Writing Software Floods the China's Internet
Yesterday, People's Daily reported that plagiarism prevails in online novels and that a writer who suspected of plagiarism was found to have used material in wr...
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GAC Group and Stellantis JV Bankruptcy Triggers Dealers' Rights Protection Campaign
The bankruptcy of GAC-FCA, a joint venture established by Netherlands-based automaker Stellantis and China's GAC Group, in late October triggered a dealers' rights protection campaign.
11/14/20223 min read
China’s Fintech Giant Ant Group Responds to IPO Postponement Rumor, Saying Listing Process is Proceeding in Orderly Manner
China’s fintech giant Ant Group on Tuesday responded to the recent news about its IPO postponement due to securities regulator’s investigation, saying the listing process is proceeding in an orderly manner.
10/14/20202 min read
SenseTime Raises Nearly $712 Million in HK IPO, to be Listed on December 30
Chinese AI firm SenseTime announced the decision to sell 1.5 billion Class B shares globally, including 150 million Class B shares in Hong Kong, 1.35 billion Class B shares internationally, and another 15% over-allotted shares.
12/29/20213 min read
Autonomous Truck Developer TuSimple Co-founder Huang Zehua Leaves Job
TuSimple, an autonomous driving truck company, has seen another high-level leadership change.
7/5/20222 min read
Miniso Receives Approval for Hong Kong Listing
Miniso, a US-listed consumer home goods retailer, has received approval from the Hong Kong Stock Exchange for a dual primary listing.
Meituan CEO No Longer Directly Hold Shares in Company's Ride-Hailing Business Operator
Wang Xing, chairman and CEO of Meituan, and Mu Rongjun, executive director, both no longer shareholders of Shanghai Tutuan Technology Co., Ltd., the main operator of Meituan's online ride-hailing business.
11/2/20223 min read
Power Bank Sharing Company Energy Monster Raises $300M and Aims for US IPO
On Feb. 10, Reuters reported that Energy Monster, a Chinese company that specializes in power-sharing devices, plans to file an initial public offering (IPO) in the U.S., aiming to raise US$300 million.
2/23/20212 min read
China’s First Mars Rover Is Named Zhu Rong, the Chinese God of Fire
At an opening ceremony for the China Space Conference held in Nanjing, Jiangsu on Saturday, the national Space Day, the China National Space Administration (CNSA) officially named its first Mars rover "Zhu Rong (祝融)".
4/25/20213 min read
Honor 80 Series Tentatively Scheduled for Release in November
On May 30, Honor officially released its Honor 70 Series. The Honor 80 Series will be released in November.
8/9/20222 min read
Police Detained Piracy Suspects from China’s Largest Subtitling Site Renren Yingshi
On Feb.3, Shanghai police detained 14 people from China’s largest subtitling site Renren Yingshi due to suspicions they pirated more than 20,000 Chinese and foreign television shows and films.
2/4/20213 min read
Two New BYD Denza SUVs Exposed
Denza, an electric vehicle subsidiary of BYD, officially released a winter test video on February 13, showing off two new SUV models for the first time. The video shows the five-seat SUV N7 and the medium and large-sized SUV N8, which are expected to be released within the year.
2/15/20232 min read