Phate Zhang

A Chinese state-owned conglomerate has successfully developed the country's first 2.5-meter diameter class of heavy-duty hydrogen-oxygen engine nozzles, laying the foundation for the development of heavy-lift launch vehicles.

Pinduoduo's shares expanded more than 6 percent in pre-market trading after the earnings report. But the shares quickly plummeted after Huang announced his resignation as chairman, turning down 3.6 percent.

In June 2018, Yinxiang became independent from Evernote, reorganized as a Sino-US joint venture independent operating entity, and received its first round of funding of hundreds of millions of RMB.

Luckin Coffee is in talks with private equity (PE) firms for a new round of investment, and from more than one investor, Chinese media outlet PEdaily reported Wednesday.

Chinese technology giant Huawei today announced that Huawei Assistant will be the first virtual smartphone assistant to support Esports "cards" with the latest scores, results, and news from major gaming events, leagues, and tournaments around the world.

Hong Kong-based stockbroker Futu Holdings reported total revenue of $153 million in the fourth quarter of 2020, up 282% year on year, marking its fourth consecutive quarter of triple-digit growth.

A survey conducted by Mizuho showed that about 10 percent of the US stimulus check could be used to buy bitcoin and stocks, equating to a total of about $40 billion.

Baidu's AI chip unit Kunlun has completed a new round of financing at a valuation of $2 billion, Reuters said Monday, citing sources.

Bitcoin touched $60,000 for the first time in history, rising about 6 percent in 24 hours. Bitcoin's price is now up about 1,400% from last March's low of about $4,000.

The judge argued that Xiaomi would likely reverse the ban altogether as the lawsuit unfolded, and issued a preliminary injunction to prevent Xiaomi from suffering "irreparable harm.