Business

Baofeng Group Formally Delisted

According to the latest information from Shenzhen Stock Exchange, Baofeng Group will be formally delisted. As of November 9, 2020, Baofeng Group's closing price was...

Cainiao's EWTP In Malaysia Starts Operation

Cainiao's another eWTP digital hub recently started formal operation in Kuala Lumpur, Malaysia, which will help the country become a high-growth regional logistics center,...

37 Interactive Entertainment Net Profit Up 7.22% In Q3 2020

Chinese online game company 37 Interactive Entertainment recently released its report for the third quarter of 2020. The report showed that the company's operating revenue...

Xiaomi Group Buys Land For International Headquarters In Shenzhen For CNY531 Million

According to reports in Chinese local media, Xiaomi recently purchased a commercial site for CNY531 million. The site is located in the central area of...

Yiche's Privatization Agreement Approved By General Meeting Of Shareholders

Yiche recently announced that the company's privatization agreement reached previously had been approved by shareholders at an extraordinary general meeting. In June 2020, Yiche Holding...

Tencent May Increase Stake In UMG By 10%

According to reports in foreign media, Tencent plans to increase its stake in Universal Music Group by 10% before its option expires in January. At...

Baidu's Self-driving Taxis Fully Opened In Beijing

Baidu announced on its official Weibo that its self-driving taxi service has been fully opened in Beijing. People in Beijing can directly place an...

IFlytek Established Big Data Company In Zunyi

According to information from Tian Yan Cha, a business information inquiry website, Zunyi Xunfei Super Brain Big Data Company Limited was established on September...

Uxin Signed Stock Offering Agreement To Raise USD25 Million

China's Uxin Limited published an announcement, stating that the company has signed final stock offering agreements with two investors. According to the agreements, Uxin will...

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...
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