Industry

+ Follow
CnTechPost's general coverage of China's technology sector.
  • Futu, Tiger extend losses as Chinese securities regulator reportedly refine regulations

    Departments including the China Securities Regulatory Commission are working to improve the rules in line with the requirement that all financial activities should be fully regulated.

  • Futu says it always actively cooperates with regulation in response to user info security concerns

    Futu says it will continue to actively cooperate with regulators in its efforts and ongoing efforts to protect personal information.

  • Futu, Tiger Brokers shares plunge pre-market as Chinese official media flag user info security concerns

    According to an article in the online edition of the People's Daily, the issue of personal information of mainland citizens leaving the country may become a new test for Futu and Tiger Brokers.

  • Appliance giant Midea unveils OpenHarmony 2.0-based IoT system

    Midea becomes the first company other than Huawei to build an IoT system based on OpenHarmony 2.0.

  • Honor resumes ties with Google, Honor 50 series to carry GMS

    Honor has resumed cooperation with Google, and its new models in overseas markets will carry Google Mobile Services (GMS), promising to get its overseas business back on track.

  • Alibaba, Baidu take stakes in local chipmaker Phytium

    Alibaba and Baidu have taken stakes in local chipmaker Phytium Technology, according to information from data provider Tianyancha.

  • Meituan fined $533 million for forced exclusivity

    The amount Meituan was fined was lower than analysts expected and also lower than the amount fined to e-commerce giant Alibaba.

  • Luckin Coffee shares up as much as 19% after announcing 33% revenue growth for 2020

    Since its delisting on June 29 last year, the company has accumulated a 990 percent gain in the Pink Sheets market.

  • Huawei says HarmonyOS 2 surpasses 100 million users

    As of September 12, Huawei's HarmonyOS 2 user base has exceeded 100 million, about three months after its launch, according to Richard Yu, Huawei's managing director and CEO of its consumer business.

  • Alibaba to invest RMB 100 billion to help common prosperity

    Alibaba has launched the "Ten Actions to Promote Common Prosperity" and will set up a special permanent institution for this purpose.