Industry

But at one point in this U-shaped move, Xiaomi investors who participated at the IPO lost more than 50 percent of their money.

NIO today released details of used car trading and officially launched its used car trading business.

Chinese electric vehicle (EV) maker NIO (NYSE: NIO) delivered a total of 7,007 new vehicles in December, the fifth consecutive month with a record number of deliveries in a single month.

"The news that the official website system encountered a massive order cancellations is untrue, and we have already launched a complaint against the relevant platform," NIO said.

Tesla delivered 180,570 units in the fourth quarter and saw 499,550 cumulative deliveries in 2020. It's a new milestone for the electric car maker, but slightly below CEO Elon Musk's goal of delivering 500,000 units for the year.

Huawei is about to hold a new event that is expected to launch high-end models of the MateBook 13 and MateBook 14, while the PC Huawei app market should be a major highlight of the new machine.

In the view of an industry association, the significant price cuts for the Tesla Model Y in China will have a huge impact on the luxury car market, not the emerging car makers.

Li Auto said it also had a record number of new orders in December but did not disclose specific figures.

The dispute between Huawei and Tencent may have come to an end.

It is not only the hope of Tencent or even the Chinese game industry to ease their burden as developers, but also the helplessness of Chinese Android phone makers such as Huawei.