Featured Archives - Page 6 of 108

Keep Lists on The Stock Exchange of Hong Kong with A Market Capitalization of $2 Billion

On July 12th, Keep, the first sports technology company, officially listed on The Stock Exchange of Hong Kong with the stock code "3650".

Xpeng Unveils the G6: A Mid-Sized Electric SUV with Advanced Features, Starting at $32,500

Xpeng Motors, a leading Chinese electric vehicle manufacturer, has unveiled its latest model, the Xpeng G6 mid-sized electric SUV, with prices starting from CNY 209,900 ($32,500). The new vehicle, which boasts a 0 to 100 km/h acceleration in just 3.9 seconds and a range of 580 km, is set to commence deliveries in July 2023. […]

Meituan Completes Acquisition of 100% Equity of Guangnian Zhiwai

Meituan announced on the Hong Kong Stock Exchange today that it has successfully completed the acquisition of 100% equity of Guangnian Zhiwai

ByteDance and Alibaba Place Massive GPU Orders with NVIDIA, Fueling the AI Race

Major Chinese internet companies that have a cloud computing business have placed substantial orders with NVIDIA following this year's Spring Festival.

Sequoia China Stands Tall on Its Own as ‘HongShan’

The venture capital firm will be led by founder Neil Shen in China, and is one of two global units being separated from its U.S. counterpart to operate independently.

ByteDance’s Douyin Releases Rules that Prohibit Public Welfare Accounts from Participating in Live Streaming Tipping

On June 2nd, the official Douyin account released the latest regulations on the governance of public welfare content on Douyin.

Mobvoi Officially Submitted Its Listing Application to the Stock Exchange of Hong Kong

On May 30th, The Stock Exchange of Hong Kong documents showed that the artificial intelligence company Mobvoi submitted an IPO application to the exchange, aiming to become the first AIGC stock. China International Capital Corporation and CMB International Capital Holdings are joint sponsors.

Apple To Hold Its First Ever E-commerce Live Event

As China's “618” shopping festival is drawing near, the Apple Store Official Flagship announced that it will conduct its first ever e-commerce live event. The event will take place at 19:00 on May 31 on Tmall, marking the first time that Apple has officially organized a live event on an e-commerce platform.

Shenzhou-16 Spacecraft Successfully Completes Five Autonomous Orbit Changes, Approaching Chinese Space Station

May 30, 2023, China's Shenzhou-16 spacecraft, was launched today (May 30) at 9:31 am. The mission is led by astronauts Jing Haipeng, Zhu Yangzhu, and Gui Haichao.

China Plans to Send Its First Astronauts to the Moon by 2030

May 29, 2023 - China has announced its ambitious plan to send its first astronauts to the moon by 2030, marking a significant milestone in the nation's space exploration journey.

Alibaba Denies Recent Layoff Rumors

On May 25th, Alibaba Group refuted recent rumors of large-scale layoffs. In an official announcement on social media, the company stated that it plans to hire 15,000 new employees in 2023 across its six business units, with over 3,000 of these positions designated for new graduates.

A Shift in China: From Medal Pursuits to Mass Participation Sports and Public Well-being

The country's burgeoning middle class plays a pivotal role in this expansion, boasting financial empowerment and readiness to invest.

ByteDance Founder Establishes Personal Investment Fund in Hong Kong

Two years after stepping down as CEO of ByteDance, founder Zhang Yiming has launched a personal investment fund in Hong Kong. The fund, named Cool River Venture, is registered as a private limited company and is wholly owned by Galaxy LLC. Zhang Yiming serves as the director of the fund.

A Tale of Two ‘Deadbeats’

Dai Wei, the founder of the now-defunct bike-sharing operator ofo, made a surprising move by venturing into the United States and establishing About Time Coffee.

Meituan Launches Food Delivery Brand KeeTa Amid Hong Kong Debut

Meituan introduced KeeTa, a new food delivery brand as it officially launches in the Hong Kong market

BYD Han DM-i Champion Edition and DM-p God of War Edition Are Now on the Market

On May 18th, it was announced that the BYD Han DM-i Champion Edition and Han DM-p God of War Edition will officially go on sale today. The former is priced between RMB 189,800 to RMB 249,800 (about USD 27,000 to 36,000), while the latter is priced at RMB 289,800 (USD 42,000).

Chinese Literature Nobel Laureate Mo Yan Uses ChatGPT to Write Literary Award Speech

On May 16, Chinese renowned writer Yu Hua topped the 2021 long novel list of "Harvest" bimonthly magazine. During the award ceremony where Chinese literature Nobel laureate Mo Yan presented the award to Yu Hua, Mo Yan said that he had been struggling to write his speech for several days and sought help from ChatGPT.