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News emerged that Chinese EV maker NIO is considering a secondary listing in Singapore as early as this year, as its plans to list in Hong Kong face regulatory scrutiny. NIO said they would not comment on market rumors.
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.
NewBanker, a provider of digital solutions for wealth management, announced on August 24 that it had secured funding from a firm owned by CICC Capital, with Yuanhe Capital as the exclusive financial adviser.
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.
Hozon Auto's subsidiary EV brand NETA Auto held a press briefing at its Beijing Design Center on Monday, during which it unveiled its own intelligent driving system, TA Pilot.
On Wednesday, Jensen Huang, CEO of Nvidia, reiterated the company's commitment to the Chinese market at the 2023 DealBook Summit.
ECARX, a mobility technology company, announced on November 14 that it has entered into an agreement with SPDB International (Hong Kong) Limited and CNCB (Hong Kong) Investment Limited for $65 million of convertible senior notes due in 2025.
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.
Apple Vision Pro has passed the national 3C quality certification and is expected to be released after WWDC24 global developer conference.