BYD Semiconductor IPO and Listing Examination Halted by Regulators
The IPO and listing examination of BYD Semiconductor Co., Ltd., considered by investors to be the "number one car chip share," was suspended on August 18.
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Power Battery Project Sponsored by Farasis Energy and Geely Technology Group Begins Construction
On Thursday, a second project jointly built by Farasis Energy, a power and energy storage battery manufacturer, and Geely Technology Group, began its construction in the Fuling District of Chongqing.
5/19/20222 min read
New Energy Storage Firm WeView Bags $56.8M in Several Rounds of Financing
WeView, a Shanghai-based new energy storage enterprise, announced on September 21 that it had completed several rounds of financing in six months, with a total amount exceeding 400 million yuan ($56.8 million).
9/21/20223 min read
Made for the Young, by the Young: Exclusive Interview with the Team behind realme, the World’s Fastest-growing Phone Maker
It’s a common phenomenon in many Southeast Asian countries: Young people snatch up the latest smartphone models online — but rarely are they satisfied with what comes in the mail.
Shenzhen Stock Exchange Issues Letter of Concern to Telling Telecommunication, After Stock Soars 267%
Telling Telecommunication's share price opened down on Monday falling as low as 24.21 RMB per share. Since the beginning of August of this year, the stock has surged more than 220%.
9/13/20213 min read
Chinese Integrated Circuit Maker Tsinghua Unigroup Finalizes Strategic Investors; Refuses Alibaba
On December 10th, heavily indebted integrated circuit maker, Tsinghua Unigroup, finalized its circle of strategic investors under the supervision and guidance of the court.
12/13/20214 min read
Xiaomi Invests 2 Billion Yuan in Establishing Corporate Management Company in Wuhan
On Monday, business registration information suggested that Wuhan Yibayiling Corporate Management Co., Ltd. was established with a registered capital of 2 billion yuan ($313.5 million).
11/29/20212 min read
Beijing Releases Plan to Peak Carbon Emissions of Construction
China's Ministry of Housing and Urban-Rural Development and the National Development and Reform Commission jointly issued a plan on July 13 regarding the implementation of carbon emissions peaks for urban and rural construction.
J&T Express Denies Completing C1 Round of Financing Worth $1.735 Billion
According to media reports on Wednesday, J&T Express has completed a C1 round of financing worth $1.735 billion, bringing its valuation to $19.77 billion. J&T Express denied the report.
11/18/20212 min read
Logistics Firm Lalamove Close to Raising $1.5b in Fresh Funding, Reaching $10b Valuation: Report
On-demand logistics and delivery company Lalamove is close to completing a $1.5 billion financing round that would bring its valuation to around $10 billion, according to Chinese media.
1/21/20212 min read
Tencent Releases Open-Source MoE Large Language Model Hunyuan-large
Tencent released the open-source MoE large language model Hunyuan-large with a total of 398 billion parameters, making it the largest in the industry.
Alibaba Introduces Carbon Reduction Action at UN ECOSOC 2023 Partnership Forum
Alibaba Group’s Chief Marketing Officer Chris Tung delivered a keynote speech to introduce the company’s carbon reduction action model and call on more enterprises to jointly promote low-carbon consumption at a side event during the 2023 Partnership Forum at the UN ECOSOC.
2/3/20233 min read