Industry

Tencent Cloud announced on October 14 that it has opened its first 5G edge computing center, which is being deployed to address issues such as lack of computing power and network latency that have long plagued real-time HD audio and video, smart communities, smart healthcare, industrial Internet and other scenarios.

Citi analyst Jeff Chung upgraded the stock rating of Chinese EV maker NIO (NYSE: NIO) from "Neutral" to "Buy" with a price target of $33.20 from $18.10.

Huawei Ark Compiler has added support for C language, which is the basis for implementing mixed Java and C compilation.

Volkswagen's new all-electric compact SUV, the Volkswagen ID.4, will be released in China on November 3, according to industry media Evzhidao.com.

Hangzhou Municipal Government and Ant Group signed a strategic cooperation framework agreement, and Ant Group's global headquarters officially settled in Hangzhou to accelerate the creation of the country's "first city of digital economy".

Chinese investment bank CICC on October 14 initiated coverage on Niu Technologies (NIU), giving the company an Outperform rating and a price target of $31.00, corresponding to 30x 2021 P/E.

Cyber-criminals spend hours at a time trying to hack business websites and exploit the data these domains contain. If your web-based technology is compromised, you will lose a lot of money.

Baidu's cloud-based universal AI chip Baidu Kunlun, developed by Baidu, is already in use on Baidu's own search engine, which is handling a large number of requests on searches every day, Baidu vice president Wu Tian said on October 14.

Recently, news of a collision between a Li ONE, the only model by Chinese electric vehicle (EV) maker Li Auto (NASDAQ: LI), with driving assist on and a truck has sparked concern in China.

Tesla has reportedly given up on conducting public relations, but that doesn't seem to apply to the Chinese market.