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Chinese EV maker Hozon appoints CICC and Morgan Stanley for $1 billion Hong Kong IPO

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CFO says BMW expects this year to be better for sales in China 

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ASML’s export of chip-making machines to China valid until year-end

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Xiaomi’s first phase EV factory completes construction

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Chinese lifestyle app Xiaohongshu’s ecommerce platform to cease operations 

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Tencent set to unveil its own LLM in early September

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Dingdong Maicai witnesses nearly 30% Q2 revenue decline amid cutbacks in loss-incurring regions

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Tesla prices revamped Model 3 higher than expected in China

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China Mobile launches 5G super network supporting the metaverse industry

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India’s JSW Group seeks tech license from Chinese EV maker Leapmotor 

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Chinese tech firm Zhipu AI launches generative AI assistant Zhipu Qingyan

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BYD to launch second EV model in the Japanese market

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Over 1 million users rush to try Baidu’s ChatGPT equivalent on the first day

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Apple reduces 3nm orders from TSMC

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Bibibili introduces Japanese hit game Pretty Derby in China

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Former Xpeng VP returns as advisor following management shakeup: report

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11 Chinese tech companies granted permission to fully release ChatGPT-like tools

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China approves 31 imported games in August, including titles by Tencent and NetEase

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Baidu opens Ernie Bot to public after regulatory approval

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CATL denies reports of European Commission investigation of battery plant in Hungary

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Chinese selfie app maker Meitu launches digital human generator DreamAvatar

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Huawei’s net profit in first half of 2023 sees a 218% year-on-year increase

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Changan, CATL, and Huawei-backed EV startup raises $410 million despite sluggish sales

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VW-backed battery maker Gotion reports strong overseas revenue growth

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Chinese automaker Neta completes crossover funding round of RMB 7 billion

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Huawei springs surprise with early sales of Mate 60 Pro, remains tight-lipped on 5G-like processor

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FAW-Volkswagen welcomes new exec amid digitalization in automotive industry 

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Xiaomi president makes clarification on the 4.8 billion fund in its legal dispute in India

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Chinese automaker GAC Group plans to accelerate international expansion

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Xiaomi’s president says its EV manufacturing progress is beating expectations

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Nio expands workforce, sales network after Q2 losses widen

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ByteDance’s OceanEngine introduces free AI script-generation tool

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PDD reports 66% revenue surge and 47% profit growth in Q2

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Sequoia-backed robotruck startup marks 30 million miles with zero accidents

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China introduces policies aimed at supporting young talent in sci-tech fields

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China has 1.079 billion netizens and an internet penetration rate of 76.4%

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Alibaba VP denies acquisition of former exec’s cross-border e-commerce startup

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Express courier firm SF Holding sees revenues fall in first half of 2023

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Chinese automaker Great Wall Motor enters Indonesia

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Temu dives into Southeast Asia, takes on TikTok Shop and Alibaba’s Lazada

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Realme Buds Air5 launched in China, featuring 50dB ANC

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BYD bucks trend with margin improvement, profit leaps

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iFlytek poised to launch GPT-4 competitor

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Nio CEO says EV firm’s forthcoming phone is comparable with Android flagship devices

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Meizu 20 Pro customized version launched, features smart car key

1165 dni temu

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Alibaba grocery subsidiary Freshippo undergoes restructuring amid price war

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Chinese EV brand Zeekr seeks government approval for US IPO 

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Xpeng CEO expects 100,000 annual new EV sales through Didi partnership

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Rokid launches AR Studio package with gesture control

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BYD subsidiary buys Jabil Circuit’s product manufacturing business in Chengdu and Wuxi

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Alibaba Cloud launches open source Large Vision Language Model Qwen-VL

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How to send fireworks, balloons, hearts, and other flair in iMessage

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