Industry

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.

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%.

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.

On August 24, Baidu Apollo was granted permission to carry out manned automated driving tests in Beijing, which can be experienced by ordinary users.

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.

The Deepin OS team today announced the release of Deepin OS V20 (1001) update 1 public beta, 20 days after the release of  version 20 (1000).

On August 20, NIO officially launched its Battery as a Service (BaaS), which provides a new way to purchase a vehicle with a separate body and battery, allowing users to purchase a NIO without purchasing a battery pack.

Ant Group said in its IPO prospectus that it is participating in research and development trials of digital RMB, adding that there is no timetable for the official launch of digital RMB and that it is difficult to assess the impact of such work on the company's business, financial condition and results of operations.

Chinese drone maker DJI today launched the programmable drone RoboMaster TT Creativity Kit, a drone education platform designed for teaching scenarios in schools and training institutions.

Chinese ride-hailing platform Didi Chuxing announced its entry into Russia today, making the country its ninth overseas market and the first European country it has entered.