Industry

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.

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

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.

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.

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.

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.

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.

Yangtze Memory Technologies, China's top memory chipmaker under the umbrella of Tsinghua Unigroup, today announced the launch of ZHITAI, a sub-brand for 3D NAND flash memory products and solutions Market.

Chinese EV maker NIO announced Thursday to additionally offer 75 million American depositary shares (ADS), each representing one Class A ordinary share.

UnionTech OS V20 Personal Edition (1010) was released Thursday, offering features including a newly designed launcher menu, dual kernel mechanism, system experience tools, system backup and restore, fingerprint recognition, and system security enhancements.