Shares of China’s biggest contract chipmaker SMIC soared by 245.96% to 95 yuan ($13.59) on its first day of trade in Shanghai.
Xiaomi on Wednesday announced five new lifestyle products including a fitness band, electric scooter, TV stick, curved gaming monitor and wireless earphones.
The US announced visa restrictions on employees of Chinese technology firms including Huawei, a day after the UK banned Huawei from its 5G network.
Shares of mobile game developer Archosaur Games, Tencent-backed company, rose 55% to HK$18 ($2.32) per share after its Hong Kong IPO on Wednesday.
Mobile network operators won’t be allowed to purchase Huawei equipment after December 2020. Any existing Huawei gear has to be removed by 2027.
Luckin Coffee appointed Guo Jinyi, a board director and former acting CEO, as chairman and CEO in replacement of its co-founder and former chairman Charles Zhengyao Lu.
DiDi will launch its ride-share service in 20 new Australian locations on August 10.
Colin Zheng Huang, the founder of Chinese e-commerce giant Pinduoduo (PDD), has stepped down as CEO and reduced his stake in Pinduoduo stock to 29.4% from 43.3%.
Chinese electric vehicle (EV) maker Li Auto Inc. has filed for a US initial public offering of up to $100 million, seeking to list its stock on the Nasdaq.
Alibaba Group Holding Limited on Friday released its annual report for the fiscal year ended March 31, 2020, which shows it achieved a record gross merchandise volume (GMV) of $1 trillion while it had 780 million annual active consumers in China in the past fiscal year.
Kuaishou announced an annual singer songwriter competition called Album 12, partnering with Tencent Music’s music streaming service QQ Music for the event.
Xiaomi spin-off brand Poco announced it will launch its latest midrange smartphone, the M2 Pro, on Flipkart exclusively for the Indian market on July 14, starting at 13,999 rupees ($185).
Bilibili on Wednesday launched a new matchmaking platform called Sparkle, or Hua Huo in Chinese, to help brands and agencies connect with content creators.
OnePlus said it will launch its new midrange smartphone Nord with a virtual reality event on July 21.
China's smartphone maker OPPO has helped deploy the UK's first 5G Standalone network and partnered with 40 major European carriers to advance 5G technology.
Sina Corp. said on Monday it had received a preliminary non-binding go-private offer of $41 per share in cash from New Wave MMXV Limited.
Luckin Coffee Inc.’s shareholders voted to dismiss its chairman Charles Zhengyao Lu, days after the board of directors failed to do so.
SAIC Motor Corp. Ltd reached an agreement to buy 28.92% of the share of car rental service provider Car Inc at the price of HK$ 1.9 billion.
Luckin Coffee Inc. said Thursday that its co-founder Charles Zhengyao Lu will remain chairman, after the board of directors failed to oust him.
Workforce operations platform Quhuo Limited (QH) announced it had filed a registration statement with the US Securities and Exchange Commission (SEC).