TSMC Chairman Morris Chang Announced He will Retire Next Year
TSMC (Taiwan Semiconductor Manufacturing Company) issued a press release that Morris Chang, the chairman and founder of the company, would retire in June next y...
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Tesla Shanghai Gigafactory to Transform Production Line by August 7
A transformation plan for Tesla's Shanghai Gigafactory has been launched this month, in which the second-stage production line was successfully updated on July 16. Meanwhile, adjustments to the factory's first-stage production line expected to complete by August 7.
7/25/20223 min read
"No tableware" Orders Reach 1.3 Billion on Ele.me, Driven by Carbon Emission Reduction Advocation
The orders with the "No tableware" option have reached 1.3 billion on Ele.me, according to its president Yongxin Fang. It is equivalent to reducing the use of more than 6,000 tons of wood and more than 3,000 tons of plastic.
11/16/20223 min read
Kuaishou Reacts to Initiate Legal Proceedings in Case Involving Fabricated Research Report
News released by We Media sparked a market shock on Monday. Kuaishou shares in Hong Kong slumped heavily due to the rumor, at one point falling below the issue price of HK$115 in late trading.
7/27/20212 min read
Nayuki Tea Says Recent Reports Questioning Food Safety Won't Severely Affect Operations or Finances
Nayuki’s Tea on Wednesday announced that recent reports regarding food safety issues and the review of the regulatory authorities will not have any significant adverse impact on the group's operations and financial situation.
China Consumption Rebounds as E-commerce Giant Alibaba’s Tmall Taps Into Mid-year Shopping Festival
Alibaba’s B2C e-commerce platform Tmall has kicked off its mid-year shopping festival at midnight on June 1.
6/10/20204 min read
Douyin Integrates Doubao AI
By directly integrating Doubao AI, Douyin can not only enhance its own AI capabilities but also introduce a broader user traffic to the latter.
3/5/20252 min read
CATL Raises Compensation of Patent Infringement Case Against CALB
The lithium battery patent war between Chinese power battery giant Contemporary Amperex Technology Limited (CATL) and its competitor China Aviation Lithium Battery Co., Ltd. (CALB) has escalated.
5/23/20223 min read
China’s Q&A Site Zhihu To Price US Listing at $9.5 Per Share, Sources Say
China’s largest question-and-answer platform Zhihu will price 55 million shares to be issued Friday at $9.5 each, aiming to launch a $522.5 million initial public offering (IPO) in the US.
3/26/20212 min read
Geely’s Luxury EV Brand Lotus Tech Receives Approval for Nasdaq Listing
Luxury electric vehicle manufacturer Lotus Technology Co., Ltd. - owned by Geely Group - recently received approval for its IPO filing from the China Securities Regulatory Commission.
2/20/20243 min read
BYD Launches Massive Recruitment at Shenzhen Plant Amidst Ongoing Talent Gap in the Industry
Recently, BYD launched a significant recruitment drive, aiming to hire 10,000 operators and technicians at its Shenshan Auto Industrial Park.
8/30/20243 min read
Li Auto: Will Hold the L6 Product Launch Event on April 18th
The Li Auto L6 product launch event will be held at 8:00 pm on April 18th, positioned as a luxury five-seater SUV for families.
4/8/20242 min read