NIO's Shares Soar 76% on Second U.S. Trading Day
For William Li, Founder and CEO of the recently public EV startup NIO, the past few days must have been unforgettable. Priced near the bottom of its target rang...
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A Proper Theory for China’s Romance with Africa
Earlier this month, from the gallery of the Great Hall of the People in Beijing, I watched Chinese President, Xi Jinping, give a speech at the just concluded Fo...
Why are Chinese Companies 'Unwelcome' in US?
During the first month of 2018, the major Chinese companies Alibaba and Huawei were denied access to the US market. Undeniably, the cautiousness of the Chinese ...
Frees Fund Invests in First Funding Round for Jineng Technology
Jineng Technology, a one-stop services operator for new energy vehicles, has completed its first round of financing totaling tens of millions of yuan. This round featured exclusive investment from Frees Fund.
4/19/20222 min read
OnePlus Rumored to Release the 7T Pro
Similar to the OnePlus 7 Pro, the 7T Pro comes with a 6.7-inch Fluid AMOLED Quad HD+ display with a PPI (pixels per inch) of 516 and an impressively smooth 90Hz refresh rate.
8/9/20192 min read
SoundAI Completes Series B Funding of 200 Million RMB
On Dec. 29, SoundAI, a Chinese tech startup that develops acoustics-focused artificial intelligence (AI) technology, has completed its Series B round of financing worth 200 million yuan ($29 million).
China New Energy Storage Industry Innovation Alliance Established in Beijing
On August 8, the China New Energy Storage Industry Innovation Alliance was established in Beijing. The innovation alliance was initiated by China Energy Engineering Group Co., Ltd. (CEEG), CATL and and Trina Solar Co., Ltd.
8/8/20222 min read
Bilibili Issues Response on Official VTuber Suspected of Plagiarism
Bilibili E-sports responded that the face of its Vtuber named "Ranran_Ranoca" is indeed quite similar to that of another Vtuber.
2/25/20223 min read
A Chinese Company Encourages Employees to Sell Their BMW Cars
On April 21st in Suzhou, China, rumors have it that a certain company has issued a notice requiring employees who drive BMW branded vehicles to sell them within one month and replace them with domestic cars.
China Passenger Car Association Announces Sales Rank of NEVs in China in May
According to statistics released by the China Passenger Car Association Cars (CPCA) on Friday, the sales volume of domestic passenger cars reached 1.354 million units in May, down 16.9% year-on-year.
6/10/20222 min read
Rumors Swirl Around ByteDance’s Potential IPO
Chinese online content juggernaut ByteDance is rumored to be considering an IPO in Hong Kong in the first quarter of 2020.
NIO to Spin Off Battery Production Unit by Year-End
Chinese EV maker NIO is planning to separate its battery production unit as part of its strategy to become more profitable, according to anonymous sources cited by Reuters.