Phate Zhang
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Xiaomi sells 28.3 million smartphones in Q2, down 3% from Q1
Chinese smartphone maker Xiaomi sold 28.3 million smartphones in the second quarter, down 3 percent from 29.2 million in the first quarter, according to the company's financial report released on August 26.
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China's chip imports expected to exceed $300 billion this year
China's 2020 chip imports are expected to remain above $300 billion for the third consecutive year, said Wei Shaojun, deputy director of the China Semiconductor Industry Association, at the World Semiconductor Congress in Nanjing.
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NIO stock soared 19%, what happened?
The ADR shares of Chinese electric car company NIO soared to an all-time high on Tuesday as more and more skeptics turned into its believers.
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Xpeng plans to raise $1.28 billion in US IPO, priced above range
Tesla's Chinese rival, Alibaba-backed EV maker Xpeng Motors plans to raise $1.28 billion in an IPO on the New York Stock Exchange, priced above the initial range, according to IFR.
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Chinese e-commerce platform Pinduoduo becomes youngest Nasdaq 100 index company
The Nasdaq Stock Exchange on Tuesday included Pinduoduo as a constituent of the "Nasdaq 100 Index", making the Chinese e-commerce company the youngest current constituent of the index.
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NIO shares surge 19% as UBS raises its rating from 'sell' to 'neutral'
UBS raised its rating for Chinese EV maker NIO from "sell" to "neutral", bumping its price target from $1.00 to $16.30 which represents a jump of 1,530%.
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China's commercial space sector sees largest single round of funding on record
On August 25, Beijing-based i-Space, also known as Space Honor (星际荣耀), announced the completion of RMB 1,192.5 million in Series B financing, which is the highest single round of financing in China's commercial space industry.
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Huawei announces Sept 10 launch event, HarmonyOS-powered laptop, watch, band expected
Huawei today announced on Weibo that it will hold a full-scene new product launch event on September 10 at 8 p.m. Beijing time.
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Baidu Apollo opens manned autopilot test in Beijing
On August 24, Baidu Apollo was granted permission to carry out manned automated driving tests in Beijing, which can be experienced by ordinary users.
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Huawei, Samsung almost tied for No 1 smartphone maker in Q2, Gartner data shows
In the second quarter, Huawei's phone sales essentially tied Samsung, with the gap between the two narrowing to 634,400 units, according to market research firm Gartner.