Tech Industry

One of the most likely scenarios in Huawei's response to US sanctions would be the sale of its Honor smartphone business, said Ming-Chi Kuo, an analyst at Tianfeng International.

Shares of US-listed Chinese video streaming site iQIYI  (Nasdaq: IQ) opened up more than 3 percent after the company said an internal investigation found no evidence to support allegations of short-selling agencies.

Shares of US-listed Chinese EV makers were higher in pre-market trading on October 5 as positive news spurs investor interest.

The Chengdu-Chongqing high-speed railway line is being upgraded, and will be opened for debugging after the National Day. After the debugging is completed, the whole operation of high-speed rail from Chengdu to Chongqing will be shortened to less than one hour, Xinhua News Agency quoted China Railway Construction Corporation (CRCC) as saying on October 5.

SMIC shares were down 4.86% at HK$17.24 in Hong Kong in early morning trading after the company on Sunday confirmed in an announcement on the Hong Kong Stock Exchange about US export restrictions.

Samsung has regained its position as the world's smartphone leader in August and distanced itself from Huawei, with a market share gap of around 6 percentage points between the two sides, according to a new report from market researcher Counterpoint.

A video showing a student at Tsinghua University holding a laptop running a program while riding a bicycle has recently been widely circulated on the Chinese Internet.

Chinese chipmaker SMIC announced today in a filing to the Hong Kong Stock Exchange that, after several days of inquiries and discussions with suppliers, it is aware that the United States has required some of its suppliers to obtain licenses before supplying to it, and is currently assessing the impact of this requirement.

Last week, Honor partnered with China's online-service super-app Meituan to launch a "shared laptop" service during this year's National Day, and now their joint shared tablet is here as well.

Huawei is attracting a lot of attention as one of the few Chinese companies with a significant presence in the chip space, and the China Industrial Securities computer team took a comprehensive look at Huawei's chip footprint earlier this year.