Business

Geely Sales Up 11% In September 2020

Geely Automobile Holdings Limited recently published an announcement, stating that the company's total sales in September 2020 reached 126,400 units, representing an increase of...

Jack Ma Steps Down As Director of Alibaba Group

According to Alibaba's announcement on the Hong Kong Stock Exchange, Jack Ma will no longer serve as a director of Alibaba Group in accordance...

Ant Bank Formally Opened In Hong Kong

According to reports in Chinese local media, Ant Group's Ant Bank (Hong Kong) formally started operation in Hong Kong on September 28, 2020, providing...

Genvict Signed Cooperation Framework Agreement With Baidu

Shenzhen Genvict Technologies Co., Ltd. recently published an announcement, stating that the company signed an intelligent transportation ecological cooperation framework agreement with Baidu Apollo,...

Bank of Communications Reached Comprehensive Strategic Cooperation With Alibaba, Ant

China's Bank of Communications recently reached comprehensive strategic cooperation with Alibaba Group and Ant Group. According to the agreement signed by the three parties, they...

CITIC Reached Comprehensive Strategic Cooperation With Alibaba, Ant

According to reports in Chinese local media, CITIC Group recently reached a comprehensive strategic cooperation agreement with Alibaba Group and Ant Group. The three parties...

CATL To Invest CNY44 Million In Neo Lithium

According to reports in foreign media, Neo Lithium, which is listed on the V board in Toronto, Canada, announced the signing of an equity...

BYD's Lithium Iron Phosphate Battery Factory In Brazil Started Production

BYD's lithium iron phosphate battery factory in Manaus, Brazil recently started formal production with annual capacity of 18,000 battery modules. With an investment of about...

ByteDance May Enhance Investment In Singapore

According to information from an insider, ByteDance plans to focus on the Singapore market and it will take the marketplace as a position for...

JDD, H3C Reached Strategic Cooperation

JDD, formerly known as JD Finance, and H3C reached strategic cooperation and the two parties will fully play their technology and resource synergy advantages...

Country Garden Former VP Joined Xiaomi

Xiaomi Group recently announced its latest executive appointment and said that Peng Zhibin, former vice president of Country Garden, had joined Xiaomi as Xiaomi...

Wuhan To Build China's Largest 5G Autopilot Demonstration Area

According to information from Wuhan Development Zone, the National Intelligent Connected Vehicle (Wuhan) Test Demonstration Area will be further expanded in 2020 and it...

Suning.com Reported Operating Revenue Of CNY118.424 Billion In H1 2020

Suning.com recently published its financial report for the first half of 2020, stating that its operating revenue was CNY118.424 billion, a year-on-year decrease of...

Skyworth Reported CNY15.979 Billion Turnover For H1 2020

Skyworth Group recently announced its interim results for the first half of 2020, stating that its turnover reached CNY15.979 billion and its profit attributable...

Huami CFO Resigned

According to reports in Chinese local media, Huami's CFO Cui Dawei submitted resignation for personal reasons, effective on October 1, 2020. After the resignation, Cui...

Meituan Dianping Net Profit Up 82% In Q2 2020

Meituan Dianping recently published its interim performance report for 2020, stating that during the second quarter of 2020, the company's operating revenue reached CNY24.72...

Xiaopeng Motors Eyes NYSE Listing On August 27

According to reports in foreign media, Xiaopeng Motors plans to submit its IPO application this week and the company will be officially listed on...

Samsung To Close Last Computer Factory In China

According to reports in foreign media, Samsung recently announced to terminate operation of its last computer factory in China. The factory is located in Suzhou...

Baidu, CNBM Signed Strategic Cooperation Agreement

According to reports in Chinese local media, Baidu and China National Building Material Group have signed a strategic cooperation agreement. Based on the agreement, the...

Tencent May Bid For French Mobile Game Publishing Company Voodoo

According to reports in foreign media, Tencent is considering bidding for a minority stake in French mobile game publisher Voodoo. Voodoo's representative works include Roller...

Microsoft To Separate Xiaoice Into Independent Company

Microsoft announced to separate its artificial intelligence Xiaoice business into an independent company with Shen Xiangyang as chairman, Li Di as CEO, and Chen...
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