BAIC Group's Arcfox to Increase Vehicle Prices
Arcfox, an electric vehicle brand owned by BAIC BluePark New Energy, said on Wednesday that it has decided to increase vehicle prices from May 1.
4/7/20222 min read
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Long Day's Journey into the Night — Probing the Boundaries of Chinese Art Films
On the evening of Dec.31, the artistic film named Long Day's Journey into the Night, with the literal translation “last night on earth”, became a huge hit, which matches perfectly with the occasion of its release.
1/13/20198 min read
Chinese Bottled Water Giant Nongfu Spring Soars in Hong Kong Debut, Founder Becomes China’s Richest Man
Shares of Chinese bottled water giant Nongfu Spring soared in their debut on the Hong Kong stock market Tuesday, boosting the fortunes of its founder Zhong Sha...
9/9/20201 min read
Vivo's New Sub-Brand iQOO Expected to Focus on High-End Phones
With the coming of the 5G era, Vivo is expected to launch a new flagship sub-brand named iQOO.
Alibaba-Backed IM Motors Completes Initial Funding Round
Chinese EV brand IM Motors announced on August 1 its signing of a Round-A Equity Financing Agreement, bringing the company's overall valuation to nearly 30 billion yuan ($4.4 billion).
8/2/20222 min read
Luckin Coffee Finds $300M in Revenue Fraud
Luckin Coffee announced Wednesday that an internal investigation of its financial misconduct found the company inflated its 2019 net revenue by approximately 2.12 billion yuan ($300 million).
Tencent Stocks Tumble after Profit Dropped for First Time in 13 Years
One of China's largest technology companies, Tencent Holdings Ltd., published its quarterly results on August 15, showing a year-over-year profit drop for the f...
8/16/20182 min read
Ford's China EV Business to Be Run as Independent Firm
The China arm of American multinational automobile manufacturer Ford announced on September 26 that it would work to accelerate electric transformation in the country by operating its EV business through FMeT, an independent company.
9/26/20223 min read
High-end Tesla Model 3 and Model Y Increase by $1,581 in China
On Thursday, the official website of Tesla China indicated a price increase of 10,000 yuan ($1,581) for both the Model 3 Performance and Model Y Long Range, Performance versions.
3/10/20222 min read
Full-screen Huawei Nova 3e: May be Priced at 1699 yuan
Although the Huawei P20 Lite will not be released until March 27, the Chinese version, the Huawei Nova 3e will debut soon. Recently, promotional posters and pho...
3/13/20183 min read
XPeng Motors Joins Three Major European Automobile Associations
On Monday, XPeng Motors announced that it has become the first Chinese brand to join three major European automobile associations at the same time.
3/14/20222 min read
Chinese Internet User Count Hits 772 million, 90 Percent on Mobile
On January 31, the China Internet Network Information Center (CNNIC) released the 41st statistical report of China Internet network development in Beijing. As o...