Xiaomi settles lawsuit with US Department of Defense, to be moved off blacklist

Xiaomi's shares traded in Hong Kong surged Wednesday, rising 6.1 percent to HK$26.1 by the close of trading.

Pinduoduo founder Colin Huang becomes China's top donor

Huang previously joined the Pinduoduo founding team in donating 2.37% of his shares to establish the Prosperity Charity Foundation to promote social responsibility and scientific research.

Gigabyte sparks controversy by mocking 'Made in China' as low quality

On JD.com the product is no longer searchable in both Chinese and English using "Gigabyte".

Chinese social platform Soul files to list on NASDAQ

Soul's revenue in 2020 was RMB 498 million ($78 million), up 604.3% year-on-year, the company's prospectus showed.

Alipay starts testing support for e-CNY

Alipay connects more than 80 million merchants and over 2,000 financial institution partners, with over 1 billion users in China.

Xiaomi surpasses Apple to reach second place in Europe smartphone market share for first time

Xiaomi had its best-ever single quarter, up 62 percent year-on-year, with 49 million units shipped.

Luckin Coffee sued by US stock investors in Shanghai, first case of its kind

There is no precedent for an investor suing a US-listed company in China, making this case the first of its kind.

Sony launches PS5 in China

Sony launched the PlayStation 5 in China on April 29, with the Digital Edition priced at RMB 3,099 ($479) and the Standard Edition priced at RMB 3,899.

China's Q1 smartphone shipments up 27% year-on-year, first growth in four years

Vivo took the crown in China, with shipments of 21.6 million units, up 79 percent year on year.

China's space station core module launched into orbit

Tiangong, China's space station project, will be completed next year with the launch of two experimental modules, Wentian, the Experimental Module โ… , and Mengtian, the Experimental Module โ…ก.
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