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Beijing's flagship investment fair brought together industry leaders to explore bilateral growth across key markets, ...
Hangzhou-based Metis Pharmaceuticals is considering a Hong Kong IPO to raise up to USD 200 million, according to sources. The AI-driven drug discovery firm has raised USD 300 million to date and ...
Net profit attributable to shareholders rose 31.7% to RMB 810 million (USD 113.4 million). In Q1 2025, revenue reached RMB ...
Unitree CEO Wang Xingxing said demand for humanoid robots surged in 2024, with some firms’ orders “exploding” amid strong policy backing and AI momentum. Speaking at a Shanghai forum, he identified ...
With new products, leaner ops, and policy tailwinds, the dairy brand is aiming to bounce back from steep losses.
Mongolia’s Egune AI has raised USD 3.5 million from Golomt Bank, bringing its valuation to USD 38.5 million. The funding will support the expansion of AI tools developed in the Mongolian language and ...
Xpeng Motors shares surged over 7% to HKD 80.6 after its flying car subsidiary, Xpeng AeroHT, achieved a major milestone. Its "Land Carrier" flying vehicle (X3-F) Production Certificate (PC) ...
Hoyoverse, a subsidiary of Mihoyo and the creator of Genshin Impact, saw sales fall 23% in 2024 as newer titles reportedly cannibalized older ones. Co-founder and CEO Cai Haoyu has since stepped back ...
NEVs made up 51.5% of China's April 2025 retail sales, the first time the segment has overtaken combustion models. Exports rose 44.2% YoY, led by BYD, Tesla, and Chery. With 67.7% of global NEV share ...
Mengniu Dairy’s 2024 profit fell 97.8% YoY to RMB 105 million as goodwill impairments and weak milk sales dragged results. Its infant formula business remains under pressure, but new policies and a ...
China’s Sany Heavy Industry is targeting RMB 100 billion in overseas revenue by 2027, as international markets play a growing role in its business. A proposed USD 1.5 billion Hong Kong IPO would fund ...
CATL will exclude US onshore investors from its planned Hong Kong IPO, opting for a Reg S structure to limit legal exposure. Expected to raise at least USD 4 billion, the closely watched listing faces ...
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