Phate Zhang

This will be a key step in OceanBase's evolution from closed-source software sales to an open-source business model.

Chinese beauty app Meitu once had a large gain after following the lead of Tesla in investing in cryptocurrencies, but the company has lost more than $2 million on its investment as the price of such assets has fallen sharply recently.

By 2020, the overall output value of China's satellite navigation industry has exceeded 400 billion yuan, with an average annual growth of more than 20 percent.

As of press time, Xiaomi shares traded in Hong Kong were up about 1 percent to HK$28. The stock has fallen more than 20 percent so far this year.

The high-speed train can reach a speed of 300 meters per second, which is equivalent to the speed of a conventional bullet, just like "Let The Bullets Fly."

With HarmonyOS on board Huawei phones, EMUI, the Android skin previously used by the company's devices, is expected to be gradually phased out.

Honor's official German Twitter account said on May 21 that the Honor 50 overseas version will come with Google services, which means the biggest factor holding up its sales will be removed.

Wang Chenglu, president of Huawei's consumer business software division, said HarmonyOS will soon be open source and the company will conduct HarmonyOS-related courses at 15 schools, including Wuhan University.

Honor's market share in China dropped to a low of 3 percent and has now recovered to 8 percent, its CEO George Zhao said.

Tencent posted revenue of RMB 135.3 billion ($21 billion) in the first quarter, up 25 percent from a year earlier, beating analysts' estimates of RMB 133.75 billion.