Phate Zhang

  • Gaotu refutes 16 past shorting attacks with 2020 Deloitte audited annual report

    The company's shares rose 15% on Monday.

    Industry
    0

  • Analysts expect Meituan to face fines from RMB 4 to 12 billion

    Meituan faces a fine range of RMB 4 billion ($616 million) to RMB 12 billion, BOCOM International said in a report Tuesday.

    Industry
    0

  • Meituan opens 1.64% lower after anti-monopoly probe

    China's State Administration for Market Regulation announced on Monday that it had opened an investigation into Meituan's alleged monopolistic practices such as "forced exclusivity".

    Industry
    0

  • Meituan under antitrust probe

    Chinese market regulator has opened a case against China's online service super-app Meituan for alleged monopolistic practices including "forced exclusivity".

    Industry
    0

  • TSMC said to spend $2.9 billion to expand production in Nanjing to alleviate global chip shortage

    Unlike cell phones, game consoles, and other consumer electronics products, the automotive requirements for the chip process are not very high, and 28nm chips are enough.

    Industry
    0

  • Chinese e-commerce giant JD.com pilots payroll using e-CNY

    Employees can deposit their e-CNY paychecks to their personal bank cards, or use them at e-CNY offline scenes, as well as when purchasing goods from JD.com.

    Industry
    0

  • Apple TV China Edition said to have won green light to go on sale

    Apple last week announced Apple TV 4K with the A12 chip, support for Dolby Vision, and high frame rates for HDR content, the first update to Apple TV since 2007.

    Consumer Tech
    0

  • China developing heavy-lift launch vehicle to pave way for lunar base

    The country is developing a heavy-lift launch vehicle with a 10-meter diameter and a lunar orbital capacity of no less than 50 tons, the company's designer, Mou Yu, said at the China Space Conference 2021.

    Industry
    0

  • Dissatisfied with setting of game's characters, man arrested for trying to assassinate miHoYo's founders

    The report said there were rumors that the suspect's motive was related to the recent furore in China over miHoYo's mobile game Honkai Impact 3rd.

    Industry
    0

  • Hong Kong-listed firm's share price doubles after Tencent takes stake

    Feiyu was up 118% at one point in early trading and has now pared its gains to about 63%.

    Industry
    0