursday, revealing a 31.4% increase in net revenue compared to the same quarter in the previous year.
Chinese Scientists Invent Illuminating Fabric That Can Display Text
Scientists from Fudan University have developed a smart fabric with a display system that allows users to turn their clothing into a digital screen.
VC Investment into Chinese EdTech Startups Must Address Systematic Shifts in Education
China’s long and illustrious history with education, which takes center stage in a family’s social standing, has prompted a wave of EdTech start-ups.
China Esports Weekly: Chinese Sports Media Titan Sports Joins Peace Elite League, Chinese Celebrity Zitao Huang Invests in GK Gaming
China’s esports industry has seen several significant partnerships and sponsorships in the last week.
Oppo Unveils Flagship Find X3 Pro with 10-bit Color Engine
Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro.
Regulators Consider Raising Threshold for Tech Companies Seeking IPOs on Shanghai’s STAR Board
Companies preparing for an initial public offering on Shanghai’s tech-focused STAR board could soon face stricter rules which would require them to prove their technological credentials.
Asus Unveils Gaming Smartphone ROG Phone 5 with 18GB of RAM, Snapdragon 888 Chipset
Asus on Wednesday released its gaming flagship ROG 5, which is packed with new high-end features including up to 18GB of memory and Qualcomm’s latest Snapdragon 888 chipset, offering Android gamers a console-like experience.
Tesla Responds to Braking System Failure Controversy in China Amid Social Media Frenzy
Following days of social media controversy and heated discussions, Tesla China has responded to allegations of issues regarding the Model 3 braking system.