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Tencent spends HK$14.2 billion on share incentive
Chinese social media and gaming giant Tencent Holdings announced on 10 July that it would issue 26.64 million new shares under its share award scheme to give more than 29,700 people incentive shares.
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Shanghai opens first downtown area autonomous driving test zone
Shanghai's first open test road for autonomous driving in the central city is unveiled, with a planned mileage of 30.6 km, involving 10 roads in the Jinqiao area.
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PUBG Mobile has highest overseas revenue among apps from Chinese vendors in June
PUBG Mobile, Rise of Kingdoms, Knives Out are the top three Chinese vendor apps with the highest overseas revenue in June, according to App Annie.
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China Telecom, State Grid, Huawei build China's largest 5G smart grid
China Telecom today announced the delivery and commissioning of the first phase of the Qingdao 5G Smart Grid Project, jointly developed with State Grid and Huawei. It marks the completion of China's largest 5G smart grid.
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US bank Wells Fargo asks employees to delete TikTok from work phones
US bank Wells Fargo has asked employees to delete social network TikTok from their work phones due to concerns about the security.
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Nio's local rival Li Auto files for US IPO of up to $100 million
Li Auto, a Chinese electric vehicle maker and Nio's major rival, today filed a prospectus with the U.S. Securities and Exchange Commission for a Nasdaq IPO that will raise up to $100 million with the stock symbol "LI".
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Chinese video site Bilibili's first satellite launch fails after several delays
After multiple times of delays, the first satellite launch mission commissioned by Chinese video platform Bilibili has failed.
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Tesla produced 49,800 Model 3s in China in first half of the year
China-made Tesla Model 3 production in the first half of the year was 49,800 units, ranking first in China's pure electric passenger car, according to the data released by China Automotive Power Battery Industry Innovation Alliance.
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More than 60% of phones shipped in China in June were 5G phones
In June 2020, China's mobile phone market shipped 286.3 million units, down 16.6% year-on-year, according to a report released by the China Academy of Information and Communications Technology (CAICT).
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Huawei Mate X, Mate Xs get EMUI 10.1 update
According to Huawei EMUI, the Mate Xs and Mate X get EMUI 10.1 Update.