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QuantInfo Technology, a Shanghai-based company that provides quantitative trading technology and services, announced that it has completed a B round of financing worth over 100 million yuan ($15.7 million).
ByteDance's Douyin, the sister app of TikTok for mainland China, has set up a new branch responsible for local life business in Chengdu, Sichuan Province and has also set up on-demand delivery and community group-buying distribution businesses.
Apple will officially start mass production of the first generation MR (Mixed Reality) product Vision Pro in December this year, significantly boosting mainland China's supply chain.
S&P Dow Jones Indices (S&P DJI) announced on Monday that Xiaomi is eligible to be included on indices again after it won a court ruling which temporarily lifted a US government investment ban in the Chinese smartphone maker.
Representatives from Nexperia, a subsidiary of Shanghai-based Wingtech Technology, announced on Monday their acquisition of the largest producer of semiconductors in the UK, Newport Wafer Fab (NWF). Following the agreement’s implementation, the Welsh facility is to be redubbed “Nexperia Newport”.
Chinese technology company Meitu expected to record a net loss of 274.9 million yuan to 349.9 million yuan ($41.1 million - $52.3 million) for the six months ending June 30, 2022. The firm said this is mainly due to the imbalance of purchased cryptocurrencies.
Jonjee Hi-Tech owned by Baoneng Investment Group issued a reply to announcement on receiving a Supervision Letter from the Shanghai Stock Exchange, disclosing the amount of debt and the assets of its holders.
The annual CCTV Spring Festival Gala in China will be broadcast on WeChat Channels, ByteDance's Douyin and Kuaishou, among which Douyin may serve as one of the event sponsors.
On Wednesday, Jensen Huang, CEO of Nvidia, reiterated the company's commitment to the Chinese market at the 2023 DealBook Summit.
Chinese smartphone brands Oppo and Vivo (OV) may have stellar performance at home, but they are slowing down in the India market. SEE ALSO: OPPO to Invest 2.2B...
The cryptocurrency market took a dive on Monday after China broadened its clampdown on cryptocurrency mining to the southwestern province of Sichuan.
Xiaomi reported steady revenue growth in the first quarter of 2020 despite the disruptions in supply and shipment caused by the COVID-19 pandemic.