Tom Kang

China's e-CNY has run seven rounds of pilots in Shenzhen, Suzhou, Beijing, and Chengdu, distributing a total of RMB150 million ($22.88 million) in digital money.

PUBG's cumulative revenue since its release has reached $5.1 billion, with the game's revenue reaching $2.7 billion in 2020 alone, according to data provider Sensor Tower.

China imported 543.5 billion integrated circuits in 2020, an increase of 22.1% year-on-year.

If Alipay and WeChat experience technical or financial failures, it could have a negative impact on the stability of China's financial system, he said.

The company reported an adjusted loss of 1.44 billion yuan in the fourth quarter of 2020, compared with a profit of 2.27 billion yuan in the same period of 2019.

Chinese tech giant Huawei's operating system HarmonyOS could become commercially available as soon as April and no later than mid-year.

Xiaomi said on Friday it will launch a new self-made chip in its Surge series at the planned event on March 29, marking the chip's return after four years without any new releases.

The marks a major e-commerce collaboration between the two large Chinese tech giants.

China Mobile's investment in 5G totaled RMB 102.5 billion ($15.68 billion) in 2020, with 340,000 new 5G base stations built and a cumulative total of 390,000 5G base stations opened.

China concept stocks in the US stock market were widely sold off on March 24, with most stocks down more than 10%. Investors wondered what was going on.