Tech Industry

Baidu reportedly plans to file for HK listing after Chinese New Year

Baidu started the process of secondary listing in Hong Kong on January 20 and plans to formally submit its listing application in Hong Kong after the Chinese New Year, according to Tencent News.

China Mobile says it has 165 million 5G subscribers

China Mobile's 5G subscription customer base grew by a net 17.621 million in December 2020 to reach a cumulative 165.03 million, according to figures released by the company today.

China-made UOS developer says its desktop ecosystem ready to replace Windows 7

China-made Unity Operating System (UOS) now supports all CPU platforms, and a large number of software adaptations have made its desktop ecosystem capable of replacing Windows 7, according to Union Tech, the developer of the OS.

Luckin Coffee reopens retail partner recruitment program

Luckin Coffee announced on January 18 that it is reopening its retail partner recruitment program with immediate effect, releasing franchise applications.

Global gaming industry investment reaches $33.6 billion in 2020, with China accounting for 27%

The United States dominated investment in the gaming industry last year, accounting for 36 percent of the total deal value, followed by China at 27 percent, according to a new report.

Privately held Chinese rocket company iSpace completes landing gear buffer tests

iSpace, a privately owned Chinese launch vehicle company, recently completed performance tests, vibration tests and high and low temperature tests of its SQX-2 landing gear buffer, saying the results show the product is ready for delivery.

Xiaomi denies ties to Chinese military

Xiaomi said the company is currently operating normally.

Xiaomi shares plunge 10% as it is added to US 'blacklist'

Xiaomi has a number of stakeholders in the US. It is a large customer of Qualcomm, accounting for 66% of the chipmaker's shipments in China.

Vipshop investigated for suspected unfair competition

China's State Administration for Market Regulation (SAMR) recently opened an investigation into Vipshop for suspected unfair competition, according to Xinhua.

Chinese video platform Bilibili has filed for listing in Hong Kong, plans to go public in March, report says

Although Bilibili's listing team hopes to officially ring the bell in Hong Kong in March, its specific timeline will still need to be arranged according to the HKSE's timing for passing the hearing.
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