CATL Signs Partnership Agreement with Automaker BAIC Group
On March 13, Chinese battery giant CATL signed a strategic partnership agreement with state-owned automobile manufacturer BAIC Group.
3/15/20233 min read
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Honor to Release MagicBook 14 on May 16
Honor, a Shenzhen-based manufacturer of consumer electronics, announced on Monday that a product launch will be held at 14:30 on May 16, during which the Honor MagicBook 14 laptop will be released.
Blizzard Requires NetEase to Pay Two-Year Cooperation Income in Advance, Sources Say
Activision Blizzard, led by CEO Bobby Kotick, reportedly put forward stricter conditions in contract renewal negotiations with the Chinese firm NetEase, including requiring it to pay the cooperation income of the next two years to Blizzard in advance once it completes the contract renewal.
11/18/20224 min read
HeyTea Invests in Seesaw Coffee
On Wednesday, Seesaw Coffee announced it completed its A + round of financing, bagging over 100 million yuan, with HeyTea as a new investor, followed by Hongyi Baifu, an old shareholder. This is the first time HeyTea has invested in a coffee brand.
OnePlus Pete Lau: Internationalization is a Pseudo-Concept
Pete Lau shared the difficulties OnePlus has encountered in expanding abroad during the past four years and what the company has gained. SEE ALSO: OnePlus 5T U...
Douyin, OPPO, miHoYo and Others Invest in Unity's Affiliate in China
Global game engine giant Unity's affiliate in China added several new shareholders, including subsidiaries of ByteDance’s Douyin, game developer miHoYo, smartphone maker OPPO, and multimedia service provider China Mobile.
AIM Vaccine, China's Largest Private Vaccine Conglomerate, Applies for IPO in Hong Kong
HKEx revealed on September 12th that AIM Vaccine Co., Ltd., submitted an IPO application to the main board of the HKEx, with Goldman, CICC, China Securities International and Macquarie Group as its co-sponsors.
9/13/20212 min read
XPeng G3 SUV Catches Fire in Shenzhen
An XPeng G3 electric vehicle model caught fire in the southern Chinese city of Shenzhen on Monday evening, the same day that the automaker released its 2021 financial report.
Hot Pot Chain Haidilao Weighs Hong Kong IPO of Overseas Unit
Haidilao, a popular Chinese hot pot restaurant chain, said on July 11 that it is considering the possibility of splitting overseas subsidiary Super Hi International Holding Ltd, listing it on the HKEx by way of introduction.
Chinese Autonomous Driving Startup WeRide Bags More than $600 Million in Five Months
WeRide, a Chinese autonomous driving startup, has raised more than $600 million in the past five months, bringing its valuation to $3.3 billion.
6/23/20212 min read
Cainiao IPO Is Proceeding As Usual
Although Cloud Intelligence Group has halted its spin-off and Freshippo's IPO plan has been postponed, Cainiao's IPO is proceeding as planned.
Tim Hortons China's Stock Price Disappoints Shareholders One Month After Listing
It has been more than a month since the Chinese business of Canadian coffee chain Tim Hortons went public on the Nasdaq, but so far, the coffee company that is trying to become the second Starbucks has not performed well in the US stock market.
10/31/20223 min read