Tech Industry

Ant Group, controlled by Alibaba founder Jack Ma, filed a listing prospectus with China's Nasdaq-style sci-tech innovation board, also known as the STAR market, and concurrently filed an A1 Application Proof with the Hong Kong Stock Exchange, a key step towards its A+H dual listing.

Luckin Coffee, which is embroiled in the financial fraud controversy, announced on Weibo on August 24 that it has opened a flagship store on China's emerging e-commerce platform Pinduoduo to sell coffee, coffee cups and other products.

Sun Guofeng, director of the Monetary Policy Department of the People's Bank of China, the central bank, said on August 25 that digital RMB is still in the internal closed pilot testing phase and has not yet been officially launched, with no specific timetable.

A patient recovered from novel coronavirus pneumonia has tested positive again after returning to Hong Kong from Europe. A team from the Department of Microbiology at the University of Hong Kong confirmed that the patient was infected with the novel coronavirus for the second time, the first such case in the world.

If China's central bank's digital RMB offering is successful, it will likely have an impact on the current Chinese mobile payment landscape. So, will Alipay and WeChat Pay be eliminated?

Taichi, a programming language designed for high-performance computer graphics, has released version 0.6.29, bringing a number of feature optimizations.

In May 2019, five Baidu executives left the company, four of whom are members of the management team of Baidu Search. According to Tencent News, two of those four executives have joined ByteDance, namely Wu Haifeng and Sun Wenyu.

A recent move by a branch of China Unicom to put some of its 5G base stations to sleep at night in order to save power has attracted widespread attention. In response, the company's chairman said that this is a normal practice and there is no need to make a fuss.

China has chosen to use Gitee to build an "independent, open source hosting platform", a decision made public in the results of a tender for the "2020 Open Source Hosting Platform Project" announced by the Ministry of Industry and Information Technology (MIIT) on July 14.

Huawei has announced that it will be holding a keynote speech at IFA 2020 in Berlin, Germany on September 3, 2020 at 2:00 p.m. The keynote will be titled "Huawei's Vision for a Seamless AI Life."