Industry

Nio shares increased by 23.95% to $11.62 in early trading on Monday after the company reported that it delivered 10,331 vehicles in the second quarter, exceeding its previous expectations.

Huawei ranked first in the 5G telecom equipment market in Q1 with a 35.7% market share, well ahead of the second place holder Ericsson's 24.6%.

Chinese online media company Sina has received a preliminary non-binding privatization offer of $41 per share. The company is up more than 10 percent pre-market, with its shares trading close to $41 on the news.

Britain's decision to allow Huawei to play a limited role in building its 5G network is not "fixed in stone" and is being reviewed following the imposition of U.S. sanctions, said Oliver Dowden, the country's culture minister, on Monday.

In the first quarter of this year, quad-camera phones accounted for almost 20 percent of global smartphone shipments. OPPO, Xiaomi, Huawei and Samsung together account for 83 percent in the nearly 60 million quad-camera smartphone shipments globally, according to a Counterpoint report.

In the second quarter of this year, TSMC held 51.5% of the global foundry market share, topping the list, according to TrendForce.

Recently a Model 3 in China crashed into a truck while on autopilot, drawing widespread attention. In respond to this Tesla China gave their explanation. 

SMIC's current projects do not require EUV lithography at the moment, said Zhou Zixue, Chairman of China's biggest foundry Semiconductor Manufacturing International Corporation (SMIC).

Chinese smartphone maker OPPO today announced that it has partnered with Vodafone and Ericsson to complete the UK's first 5G SA network and provide the first 5G SA network slicing service.

In the first half of the year, Tencent made public nearly 60 investment cases, investing in one company every three days on average.