
XPeng CEO Warns of Suspended Production if Lockdowns Persist
Amid ongoing pandemic containment efforts, car companies in China are facing supply chain problems. He Xiaopeng, CEO of electric vehicle maker XPeng, expressed his worries on Thursday.
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Amid ongoing pandemic containment efforts, car companies in China are facing supply chain problems. He Xiaopeng, CEO of electric vehicle maker XPeng, expressed his worries on Thursday.

On the evening of July 13, Chinese delivery and e-commerce giant Meituan announced that all preconditions for the items contained in Tencent's subscription agreement had been reached. The estimated net proceeds from the deal are expected to be about $400 million.
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Following the tradition of the Nova series, Huawei's Nova 6 is a 5G smartphone specially designed for young people.

Honda recently announced that it will lay off about 900 contract workers at its Chinese joint venture, GAC Honda Automobile Co., due to a shift towards the electric vehicle market.

On November 25, the Beijing Internet Court made a first-instance judgment on the Youku v. Kuaishou case regarding infringement of a TV series "Skate Into Love." Youku won the case and was compensated 460,000 yuan ($72,193).

Electric vehicle startup Xpeng Motors ranked first among Chinese automakers in smart & connected car technology patents in 2019 with 335 patent applications.

Due to the continuous increase in the number of Chinese developers, China has become the largest market for GitHub outside the United States.

Chinese automaker Li Auto released its unaudited financial report for the first quarter of 2022 on Tuesday. The company garnered a total revenue of 9.56 billion yuan ($1.42 billion) in Q1.

According to a document disclosed by the Hong Kong Stock Exchange (HKEx) on August 17, Dingdang Health, a digital medical services provider, has passed its listing hearing. Its sponsors are CICC and CMB International.

Wu Yanhua, deputy director of the China National Space Administration, said in a recent interview that China will set out to establish a defense system against near-earth asteroids.

Orca Electronic Intelligent Technology Corporation Co., Ltd. (Orcauboat), an unmanned boat startup, announced on Saturday that it has completed a round A+ of financing totaling 50 million yuan ($7.5 million).
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These days, the Chinese are getting ever more superstitious, what with all the unique customs, habits, and efforts spent on reeling in good luck. Recently, a fi...