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Phate Zhang
Phate is the founder of CnTechPost and the main author of the site. He has been reporting in Chinese and English since 2009, focusing on macroeconomics and capital markets. He is also a tech enthusiast, and it is his interest to follow tech industry developments.
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Futu, Tiger Brokers shares plunge pre-market as Chinese official media flag user info security concerns
According to an article in the online edition of the People's Daily, the issue of personal information of mainland citizens leaving the country may become a new test for Futu and T ...
Appliance giant Midea unveils OpenHarmony 2.0-based IoT system
Midea becomes the first company other than Huawei to build an IoT system based on OpenHarmony 2.0. ...
Honor resumes ties with Google, Honor 50 series to carry GMS
Honor has resumed cooperation with Google, and its new models in overseas markets will carry Google Mobile Services (GMS), promising to get its overseas business back on track. ...
Alibaba, Baidu take stakes in local chipmaker Phytium
Alibaba and Baidu have taken stakes in local chipmaker Phytium Technology, according to information from data provider Tianyancha. ...
Meituan fined $533 million for forced exclusivity
The amount Meituan was fined was lower than analysts expected and also lower than the amount fined to e-commerce giant Alibaba. ...
Luckin Coffee shares up as much as 19% after announcing 33% revenue growth for 2020
Since its delisting on June 29 last year, the company has accumulated a 990 percent gain in the Pink Sheets market. ...
Xiaomi unveils concept smart glasses
Xiaomi on Tuesday unveiled a new concept product -- the Xiaomi Smart Glasses Explorer Edition -- that looks little like regular glasses but delivers a smart experience. ...
Huawei says HarmonyOS 2 surpasses 100 million users
As of September 12, Huawei's HarmonyOS 2 user base has exceeded 100 million, about three months after its launch, according to Richard Yu, Huawei's managing director and CEO of its ...
Alibaba to invest RMB 100 billion to help common prosperity
Alibaba has launched the "Ten Actions to Promote Common Prosperity" and will set up a special permanent institution for this purpose. ...
Alibaba in public outcry after female employee complains of sexual assault by her leader
A female employee of Alibaba accused her superior and a company client of raping her, becoming the focus of attention for Chinese Internet users this weekend and leaving the Chines ...