Phate Zhang

  • CICC sees room for NIO, Li Auto, and Xpeng shares to rise as their market caps far away from Tesla

    NIO, Li Auto and Xpeng Motors have a combined market capitalization of $50 billion, while Tesla has a market capitalization of $450 billion, meaning the three Chinese electric car companies have room to rise, according to CICC, a Chinese investment bank.

  • Huawei's Richard Yu says phone with HarmonyOS won't come this year

    As for the timing of a phone powered by HarmonyOS, Richard Yu, CEO of Huawei's consumer business, said that the plan is not to release it this year, but possibly next year.

  • Huawei net profit up 23% year-on-year in H1 despite continued US crackdown

    Despite the continued escalation of the US crackdown, Huawei still achieved growth in revenue and net profit in the first half of the year.

  • Prominent Chinese entrepreneur slams Luckin Coffee for financial fraud, says it's a disgrace to Chinese people

    Luckin Coffee's financial fraud has sparked a crisis of confidence among international investors in Chinese companies. In his latest presentation, leading Chinese entrepreneur Yu Minhong slammed Luckin Coffee.

  • Huawei HarmonyOS is about to get an upgrade, but it may take time to be used on a phone

    Richard Yu, CEO of Huawei's consumer business, unveiled HarmonyOS at Huawei Developer Conference 2019. After a year, Huawei Developer Conference 2020 is about to kick off.

  • Xpeng added to MSCI indexes one day after IPO

    MSCI on Friday announced changes to the MSCI China All Ordinaries Index to include Chinese EV maker Xpeng Motors as a constituent of the MSCI China Standard Index and a constituent of the MSCI China Free Large Cap Index, which will be effective from September 11.

  • This is what a Xiaomi phone with under-screen camera looks like

    Xiaomi today unveiled its third-generation under-screen camera technology, dubbed "the ultimate form of full-screen", which will be in mass production next year.

  • ZTE's net profit up by 26.29% year-on-year in H1 to RMB 1.857 billion

    ZTE's first-half revenue was RMB 47.199 billion, up 5.81% year-on-year, according to the company's financial report released today.

  • NIO, Li Auto, Xpeng - Who could be the next Tesla?

    Chinese EV maker Xpeng Motors went public on August 27 on the New York Stock Exchange (NYSE), with an offering price of $15. It went up 41% on the first day of trading to reach a market capitalization of approximately $14.96 billion.

  • Xiaomi unveils third-gen under-screen camera technology, to be mass-produced next year

    Chinese smartphone maker Xiaomi today announced the release of its third-generation under-screen camera technology.