Tech Industry
Baidu makes secondary listing in Hong Kong, marking start of its 'second venture'
Baidu opened at HK$254 per share on its debut, up 0.79 percent from its offering price of HK$252, giving it a total market capitalization of HK$718.526 billion ($92.5 billion).
Former Honor VP said to have joined OnePlus as VP
Li was one of the most experienced executives in Honor's mobile sales department and was the key figure in setting up Huawei's entire sales system.
RLX Technology plunges nearly 50% as China's e-cigarette industry faces tougher regulations
As of press time, the company's shares are down more than 38 percent and its market value has evaporated by more than $7 billion.
Medical aesthetic services platform So-Young posts RMB 425 million in Q4 revenue, a single-quarter all-time high
Its gross margin for the quarter was 85.0%, compared to 83.7% in the same quarter last year. On a non-GAAP basis, net income for the quarter was RMB 62.2 million.
ByteDance acquires gaming studio Moonton, valuing it at reportedly about $4 billion
Beijing-based TikTok owner ByteDance has agreed to acquire Chinese gaming studio Shanghai Moonton Technology, the latter said on March 22.
Chinese central bank official explains how e-CNY handles user privacy
E-CNY, China's digital currency, features "controlled anonymity," a Chinese central bank official said recently.
Huawei to hold developer conference from April 24-26
The main Huawei Developer Conference 2021 (Cloud) will be held in Shenzhen, China, with more than 70 sessions around the world.
China's latest breakthrough lays foundation for heavy-lift launch vehicle development
A Chinese state-owned conglomerate has successfully developed the country's first 2.5-meter diameter class of heavy-duty hydrogen-oxygen engine nozzles, laying the foundation for the development of heavy-lift launch vehicles.
The9 signs purchase agreement with Bitmain for 24,000 S19j miners
The new miner requires fewer resources to mine a single bitcoin because of its much higher hash rate.
HiSilicon said to launch Kirin 9000L chip with Samsung 5nm EUV process
Huawei's semiconductor business HiSilicon will launch the Kirin 9000L chip, which uses Samsung's 5nm EUV process, several Weibo users said recently.