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China’s ByteDance, owner of the popular TikTok streaming app, is confirmed on July 29 to be taking a step into hardware to develop its own smartphone.
Baofeng Group, which owns the popular movie player Baofeng, announced on July 28 that its CEO Feng Xin had been detained by police.
On July 26, the global finals of the entrepreneurship competition at the 2019 Overseas Talent Entrepreneurship Conference (OTEC) were held in Chaoyang District, Beijing.
According to Reuters, the U.S. administration is considering sanctions on Hikvision, a video surveillance firm.
On May 9th, 2019, a joint venture under Xiaomi and independent investment bankAMTD Group called Insight Fintech HK has been granted a Hong Kong virtual bank license, according to the Hong Kong Monetary Authority (HKMA).